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SureCloud, a provider of cloud-based, Gartner recognised Integrated Risk Management solutions and cybersecurity services, has announced the launch of its free Supply Chain Tool.

Visit our dedicated page here.

What will the Supply Chain Solution do?

The new application allows businesses to document their key assets and processes, assess their critical suppliers against a pre-defined question set. Then aggregate and report findings through flexible dashboards, helping the organisation to assess the impact on their supply chain.  

 

A need during this time of uncertainty

Effective supply chain management is particularly important at this time of global crisis. The effects of the coronavirus pandemic have transformed the way suppliers are managed and relied upon and created uncertainty for third-party risk programmes. SureCloud’s new tool aims to support organisations in assessing their IT supply chain risks during the COVID-19 outbreak and beyond.  

Enabling businesses

The complimentary Supply Chain Assessment Tool has a simple user interface with prebuilt content that enables rapid deployment of the solution. The tool offers a supply chain assessment, reports, and dashboards designed by industry experts within SureCloud’s Risk Advisory Practice. These components give businesses a time advantage as assessment can be sent directly to crucial suppliers from the SureCloud Platform. This, in turn, helps measure potential supplier risks and determine impacts on your supply chain. 

Built and supported by the experts

The application also offers built-in support including a library of training videos, a support desk, and advice from industry experts using SureCloud’s Risk Advisory Practice, ensuring smooth user adoption and realisation of value.

Why is SureCloud investing in this?

Richard Hibbert, CEO and Co-Founder at SureCloud, said: “Most organisations understand the importance of third-party risk management by now, but fourth-party risk and beyond remains too often shrouded in mystery. But if your third party is working with third parties – and most are, from individual consultants up to major technology providers – then those individuals or organisations are also part of your risk posture. This is why it is so important to think of your organisation’s security and risk posture as part of a chain, in which you are only ever as robust as the weakest link.”

He continued, “Supply chain audits need to take in a broad spectrum of information. It’s not just about the obvious – what cybersecurity tools do they have in place, who is responsible for which process, what the contingency plans are – but also ‘softer’ information like where their offices are based and who their customers are. Supply chain audit solutions need to be able to collect all this data as efficiently as possible, which means that cloud-based solutions are often most appropriate. Third and fourth parties and beyond can respond to digital questionnaires with the information collated and aggregated automatically. The result is a snapshot view of the health – or risk – of the supply chain at any time.”

“SureCloud is dedicated to making risk management and cybersecurity as streamlined and straightforward as possible, so we are delighted to announce the launch of our Supply Chain Assessment Tool. We know it will help organisations gain a better understanding of their complete supply chain, particularly in light of current circumstances disrupting normal operations.”

By using the SureCloud Platform to assess supply chain risks, clients provide valuable global insights into the current state of the supply chain, which supports other organisations with their resilience strategy. SureCloud can utilise the results to measure and report on global trends relating to the impact and readiness of supply chains, before sharing this analysis for learning.

Actions you can take with SureCloud’s Free Supply Chain Assessment Tool:

  1. Document key processes and assets
  2. Document your business vendors
  3. Directly assess your supply chain
  4. Define and manage issues and exceptions
  5. Report results via intuitive dashboards

If you would like to learn more about the IT Supply Chain solution, contact sales@surecloud.com to see if SureCloud could help your business.

Or visit our dedicated page here.

Fill in the pop-up form in the left corner to get further alerts and information about this free solution and the data report to follow.

About SureCloud

SureCloud is a provider of Gartner recognised GRC software and CREST accredited Cyber Security & Risk Advisory services. Whether buying products or services your organisation would benefit from automated workflows and insight from the award-winning SureCloud platform. All of SureCloud’s service offerings are fully compatible with the GRC suite of products enabling seamless integration of information, taking your risk programmes to the next level.

 

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