Here at RapidRatings, we can partner with you to provide additional assessments of your Tier 1, 2 and 3 suppliers or vendors. Having insight into your Tier 1 suppliers' critical vendors (i.e. your Tier 2 and Tier 3), provides an additional layer of insight to support complex risk management processes.
There are a few ways you can start thinking about doing this in the RapidRatings system:
- Qualitative assessment of Tier 2 and Tier 3 by obtaining information from Tier 1: We offer surveys as part of our offering to help gather qualitative information. These can be tailored to ask your Tier 1 vendor on specific information about their own exposures. For instance, you can ask them to provide a list of their critical vendors as part of this survey process
- Quantitative assessment of Tier 2 and Tier 3 through RapidRatings: We will work with you to integrate critical Tier 2 and Tier 3 suppliers into the assessment list that you provide to RapidRatings
- Partners: we have a growing list of Partners and Integrations that will ease some of the information collection and analysis burden faced with evaluating vendor ecosystems
For further information, contact your Client Success Manager, or email@example.com