Description of Contingent AI
Contingent AI is an AI powered supplier monitoring platform for procurement, compliance and operational resilience leaders.
Contingent AI helps organisations proactively predict, assess and monitor third-party and supplier risk. Take the operational resilience of your supply chain to the next level with Contingent intelligence.
This is how we can help across the organization:
***Operational resilience and risk teams***
- Achieve complete visibility of your supply chain and obtain an overview of your 3rd party relationships
- Seamlessly search across millions of companies for verified and compliant ownership, financial data, certifications and much more.
- Manage and predict risks with our monitoring and real-time alerts. Select tolerance criteria, disruption events and metrics that are crucial to your operational resilience.
- Optimize your supply chain risk management processes and automate manual tasks, freeing up your team's time to focus on their core responsibilities
***Compliance teams***
- Conduct due diligence quickly without sacrificing quality
- Comply with Sanctions, AML, Anti-Bribery and Corruption and Modern Slavery regulations around the world
- Understand beneficial ownership and control, screen against sanctions, global watchlists, PEPs, news and internal proprietary watchlists
- We'll automatically alert you to potential compliance risks related to your supply chain, while also putting an end to false positives
***Procurement teams***
- Streamline the onboarding due diligence process - put an end to lengthy questionnaires, back to back emails and long supplier onboarding
- Data from millions of suppliers are at your fingertips- empowering you to search, assess and verify supplier risk data from one platform in an instant
- We automate risk monitoring 24/7/365 and send custom alerts for your critical requirements providing you with peace of mind