Vendor management
Transform supplier risk assessment from a time-consuming task into an automated process that helps your business grow. Add vendors in seconds with our vendor database that automatically fills in all important details, from privacy policies to SOC2 reports. Our intelligent system then automatically assesses risks and helps you make the right decisions.
- Vendor database
Add vendors in seconds instead of hours. Our database automatically fills in all important details - contact info, privacy policies, SOC2 reports, and certifications.
- Structured risk assessment
Start with our intelligent questionnaire that automatically calculates risk classifications. Save hours of manual evaluation and benefit from industry best practices.
- Automatic classification
Our system automatically assesses vendor risk levels based on data access, business criticality, and compliance requirements. Consistent evaluations without guesswork.
- Streamlined workflows
From draft to approval - guide vendors through a clear process with automatic status updates. Everyone knows exactly what needs to happen and when.
- Centralised document management
Store all compliance documents in one place. From contracts to certifications - keep track of what you have and what you still need. Many documents are automatically populated from our database.
- Clear accountability
Assign owners to vendors and track who's responsible for which aspects. No more guessing who needs to take action.
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Grow your business, not your compliance burden
Every business deals with compliance at some point: while preparing for an investment round, applying for an operating licence, or closing a deal with a big customer.
This is not the moment to panic. This is the moment to call us.
Frequently asked questions
Yes! Vendor management, including our vendor database and all automatic assessment features, is included with every Tidal licence. Start managing your vendors straight away.
Our database contains thousands of popular SaaS tools, cloud providers, and business services. Type a vendor name and all available information is automatically populated - from contact details to the latest compliance documents.
Most teams complete their first vendor assessment in under 10 minutes thanks to our structured questionnaire and automatic risk classification. With our vendor database, adding the vendor itself is done within seconds.
Our automatic classification is based on five core factors: data access, data processing type, business criticality, jurisdiction, and vendor scope. The system combines these factors to assign a high, medium, or low risk level.
Yes! You can perform bulk operations such as assigning owners, approving vendors, archiving, and deleting. This saves significant time when managing larger vendor portfolios.
Vendors start as 'Draft' and can be approved after the assessment is completed and relevant documents are uploaded. The system automatically tracks when approvals are given for audit purposes.