Strengthen Third-Party Relationships with Data and Insights
Procurement leaders rely on thousands of suppliers and deep, reliable data insights to meet business expectations in efficient, profitable ways. Increased regulation, new levels of transparency driven by social media, and increased pressure to be part of the strategy to grow the business have further motivated procurement professionals like you to build strong partnerships internally and externally.
Identify the Right Third Parties to Power Business Performance
Supplier management teams are under increased pressure to reduce costs, mitigate risk, prevent business disruption, protect brand equity, and accelerate due diligence. Identifying and assessing vendors and third parties, proactively and systematically, using advanced analytics, transforms information into insights that enable you to make smarter, more strategic decisions.
63%of CPOs are concerned about the impact of regulation on their business. – Dun & Bradstreet 2018 Compliance and Procurement Sentiment Report
65%of CPOs said they have limited or no visibility beyond Tier 1 Suppliers – Deloitte’s Global CPO Survey 2018
37%of CPOs said consolidating spend is their primary focus. – Deloitte’s Global CPO Survey 2018
Third-Party Lifecycle Management Made Easy
Select and manage the most reliable suppliers to protect your business against risk and disruption while meeting your global compliance, sustainability and diversity requirements. Enabling your company with data and insights from the Dun & Bradstreet Data Cloud, delivered directly or through our third-party risk solutions, allows you to stay ahead of all the factors that may impact a vendor's ability to deliver.
Third-Party Risk Management
Don’t let your third-party relationships put you at risk
Corporations need full confidence and transparency into their vendors and non-vendors. With Dun & Bradstreet’s third-party risk management solution, you can perform comprehensive due diligence and risk management to ensure ethical and responsible relationships.
Optimize Your Supplier Base
Take control of your strategic supplier relationships
Cut supplier review time and select the right companies to work with using our single source of vendor information and insights. With D&B, you’ll be able to see into your supplier base.
Prevent Business Disruption
Third-party disruptions can hamper your growth prospects.
Vendor disruptions can damage growth prospects. Avoid making the wrong vendor choices and centralize risk. Live Business Identity - central to D&B's Data Cloud - provides a comprehensive, updated view of relationships, including corporate linkage for better visibility.
Protect & Enhance Brand Values
Use innovative metrics to enhance brand perception
The cost of protecting your brand from reputational risk cannot be overestimated. Our data includes socio-economic, small business, and diversity classifications to help ensure compliance with government and industry mandates. Check suppliers up front, be proactive about monitoring, and avoid violators.
Pursuing Supplier Resilience
Read about the challenges and priorities of 1,000+ supply chain leaders.
Not only have we been able to dramatically increase the accuracy and efficiency of our onboarding process, the fact that D&B knows our business so well means we don't have to "struggle" any more.