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Know Your Business Partner

Holistic Third Party Risk Management Platform

Manage business relationships easily

In our complex, globalised and digitised world, companies are forced to interact with an increasing number of business partners. At the same time, business relations are more intricate than ever due to increasing regulatory requirements. Furthermore, public pressure demanding transparency surges, putting companies in the position of having to carefully manage their business partners. In this environment, integrity matters! Overall, insufficient business partner management results in an unnecessarily high business risk as well as immensely high administrative costs.

Benefits

90 %

Cost reduction

The manual effort and the associated costs can be reduced greatly.

100 %

All industries and sizes of organisations can be covered

The modular approach and risk area coverage are tailored to specific needs.

> 15

Risk areas covered (flexibly expandable)

Changing or increasing regulations are covered on a global level.

Your path to transparent and compliant business partner management

The business relationship tool guides you along the entire process from determination of requirements up to contract conclusion and internal documentation. The usage of the tool is intuitively usable and the content of the tool is tailored in form of selectable modules. In this way, the tool can be customised individually to your needs.

Efficiently onboard and profile external business partners while conducting mandatory Sanctions and Embargoes list screenings.

01Business Partner Profiling and Screening

Efficiently onboard and profile external business partners while conducting mandatory Sanctions and Embargoes list screenings.

In the Spotlight

  • The Know Your Business Partner platform provides companies of all sizes and industries with the ability to effectively and appropriately manage their business relationships and to ensure the integrity of all business partners in a process-oriented manner.

  • “The platform combines standardised and automated process steps with a high degree of flexibility and adaptability. This way, the solution can be tailored exactly to the specific needs of our customers.”

Pricing

Limited - KYBP360

Cost-Clarity Initiative

  • Usage Duration: 2 months
  • Coverage of 3 risk areas and up to 10,000 Business Partners
€ 99,000

one-time investment

with potential cash-back if the solution is purchased

Further information available in the download section under KYBP360

Know Your Business Partner Platform

The price below excludes project realisation (implementation) costs

  • Licence model based on business requirements
  • Depending on number of Business Partners
from € 10,000

(net) per month

What types of businesses can benefit from the Know Your Business Partner platform?

The platform has been developed to assist businesses of all sizes and industries in conducting business partner assessments. It can be tailored to the specific requirements of different companies.

How is the platform updated to adapt to changing regulatory requirements?

The software solution is regularly updated to account for changes in regulatory requirements. It also includes global sanction lists to ensure that checks are up to date.

How secure is my data on the platform?

The security of your data is of utmost importance. The Know Your Business Partner platform is equipped with robust security measures to ensure data privacy and security.

You have questions or would like more information about Know your business partner?