Don't want to take unnecessary risks?
Work with qualified suppliers!
Fluenta Supplier Risk Management
Working with reliable suppliers is essential for business growth. We know how to find them!
The primary goal of the Fluenta Supplier Risk Management module is to make procurement processes more efficient and transparent, improve supplier quality and minimize procurement risks. By using the module, you can reduce supplier risks, automate supplier qualification processes and easily review your supplier dependencies, which can also be turned into an internal audit process.
Main benefits of the Fluenta Supplier Risk Management module:
re-assessment and qualification of existing suppliers,
internal audit options,
reviewing supplier dependencies,
straightforward connectivity with other Fluenta modules,
easy compliance with international standards.
Who do we recommend it to?
Fluenta Supplier Risk Management can help medium and large companies that constantly work with a large number of suppliers and want to reduce procurement risk by automating the monitoring and tracking of their suppliers.
The module also provides the option to carry out internal audits, for example to check suppliers' payment performance or delivery deadlines.
The module can provide useful aid to your company, if:
you work with a large number of suppliers,
you have high-value, regular procurement processes,
you work in a parent company with several subsidiaries,
you want to assess your strategic suppliers,
you want to comply with legal or ISO regulations.
Why choose Fluenta Supplier Risk Management?
Risk assessment and qualification with a single questionnaire available online for those involved in the process.
No more unnecessary work
The configured questionnaires and risk assessment procedures can be easily reproduced.
Information can be automatically classified according to predefined weights and parameters.
Create supplier groups
The risk management parameters for the group are available for all group members.
Interoperability with other Fluenta modules
The data entered here can be accessed in the tendering (Sourcing) module and later in the price negotiation (Auction) module.
During the implementation phase, we will show you how to use our system in the most effective way for your organisation.
Want to know more?
What Our Customers Say
Don't take our word for it
“We have been using Fluenta successfully for years, and I was personally in charge of its implementation on behalf of our company. By the end of the implementation, the system was fully tailored to our company's needs, everything was designed according to our requests and schedule.”
Purchasing Director, BIS Hungary
“Prior to the introduction of Fluenta in 2015, we generally used different, ad hoc solutions that we wanted to improve in the long term. Using the Fluenta Auction and Sourcing modules to manage our processes in a secure, simple, traceable and auditable way has made our work much easier.”
dr. Balázs Lukovics
Debt Collection Advisor, OTP Bank
“We have been using Fluenta's Auction and Sourcing modules for years and we are very satisfied with them. We like the fact that the system is simple and quick to use and easy to learn for new colleagues.”
Senior Procurement Expert, E.ON
“With Fluenta, the lead times for our previously lengthy order processes have been reduced from 30-45 days to an average of 7-10 days, with some orders being fulfilled in as little as a day.”
Technical Director General, Eötvös Loránd University
More to know about Fluenta Supplier Risk Management
You don't need this module if...
➤ you work with a small number of suppliers and it's easy to assess the risks connected to them.
How do we start?
➤ In consultation with the client's key users, we will propose the design of the questionnaires, defining their exact content and the mandatory and optional elements. The process can be started after a single training session.
➤ During the implementation and operation of the system, creating new questionnaires, and designing and configuring them requires no additional development.
Supplier Risk Management can help you, if...
➤ you need to assess and benchmark several market players at different times;
➤ easy comparability of the responses received is important;
➤ your supplier database changes several times a year;
➤ you need to group, blacklist and classify suppliers in different ways;
➤ you have rules on supplier risk management that are requirements for the whole company;
➤ you need audited relationships with suppliers;
➤ you require assessors to have access only to the audit fields that apply to them.
Flawless certification process
➤ Simple, easy-to-understand questionnaire interface
➤ Uniform format
➤ User-defined frameworks
➤ Built-in approval options