Avetta Business Financial Risk is a solution designed to provide organizations with real-time visibility into the financial health and stability of their contractors, suppliers, and subcontractors. This enables companies to proactively manage risks associated with supplier insolvency, legal issues, and potential disruptions to their supply chain. The platform aggregates data from over 9,000 global sources, updating over a million times daily, to offer comprehensive risk assessments. It helps businesses make informed sourcing decisions, avoid legal concerns, and safeguard their brand integrity by identifying potential sanctions and adverse media reports.

Predict business and financial risks to minimize unforeseen cost impacts on your business

Conducting thorough supply chain due diligence is essential to ensure the reliability of your third-party vendors.

48%

of all third-party risk events stem from financial risk

Up to 15%

more injuries occur in financially unstable companies

55%

of organizations feel that supplier insolvency is one of the leading financial risks in the supply chain.

Modern health and safety solutions for your dynamic compliance needs

Access financial health reports of your contractors and subcontractors

Get real-time, comprehensive reporting of your contractors’ and subcontractors’ financial health for informed business decisions. Gain expert financial health insights Get critical insights updated over a million times a day from over 9,000 global data sources. Monitor local and global financial risk Get local financial scores and insights across 130+ countries, plus an international scoring model to compare to similar companies globally. Make faster business decisions Quickly compare contractors using a filterable scoring system to facilitate informed decisions and deeper reviews of compliance ratings.

Proactively manage issues that negatively impact your brand

Protect your project success, reputation and bottom line against hidden legal concerns and potential sanctions. Avoid legal concerns with adverse media reports Find out if your contractors are facing criminal complaints or investigations before the fallout disrupts your operations or causes irreparable brand damage. Safeguard against OFAC and global sanctions Manage brand integrity by identifying potential sanctions before you hire a contractor or supplier.

Compare contractor financial risk ratings across the supply chain

Review contractor and supplier risk factors pulled from local and global sources. Compare contractor risk using standardized international scoring Compare contractor, supplier and subcontractor risk from over 9,000 global sources using a standardized scorecard. Get a complete picture of contractor risk in every country where you have operations. Get country-specific contractor and supplier business score ratings Evaluate contractor financial stability with country-specific indicators of contractor solvency. Data sources include financial statements, court judgments, protested bills, industry analysis and more.

Leverage leading indicators to protect your operations

Expand your third-party risk assessment to identify hidden business and financial risks that could lead to significant disruption. Receive real-time risk alerts Identify business risks before they land on your doorstep using real-time risk alerts. Identify business risks before they land on your doorstep using real-time risk alerts. Get real-time financial and business health data to make informed sourcing decisions from day one without needing contractor questionnaires. Extend visibility beyond direct partnerships Apply the same compliance rules, qualifications and audits to subcontractors as well as primes to ensure complete supply chain compliance.