Third-party Vendors Selection and Assurance

Our third-party selection and supplier assurance services, help you mitigate supply chain risks and maintain compliance. With supply chain breaches becoming increasingly common and complex, we offer a systematic approach backed by industry knowledge and experience. Our services not only strengthen your security but also build confidence for your business at every stage of the process.

3rd Party Vendor Selection

Selecting the wrong vendor can have long-term consequences, including increased exposure to supply chain attacks. Our vendor selection services guide you through the procurement process, ensuring informed decisions that safeguard your sensitive data and maintain compliance. 

We help you navigate complex tender processes efficiently by addressing contractual and regulatory obligations related to supplier assurance. This service complements your existing staff expertise, offering a cost-effective alternative to hiring full-time resources while ensuring you meet your business and compliance needs.

We also provide expert assistance in creating critical documentation based on standardised information security and data privacy requirements.

How the Process Works

Vendor Identification

We support you in selecting managed service providers (MSPs), managed security service providers (MSSPs), and software as a service (SaaS) vendors.

Tender Process Assistance

We guide you on creating essential documentation such as Requests for Proposal (RFPs) and contracts.

Standardised Criteria

Our evaluation criteria are based on industry-standard information security and data privacy requirements.

3rd Party Supplier Assurance

Supply chains often present large and intricate attack surfaces, making them a frequent target for breaches. 

We support you by assessing your existing third parties and suppliers, reducing the risk of data breaches and service disruptions. This service strengthens your business-as-usual (BAU) operations while building trust with your users and clients. By streamlining your internal resources with a consistent approach, we make supplier assurance an efficient and effective process. 

Additionally, our service can act as a training opportunity, helping your teams develop their assurance capabilities. This ensures you meet contractual requirements related to your supply chain while improving overall security.

Our approach is flexible, offering a sliding scale of support ranging from self-assessment-led reviews to fully audited engagements. This ensures that you receive the level of assurance tailored to your needs.

How the process works

Supplier Evaluation

We evaluate your suppliers through market research, referrals, reputation checks, financial stability analysis, and reference verification.

Risk Assessments

Our comprehensive assessments focus on data security, financial, and operational risks.

Documentation and Evidence

We may provide tailored questionnaires or conduct audits to verify supplier certifications, processes, and policies based on frameworks such as ISO 27001:2022 Annex A and the Cloud Security Alliance Cloud Control Matrix (CSA CCM).

Contractual Oversight

We oversee contractual negotiations, including SLAs and data protection clauses, ensuring compliance with essential requirements.

Our expertise 

We bring extensive expertise in vendor selection, tendering processes, and supplier assurance, gained from internal roles and client engagements. Our familiarity with diverse technologies and industry sectors ensures that you receive informed and effective guidance. By helping you adhere to regulations and enhance business continuity, we reduce the risks of data breaches and service disruptions, allowing you to make secure and compliant decisions with confidence.