Pain Point
Onboarding run by hand
Every new vendor starts a manual cycle of forms, checks and follow-ups. Analyst time is spent on administration before any real assessment begins.
Vendor & Third-Party Risk
Manage every vendor from one record
Risk Llama helps procurement and third-party risk teams manage onboarding, due diligence, contracts, monitoring and actions without separating supplier evidence across inboxes and trackers.
The Problem
Manual reviews hide changing supply chain exposure
Most vendor risk pressure comes from coordination, not a shortage of information. Teams run vendors across disconnected tools, so nobody holds one view of the whole ecosystem.
Pain Point
Documents chased over email
Due diligence evidence arrives through inboxes and attachments. Versions go missing, and nobody can say with confidence what is complete.
Pain Point
Monitoring that stops at approval
Oversight often ends the day a vendor is approved. Deterioration in the months that follow goes unseen until it becomes a disruption.
Pain Point
No single view of dependencies
There is no one place showing who your vendors are, what they depend on, or where the next failure is coming from. Concentration risk hides in the gaps.
The Product
Run onboarding, review and monitoring together
Centralise the vendor ecosystem on one platform that supports onboarding, due diligence, AI-assisted contract review and supply chain monitoring 24/7, with findings retained for human review.
Onboarding & Due Diligence
Build a structured vendor onboarding record
Use surveys, document requests and AI-assisted case preparation to collect the information required for each vendor assessment.
- Prepare discovery and case information for each new vendor.
- Track document requests in one place instead of chasing attachments over email.
- Keep evidence and reviewer decisions connected to each assessment.
Contract Intelligence
Surface contract terms and risks for review
AI-assisted document analysis extracts contract data and potential risks for your team to verify. Reviewed findings remain connected to the vendor and owner.
- Surface key contract terms for review against the source document.
- Identify potential risk clauses for your team to assess and decide on.
- Link reviewed contract findings back to the vendor record and its owner.
Market Watch & Dependency Mapping
Monitor your supply chain 24/7 and see how vendor risks connect
Monitoring should not stop the day a vendor is approved. Market Watch scans global news and regulatory feeds continuously and explains the threat to your vendor ecosystem.
- Surface news and regulatory signals that touch your vendors, around the clock.
- Map how vendor risks connect across your supply chain.
- Highlight deteriorating vendors earlier, before disruption becomes a scramble.
Proof
A regional digital wallet platform cut manual review by 70%.
With 24/7 monitoring of vendor performance risk, the team moved from periodic re-checks to continuous oversight of its supply chain.
70%
Less manual review
24/7
Continuous monitoring
Who It Helps
Designed for a supply chain you can see end to end.
The aim is to make vendor risk easier to run, easier to evidence and easier to explain. Your documents stay in your tenant with Llama Vault, and never train our AI.
For Heads of Procurement
Onboard vendors faster through one structured workflow, without lowering the standard of due diligence.
For Third-Party Risk Managers
Keep every vendor under continuous watch and evidence the whole programme from one connected system.
For Vendor Owners
See the status, documents and open actions for your vendors in one view, without chasing updates.
Risk Llama
Connect every stage of vendor risk review
See how Risk Llama keeps onboarding, evidence, contracts, monitoring and actions connected to each vendor record.