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Risk Management

Protect the business with easy risk management

Your team stays covered across every supplier relationship while AI handles assessments, scoring, and mitigation plans.

How should I handle §12.3 before I approve?
Checked §12.3 against the risk policy

Policy requires a risk review first: Datanest stores customer data, and Northwind’s March review covered none. I’d start it now and hold your approval until it’s back.

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Northwind risk review
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Approval summary

RISK REVIEW REQUIRED BEFORE SIGNINGNew subprocessor stores customer data outside the US
§12.3 Subprocessors, added in v4 on Oct 17“Supplier may engage Datanest Pte. Ltd. (Singapore) to host and process Customer Usage Data in connection with the Services.”
Northwind’s last risk review (Mar 2026) covered no customer data, so the third-party risk policy requires a risk review covering privacy and security.
Approving sends v4 to DocuSign. Once Northwind signs, these terms are locked for 3 years.

Northwind’s 3-year MSA renewal (v4, $4.35M) raises the annual cap to $1.45M with volume tiers and removes auto-renewal. Legal approved the redlines on Oct 14 and Finance approved the fees on Oct 16; §12.3 was added in v4, after both.

ContractMSA-214 · Master services agreement, v4
Term3 years from Dec 4, 2026
Total value$4.35M
Approved byLegal (Oct 14), Finance (Oct 16)
Changes since legal review
§4 FeesAnnual cap raised to $1.45M with volume tiers
Approved by Legal
§9 TermAuto-renewal removed; 90-day notice to renew
Approved by Legal
§12.3 SubprocessorsAdds Datanest Pte. Ltd. (Singapore) to store customer usage data
Needs risk review
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Score every supplier in minutes

Get a complete risk picture without manual review 

Your team sees financial, operational, compliance, and cybersecurity risk for suppliers in one view. AI Agents run standardized assessments automatically.

Every score comes with the reasoning

Apply your risk framework to every supplier and see why each score landed where it did. The AI evaluator scores each supplier against your criteria and writes a comment explaining the result.

Supplier risk scores generated automatically

Always work from the most current data. Risk Agents score every supplier when any data is updated.

Turn risk signals into proactive action 

Mitigation plans that actually move

Reduce your exposure instead of just documenting it with targeted plans. AI sticks to your mitigation plans with clear owners, timelines, and actions.

No supplier risks or opportunities missed

See which actions are complete, which are behind, and where attention is needed. Progress stays visible without chasing updates.

Better sourcing and contract decisions

Every procurement decision reflects current supplier exposure. Risk data flows directly into sourcing, contracts, and category plans.

Keep risk visible across the business

Risk reviews that start themselves

When something changes, deploy an Agent to review a supplier's risk profile. Levelpath’s AI flags specific risks so your team knows exactly what to act on.

Every risk answer in one place

Track categories, scores, assessments, and mitigation plans in one AI-enriched system of record. Move from scattered spreadsheets to continuous third-party risk management.

Stay ahead of changes 

Know exactly what to watch after a risk is flagged. AI Agents create action plans with the specific areas to monitor so your team stays ahead of changes instead of reacting to them.

“In under 20 minutes, we pulled down the government handbook, stood up an AI Agent, and had it scoring suppliers’ information security responses against guidelines—telling us whether they met our requirements and where we needed to push back.”

Senior Director, Office of the CIO
Suffolk

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Every supplier scored, every risk addressed, every plan in motion with Levelpath. 
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