Third Party Management for Energy and Utility Companies

Do you know whom you are doing business with? Today the energy and utility industries are relying on an ever-increasing number of suppliers for essential business functions. This opens the organization to greater risk levels than ever before. In addition, laws and regulations are forcing utilities and energy companies to do greater due diligence and identify their critical suppliers. Quantivate’s Third Party Management module allows energy and utility companies to identify potential supplier risks, verify that suppliers are compliant, and continue to monitor changes that can create new risks.

Quantivate’s Supplier and Vendor Management software includes:

• Centralized file library for third party data and contract management
• Supplier and vendor risk management and due diligence
• Easy to use dashboard interface
• Comprehensive and customizable reporting
• Dynamic Workflow Engine
• Notifications