Key Capabilities / Features

— Create workflows and supplier questionnaires in a no-code, drag-and-drop workflow builder.
— Automate risk-scoring and tiering against supplier responses.
— Define exception alerts to be alerted when responses diverge from what’s expected.
— Get AI-powered risk summaries and remediation steps to speed up the assessment process.
— Schedule automatic reassessments to meet your regulatory requirements and match your risk appetite.
— Communicate directly with suppliers in Omnea to eliminate middleman mediation and manual chasing.
— Store all of your third party risks in our risk repository alongside remediation steps, along with inherent and residual risk scores.

How we are different

— Omnea embeds intelligent TPRM within the procurement intake process. By asking requesters simple questions, Omnea automatically sends out the right supplier assessments depending on factors including data usage, location, and criticality. Additionally, Omnea categorizes the request and involves the right stakeholders at the right time depending on risk profile and responses. Reviewers have full visibility of all requests, and get email, Slack, or Teams notifications when statuses change, responses diverge from expected norms, or require review. Omnea gives them a full overview of supplier circumstances, including AI-powered contextual summaries—so they can make informed decisions at speed.

— Omnea AI summarizes supplier risk questionnaires and complex documents like pentest reports to make supplier assessment simple. Risk and security teams can get started quickly with pre-built templates for common scenarios, including for regulations and certifications like SOC2, SOX, and DORA. When building questionnaires in our no-code workflow builder, they can define expected answers and get instant alerts when responses diverge.

— Omnea creates a single source of truth for third-party risk, by storing risks in a central repository alongside remediation steps, inherent and residual risk scores. Users can capture extra metadata such as categorization and internal owners, or set up automated reminders to action treatment plans so things get done on time and they remain audit-ready.