Avior Announces Managed Service

New offering helps customers reduce the cost of risk and compliance management for suppliers and other partners

 

NASHUA, NH, June 24, 2013 – Avior Computing Corporation announced today the immediate availability of a new managed service aimed at helping customers better manage their risk and compliance programs.  Combined with Avior’s BenchMark platform and the relevant content, this service is immediately available for supplier management, privacy impact assessments and FCPA Anti-Bribery / Anti-corruption (ABAC) programs.

“Since Avior’s software includes all of the content necessary to run a risk and compliance program, it was a natural extension to use our in-house experts to work directly for our clients” said Steve McCalmont, CEO.  “It can be difficult to get a compliance program up and running and this offering gives our customers a very cost effective way get value immediately from a smaller scale program.”   

With this service, Avior sets up a portal for the client, builds the database of suppliers or other partners and runs the program according to the client’s specifications.  Avior runs the necessary assessments, reviews them and manages the remediation process for any problem areas.  The client has on-line access to see the status of every aspect of the program down to the individual supplier or partner.  Client staff is freed from the administrative burden of monitoring supplier and only has to deal with the relatively small number of exceptions.

The service is priced as a month to month subscription based on the number of entities being monitored and assessed.  The monthly subscription for full management of 50 suppliers or partners is $4,000.  Volume and term discounts are available. 

The service is built on Avior’s Dynamic Compliance Matrix (DCM) which has preloaded mappings and content of all the regulations, standards and policies needed for third party risk programs in Life Sciences, Healthcare, and Financial organizations.  The SaaS platform provides complete reporting and audit trail.

“This service is ideally suited to organizations that have smaller supply chains or do not have the staff to administer a complete supplier risk and performance management program.” commented McCalmont.

 

About Avior Computing

 Founded by industry veterans, Avior Computing is a leader in automated risk and compliance management. Avior’s solutions automate the entire lifecycle of governance, risk, and compliance. Avior BenchMark eases the burden of managing compliance by mapping regulations and controls to web based assessments with complete process management for remediation. Our BenchMark Solution Packs provide rapid implementation and fast time-to-value to manage a wide range of compliance programs for globally regulated industries.

 

 

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