TPMS Enterprise Extremely powerful. Surprisingly simple.

With verified talent and project protection tools, go digital without the I.T. headache.

Cloud Base Patform

Want a flexible way to Manage employees?

Flexible work has the potential to solve many issues that see people fall out of the workforce. For employees, this means being better able to fit their jobs around other responsibilities, such as looking after children or elderly relatives. For businesses, this means retaining staff and saving the tens of thousands of pounds it costs to replace them.

See all plans

Engage Solution

Need expert help with engagement?
 

Driving employee engagement could be one of the most important changes you make for your organisation that impacts your bottom line. In fact, companies with engaged employees perform 202% better than those with disengaged teams, research shows.

See how it work

Key risks when dealing with third parties

Organizations focus regarding third-parties remain on selection and onboarding from financial perspective (e.g., least-cost, past credentials, qualifications, etc.), while risks they may pose and ongoing monitoring often receive little attention. Such risks can include, but not limited to, the following:

  • Governance risks – e.g., lack of comprehensive lists of third parties, poor management, lack of owner, etc.
  • Reputational risks – e.g., associating with certain third parties may bring disrepute to the client organizations
  • Compliance risks – e.g., lack of robust compliance policies with laws and regulations by third parties may subject the client organization to various liabilities and risks
  • Financial risks – e.g., associating with financially weak third parties may create a risk of financial loss if they are unable to provide goods and services causing business disruption or loss of advances, if any
  • Fraud, bribery and corruption risks – e.g., dealing with third parties who do not have a sound anti-bribery and corruption mechanisms pose risks to their client organizations of regulatory investigations, prosecutions, fines and penalties
  • Cyber security risks – e.g., third parties with weak cyber controls may pose risks of loss of confidential information, as well as heightened vulnerabilities to cyber attacks
  • Various other risks such as money laundering risks, trade sanctions risks, etc. The list of such risks is long.

Secure platform that works for your entire team

Business process

Third party registration module

A secure account, approval mechanism and due diligence checks

Tendering module

Which helps client organizations to release real time RFPs/RFQs to relevant third parties and solicit their responses

Bidding module

Enables third parties to bid online

Contracts module

serves as a comprehensive repository of all agreements and contracts with third parties, along with key data extracted in a user-friendly table for analytics, monitoring and tracking open and closed commitments

Invoice and billing module

Enables third parties to submit their bills and invoices online

Payment module

Enables third parties to see which bills/invoices have been paid and which are pending. Enables real time reconciliation.

Inbuilt dashboards

comprehensive dashboards of third parties for client organisations

Dashboards for third parties

To see their business with client organizations

Automation features

Enable submission of various information from Procure to Pay (P2P) for both simple and complex procurements directly by third parties

Workflow system

For approvals by the user department, approvers, finance, etc.