Here at RapidRatings, we can partner with you to provide additional assessments with 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), is going to provide an additional layer of protection that you sometimes cannot afford to be without! We believe in a world with full transparency, and are happy to help you on this endeavor.
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 Advanced Solicitation Offerings. 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 Account Manager and Client Services Manager today!