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Avetta Features

What are the features of Avetta?

Platform Basics

  • Interoperability
  • Performance
  • Portal

Platform Performance

  • Reporting
  • Application Monitoring

Platform Functionality

  • Document management
  • Requalification
  • Compliance

Platform Additional Functionality

  • Onboarding
  • Pre-qualifiation
  • Onsite Monitoring

Generative AI

  • AI Text Summarization

Onboarding - Contractor Risk Management

  • Workflow Managment
  • Compliance Verification

Document Management - Contractor Risk Management

  • Analysis

Filter for Features

Management

Approval

Use criteria to add or remove suppliers to/from approved lists.

Not enough data

Communication

Manage communications with suppliers on multiple channels such as phone or email.

Not enough data

Documents

Capture and maintain documents related to suppliers and their products or services.

Not enough data

Performance

Evaluation

Allows users to evaluate supplier performance using standard and custom KPIs.

Not enough data

Selection

Provide features to compare suppliers and choose the best option for various activities.

Not enough data

Risk Management

Identify potential issues and how they may impact relationships with suppliers.

Not enough data

Supplier Information

Profiles

Create and manage supplier profiles that include contact and pricing information.

Not enough data

Qualifications

Identify the services and products provided by suppliers, as well as certifications.

Not enough data

History

Track history of all interactions and business transactions with suppliers.

Not enough data

Platform Basics

Interoperability

Connects to external systems and applications as needed to complete team workflows. 17 reviewers of Avetta have provided feedback on this feature.
69%
(Based on 17 reviews)

Performance

As reported in 19 Avetta reviews. Is consistently available (uptime) and allows users to complete tasks reliably.
75%
(Based on 19 reviews)

Portal

Contains a portal to facilitate third-party or client application access. 19 reviewers of Avetta have provided feedback on this feature.
75%
(Based on 19 reviews)

Platform Performance

Reporting

As reported in 19 Avetta reviews. Provides analytics tools that reveal important business metrics and track progress.
75%
(Based on 19 reviews)

Application Monitoring

Contains application performance monitoring capabilities. This feature was mentioned in 17 Avetta reviews.
73%
(Based on 17 reviews)

Platform Functionality

Document management

As reported in 19 Avetta reviews. Manages necessary docuements for ease of visibiltiy and access.
76%
(Based on 19 reviews)

Requalification

As reported in 18 Avetta reviews. Automated compliance renewal notifications.
81%
(Based on 18 reviews)

Compliance

Tracks contractor compliance levels and renewa dates. This feature was mentioned in 17 Avetta reviews.
87%
(Based on 17 reviews)

Platform Additional Functionality

Onboarding

Onboard workers via online, classroom, or external training. 19 reviewers of Avetta have provided feedback on this feature.
72%
(Based on 19 reviews)

Pre-qualifiation

As reported in 18 Avetta reviews. Pre-qualify contract workers via reference, record, background check.
69%
(Based on 18 reviews)

Onsite Monitoring

Monitor contractor onsite activities, performance, etc. 16 reviewers of Avetta have provided feedback on this feature.
67%
(Based on 16 reviews)

Data Collection

Data Types

Manages quantitative and qualitative data for environmental, social, and governance activities

Not enough data

Data Sources

Combines data from multiple sources such as software solutions, public websites, and spreadsheets

Not enough data

Third Party

Uses data from third party sources such as Bloomberg and DowJones

Not enough data

Reporting

Ratings

Provides ratings to rank companies based on their ESG programs

Not enough data

Investment

Generates reports for existing investors or to attract financing

Not enough data

Public

Creates reports that can be shared with the public, employees, customers, and partners

Not enough data

KPIs

Track vendor risk KPIs such as the time it takes vendors to respond to security incidents.

Not enough data

Templates

Based on 10 Avetta reviews. Include reporting templates for activities such as audits and vendor evaluation.
58%
(Based on 10 reviews)

Centralized Data

Consolidate data from multiple systems that manage supplier information.

