Do Business, But Better
Gain time, save money, build relationships and have confidence in your Suppliers.
Secure your business s future with confidence: harness the power of intelligent third-party risk management
WHAT IS CONNECT?
Do business but better
Introducing Conect, the automated Know Your Business (KYB) solution that helps you screen potential clients and partners and ensure compliance with regulations. Conect provides a centralised hub for all your KYB data, including contract repository, alerts, tasks, and insurance policies. It also offers unprecedented access to data like compliance reports, PEP & sanctions, adverse media monitoring, company data, UBO’s, credit risk, and more. Conect is the perfect solution for businesses of all sizes looking to streamline their KYB processes, save money and time, and make informed business decisions. Deploy Conect within minutes with no long-term contract and no training required.
WHAT IS CONNECT PRO?
Now you’re really levelling up
Conect Pro is a powerful third-party management platform that streamlines your third-party management process. It helps you manage vendor contracts, track vendor performance, run audits, assess vendor risk, and make informed decisions about which vendors to work with. Conect Pro is easy to use and customizable, so you can tailor it to meet the unique needs of your business. Try Conect Pro today and take your vendor management to the next level.
Harness The Power of Automation
Conect will enable you to make better use of your time, team, and money. It does this by reducing the cost of customer service, building meaningful relationships with suppliers, and extracting valuable insights to improve efficiency and effectiveness. In today s competitive financial services market, Conect is the solution you need to succeed.
Onboard New Partnerships
Use a streamlined data collection process to quickly direct new partnerships to the right department and assign responsible individuals and teams for assessment. This will ensure efficient handling of partnerships
Determine the risk of arrangements with third parties
Answer a series of questions to generate a risk assessment. The score will determine the scope and frequency of due diligence work, so you can focus on the highest-risk areas
Exercise proper due diligence
Exercise proper due diligence
The dynamic risk-based framework streamlines due diligence on third parties by providing a collaborative platform for collecting and reviewing information. It also helps you to identify and manage risks associated with third-party relationships
Unlocking the Power of Conect: How Your Business Can Benefit from Using Conect
10-25%
Cost savings in each area
15-30%
Additional contribution to net revenue from supply chain initiatives
11-18%
increase in third-party spend managed per Full-Time Equivalent (FTE) reflecting ability to better leverage talent
20-33%
increase in EBITDA and share price upon completion of the entire transformation
Why Choose Conect?
Third party relationship management
Fully scaleable and customisable third party programme to suit your organisation and program maturity.
Run a full Supplier Audit Programe
Form pre audit Q&A to remdiation actions and follow up and autoamted repirting Coenct bring you the abiliuty to deliver a full audit programme.
Best practice
Embed your best practice and policues throughout your supply chain
Supplier Due Diligence
Fully automate your Due diligence programme and contract renewalls