Description

3PAS proprietary risk scores are created by assessing companies against internationally recognized frameworks including ISO27001, PCI, HIPAA / HITECH and FISMA. They are used to help companies monitor how carefully their internal or external business partners and suppliers protect the confidential data entrusted to them.As part of the contract and procurement process, suppliers must provide their customers with evidence that they meet their insurance thresholds and other specific requirements mandated by regulations or industry standards. Hiring a vendor without first capturing and verifying these records can result in complications down the line. Collecting the documentation, storing it securely where it is accessible to all parties who need access to it and checking it annually, requires a level of effort that most companies find challenging given resource constraints and limitations on budgets. Let the 3PAS team do the leg work. You pay no fees since we pass the minimal credentialing expense on to each vendor as a cost of doing business. Simply supply us with a vendor extract file from your procurement system and we take care of the rest!