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Due diligence software for local service providers

Automate and streamline the due diligence process for your local service providers enhancing efficiency and compliance.

Evident Network business verification form

Key benefits

Discover how our due diligence solutions enhance your service provider management with automated evaluations, tailored profiles, and real-time monitoring for efficient risk management and compliance.

Protect your business

Safeguard your business and business’s reputation by identifying critical risks associated with local service providers, ensuring comprehensive protection

Streamline provider evaluations

Use AI to automate evaluations of service providers, identifying risks and compliance issues effortlessly.

Understand provider risks

Build detailed profiles of service providers, giving you the insights needed to manage risks effectively.

Gain peace of mind

Rest easy knowing that Evident identifies the third-party risks most relevant to your business, allowing you to take precise actions to protect your organization effectively.

Trusted by thousands of companies

Lowe'sAmazon7-ElevenDomino'sWayfairMarsh

Key features

Simplified provider checks

Streamlined risk assessment

Automate the collection of service provider evidence with customizable rules that simplify evaluation. Efficiently manage service providers with a smooth submission process and handle exceptions as needed, optimizing your due diligence operations.

AI-driven automated evaluations COI Tracking Evident Product Screenshot

Starter profiles

Pre-built evaluation profiles

Use pre-built profiles for service providers, offering varying levels of rigor. Quickly start assessing providers with profiles tailored to industry-specific risks, ensuring relevant and comprehensive evaluations.

Pre-built evaluation profiles

Customized workflows

Flexible risk management

Adjust and configure profiles, evaluations, and workflows to fit your specific risk management criteria. Align with your existing processes for effective and tailored due diligence of service providers.

Evident insured profile showing coverage types and compliance status

Ongoing monitoring

Monitor continuously

Maintain continuous oversight by monitoring provider risks, compliance status, and performance metrics. Stay proactive and informed with up-to-date data, ensuring ongoing management of service provider risks.

Evident product screenshot of monitoring risk assessment based on Non-compliant, pending, and compliant actions for third parties.

How we work with your team

Our due diligence tool seamlessly integrates with your existing processes, ensuring a smooth transition and efficient collaboration between your team and our platform.

Risk teams

Ensure thorough service provider vetting to mitigate operational risks and maintain compliance with regulatory standards.

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Trust and safety

Safeguard client well-being and reputation by implementing rigorous screening and compliance measures in your practice.

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Operations teams

Streamline service provider onboarding processes to enhance operational efficiency and ensure seamless service delivery.

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Take the risk out of local service providers

Ensure compliance, mitigate risks and enhance operational efficiency with our comprehensive verification and assessment tools.

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Regulations in Third-Party Risk Management

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The Best Class Action Lawsuit Defense? Third-Party Insurance Verification

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Why Indemnity Agreements Aren’t Ironclad

Risk leaders are on a never-ending mission to ensure their company’s safety, compliance, and potential damage are at a minimum. Historically, the company requesting verification of a vendor’s insurance coverage — would rely on indemnity agreements to reduce any associated risks from the partnership. But the truth is, that an indemnity clause isn’t foolproof. And […]

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Trust, but Verify: How to Safely Diversify Retail Vendors and Suppliers

In Q4 2020, excess liability pricing rose by 28%, cyber insurance pricing increased by 17%, and pricing in the public D&O market went up by more than 44%. This year saw new trends in rising insurance premium costs emerging due to the COVID-19 pandemic, which deeply disrupted supply chains and bankrupted businesses. In these strange […]

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What is a low risk supplier? And why should I care?

In today’s business environment, the stability and success of your operations often hinge on the reliability of your suppliers. While high-risk suppliers can introduce significant vulnerabilities into your supply chain, low-risk vendors, if not properly vetted, can also pose substantial risks. But what exactly defines a vendor as “low risk,” and why should you prioritize […]

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Enhance TPRM with Business Validation

You can’t conduct business without some level of collaboration, but how can you be sure your third-party suppliers are trustworthy? As businesses increasingly rely on external partners, identifying and avoiding potential risks these third parties pose is a top priority. A successful third-party risk management (TPRM) strategy can help protect your company’s operational integrity and […]

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Risk Transfer: 3 Examples Retail Owners Should Be Aware Of

We are going to walk you through three incidents that can result in lawsuits for a retailer. While it may not always be possible to avoid legal action, risk transfer can minimize costs and keep your insurance premiums more affordable. Discover practical ways to protect your business and assets. Let’s explore a case involving a […]

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The Importance of Automated Due Diligence

Automated due diligence is transforming supplier verification, combining speed and precision within the due diligence process to keep your business efficient and compliant. With this powerful, advanced AI technology, you can confidently manage your company’s third-party supplier relationships and reduce potential risks. Understanding Due Diligence In business, due diligence involves conducting a comprehensive risk assessment of a […]

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Building a Foundation: Third-Party Risk Management 101

In today’s interconnected business environment, relying on third-party vendors has become the norm. However, with these partnerships come inherent risks that can jeopardize your organization if not managed properly. This is where a robust Third Party Risk Management (TPRM) program comes into play. But where should you start? Let’s break it down. What is Third-Party […]

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Are you ready to be in control?

See how Evident can help.

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