What Is a Vendor Risk Assessment App?
It’s a centralized solution that enables you to track and quantify vendor-related risks using pre-defined scoring models. The system combines qualitative inputs and quantitative metrics to produce an evolving risk profile per vendor.

It ensures:

• Risks are measured consistently across all vendors
  
  
• Categories such as financial, operational, compliance, and geopolitical risk are included
  
  
• Risk scores drive remediation, review, or approval processes
  
  
• All assessments are logged for future audits or disputes
  
  

Why Do Procurement Teams Need Risk Scoring?
Without structured risk tracking, organizations face:

• Surprise disruptions from unstable vendors
  
  
• Inability to respond quickly to supplier failures or fraud
  
  
• Subjective or inconsistent risk evaluations
  
  
• Regulatory or reputational exposure from risky partnerships
  
  

Kissflow enables you to transform reactive firefighting into proactive vendor governance.

Key Benefits

• Standardize risk evaluation across departments and vendor types
  
  
• Quickly identify and address red flags in your vendor base
  
  
• Use real data to inform onboarding, renewals, or contract termination
  
  
• Create audit-ready documentation for risk decisions
  
  
• Maintain a healthy and compliant supply chain
  
  

Evaluate Risk in Real Time With a Low-Code App

Define your own risk categories, weights, thresholds, and escalation logic with Kissflow’s low-code interface. Customize the risk scoring model for supplier types, industries, or countries. Update your framework as regulations or business strategies evolve.

Why Choose a Vendor Risk Assessment App Built on Low-Code?
🎯 Customize risk categories, scoring scales, and approval thresholds
🔄 Automate reassessment triggers, alerts, and reviews
📊 Visualize vendor risk levels across multiple dimensions
🔧 Update risk models and workflows with zero coding

💡 Who Is This For?

• Teams struggling with spreadsheets and manual tracking
  
  
• Startups & SMBs looking to digitize operations quickly
  
  
• Enterprises wanting a flexible, scalable vendor risk management solution
  
  
• Managers needing instant visibility into supplier risk and exposure