Not enough data

360 View

Provide a 360 view of suppliers which can be shared with internal or external users.

Not enough data

Integration

Governance, Risk & Compliance

Integrate with GRC software such as GRC Platforms, Audit management, and Policy management

Not enough data

Finance

Integrate with financial solutions such as accounting and ERP systems

Not enough data

Environmental, Quality and Safety Management

Integrate with EHS software such as Environmental Health and Safety and Quality Management Systems (QMS)

Not enough data

Risk Assessment

Content

Based on 10 Avetta reviews. Standard templates and content for assessment purposes such as NIST (National Institute of Standards and Technology).
60%
(Based on 10 reviews)

Contracts

As reported in 10 Avetta reviews. Ability to review supplier contracts and identify critical requirements or potential risks.
65%
(Based on 10 reviews)

Scoring

Users can assign scores to suppliers based on the estimated risk of doing business with them. This feature was mentioned in 10 Avetta reviews.
57%
(Based on 10 reviews)

Risk Control

Reviews

Review vendor contracts and profiles to ensure compliance with regulation and internal policies.

Not enough data

Policies

Manage and enforce internal policies related to vendor risk management and controls. This feature was mentioned in 10 Avetta reviews.
60%
(Based on 10 reviews)

Workflows

Based on 10 Avetta reviews. Provide workflows to mitigate risk and escalate issues proactively.
63%
(Based on 10 reviews)

Monitoring

Vendor Performance

As reported in 10 Avetta reviews. Track vendor performance using supplier data such as a history of transactions and contracts.
62%
(Based on 10 reviews)

Notifications

Based on 10 Avetta reviews. Send alerts and notifications when corrective actions are needed to address supplier risk.
67%
(Based on 10 reviews)

Oversight

Based on 10 Avetta reviews. Perform ongoing due diligence activities to auto calculate overall risk for each vendor.
58%
(Based on 10 reviews)

Generative AI

AI Text Summarization

As reported in 15 Avetta reviews. Condenses long documents or text into a brief summary.
56%
(Based on 15 reviews)

Risk Management - Environmental, Social, and Governance (ESG) Reporting

Communications

Facilitate communications with various stakeholders on ESG initiatives

Not enough data

Risk Identification

Help users identify ESG related risks to proactively address them

Not enough data

Risk Assessment

Evaluate the impact of ESG related risks on the company and its ecosystem

Not enough data

Strategic Planning

Define and implement strategies to improve ESG initiatives

Not enough data

Reporting - Environmental, Social, and Governance (ESG) Reporting

Benchmarking & Competitive Analysis

Provide ESG benchmarking data and competitive analysis functionality

Not enough data

Actionable Insights

Deliver action items to improve ESG initiatives based on historical data

Not enough data

Performance Tracking

Monitor the performance of Environmental, Social and Governance (ESG) initiatives over time

Not enough data

Compliance Reporting

Build reports around specific compliance requirements and directives such as CSR and CS3D.

Not enough data

Onboarding - Contractor Risk Management

Workflow Managment

Offer automated tools for contractor onboarding This feature was mentioned in 11 Avetta reviews.
82%
(Based on 11 reviews)

Compliance Verification

Provides tools for compliance verification This feature was mentioned in 11 Avetta reviews.
80%
(Based on 11 reviews)

Document Management - Contractor Risk Management

Analysis

Based on 11 Avetta reviews. Enables users to analize documents for audit purposes
77%
(Based on 11 reviews)

Repository

As reported in 11 Avetta reviews. Provides visibility into invoices and optimizes information retrieval
79%
(Based on 11 reviews)

Risk Management - Contractor Risk Management

Performance Monitoring

Assess and monitors contractor performance 11 reviewers of Avetta have provided feedback on this feature.
82%
(Based on 11 reviews)

Risk Reporting

Monitors performance and safety records 10 reviewers of Avetta have provided feedback on this feature.
82%
(Based on 10 reviews)