Systems and vendors

Great overview of all your vendors and systems

Regain control by getting an overview of all your systems and vendors in one place. This is a crucial step to saving costs and reducing risks.

Get a demo of systems and vendors

Emily gets an overview of all the vendors and related systems, and checks who is up for auditing.

Companies all over Europe already build sustainable GRC programmes with Wired Relations

The problem

Keeping track of all vendors and systems

We know from research that managing vendors and systems is challenging. Companies have, depending on what research you look into, somewhere between 250 and 320 apps or pieces of software on average.

30 to 40 percent of that is shadow IT, that is software that is not officially known within the organisation.

Therefore, many of the software vendors are not really “managed” by the organisation - some research suggests that on average more than 50 % of software vendors are not managed at all.

That comes with a number of serious problems to the organisation, primarily because you pay for software you are not using and you take on unknown risks.

6 benefits to managing vendors and systems with Wired Relations

Everything in one place, connected

In Wired Relations everything, vendors, systems and processing activities, is connected. That gives you a great overview and makes making decisions on data protection (like data breaches, new systems and audits) much, much easier.

Keep information up-to-date

With Wired Relations you only need to update information on vendors and systems in one place. No more spending valuable time trying to find the contact information for the vendor you need to audit or guessing if a system contains sensitive information when breached.

Automatic integration

Integrate with your existing solutions so your vendor and systems data is automatically imported. ‍Easily identify any gaps or potential areas of improvement. ‍

Audit vendors effectively

Easily audit vendors. The Task Manager tells you when it is time to audit, audit questionnaires and automatic reminders are sent through the system. With one click you get an overview of which vendors have answered your questionnaires, and which have not.

Manage risk by tying it to the vendor and system

Risk management is an integral part of Wired Relations. You can easily connect risks to vendors and / or systems for effective and efficient risk management.

Make terminating systems easier

In Wired Relations you have a total view of systems and who owns them. That makes it easy to periodically and proactively ask if certain systems are still in use. Some research suggests that upwards of 50 % of software licences are not used. You will be able to cut cost and reduce risk.

Explore how system and vendor management is made easy in Wired Relations

Book a demo meeting with one of our prouduct specialists.

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Companies all over Europe already build sustainable GRC programmes with Wired Relations