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The financial position and risk of every supplier and subcontractor in one place
Risk Radar is an enterprise risk management solution for the construction industry that delivers unrivalled insight into the financial health of subcontractors and suppliers to help you identify and mitigate supply chain risk. This powerful tool combines information from a broad range of data sources, allowing you to extract the information you need in a way that makes sense to your business.
Track subcontractor risk and progress in projects and identify issues before they cause disruption.
Easily segment your subcontractors and suppliers to enable project-based risk management.
Set up tailored permissions to enable access to data across multiple business functions.
Harness the power of AI to create a visualised risk trend analysis or benchmark supplier financial health.
Easily access accurate data on subcontractors that is not available anywhere else.
Insights from HSE, ICO, EA and Employment Tribunal, all available alongside Constructionline data.
Risk Radar is the only tool of its type that uses AI to combine and contextualise proprietary data with data from publicly available sources.
Embedded visualisation tools enable users to draw out insights in a way that is useful and relevant – answering specific queries and leaving nothing to chance.
The result is a more comprehensive view of suppliers and subcontractors than ever before – meaning financial and reputational risks can be identified and resolved before they cause disruption or delay.
✓ Flexible and accessible Risk Radar has the built-in flexibility to deliver precisely the insight required – showing financial risk linked to a particular portfolio, project, region or supplier depending on your needs.
✓ Quick and easy to use Procurement teams often spend too much time gathering the information they need from various sources, from Google to credit referencing, to assess their supply chain. Risk Radar puts everything you need right at your fingertips.
✓ Reliable and up to date This innovative tool provides a deeper granularity of data that you can be sure is both accurate and up to date – so you can make business-critical decisions with confidence.
Risk Radar has been created to provide procurement professionals with unparalleled insight into the risk profile of the suppliers and subcontractors that make up their supply chain. It uses data from numerous sources – some of which are not publicly available – to deliver unique insights to buyers. To protect you from risk, our partnership with Company Watch allows us to overlay our industry-specific data sets with Company Watch’s financial risk data models and the information held in its Aphrodite director matching tool, to provide a unique, up-to-date position.
Risk Radar also allows you to set up notifications for supplier status changes or risk-related events to enable proactive exception management.
These plans are fully compatible with Risk Radar – meaning you will be able to quickly and easily access enhanced data through our integrated and intuitive Constructionline platform.
Bring best practice to your procurement and supply chain management processes by upgrading your account to a Connect or Manage plan to take advantage of our Risk Radar tool.
If you would like to learn more about how we can help you streamline and optimise your supply chain management and risk control processes, talk to us about joining Constructionline.
To get more information on Risk Radar or Constructionline memberships, please complete the form on the right, and we will get back to you as soon as possible.
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For assistance pelase email Constructionline@Constructionline.co.uk