Automate Supplier Financial Risk Assessment with Tonkean + D&B Risk Analytics

Modern procurement and legal operations teams face increasing pressure to assess supplier risk quickly, accurately, and at scale. D&B Risk Analytics provides world-class financial risk indicators—such as SSI, SER, and PayDex—but operationalizing these insights across onboarding and compliance workflows can be challenging. Tonkean's no-code process orchestration platform bridges this gap, enabling seamless automation and orchestration of supplier risk management using D&B Risk Analytics data.

Example Use Cases: Orchestrating Supplier Risk with Tonkean

1. Automated Supplier Onboarding with Real-Time Risk Scoring

When a new supplier submits their onboarding form (via Tonkean Intake Forms or connected tools like Smartsheet or Google Sheets), Tonkean automatically retrieves the supplier’s D-U-N-S number and triggers an Advanced Search in D&B Risk Analytics. The platform then:

• Retrieves SSI, SER, and PayDex scores using the Retrieve Screening Results action.
• Maps raw scores to risk categories (Low, Medium, High) based on your organization’s thresholds.
• Calculates an overall risk rating using worst-case logic, ensuring high-risk suppliers are flagged immediately.
• Stores and displays results in the Supplier Risk & Compliance section of your onboarding review interface.
• Automatically notifies procurement and compliance teams via MS Teams, Slack, or email for high-risk cases.

This end-to-end automation eliminates manual data entry, reduces errors, and accelerates supplier onboarding decisions. Learn how Tonkean transforms procurement operations.

2. Intelligent Routing for Manual Review

If a supplier does not provide a D-U-N-S number, Tonkean detects the missing information and:

• Automatically routes the request to the appropriate reviewer for manual investigation.
• Triggers a Submit an Investigation action in D&B Risk Analytics if needed.
• Notifies stakeholders and tracks investigation status using the Get Investigation Status API.
• Ensures no supplier slips through the cracks by escalating overdue reviews to management.

This orchestration ensures compliance and risk policies are enforced consistently, even for incomplete submissions.

3. Automated Generation and Storage of Risk Reports

Tonkean can automatically generate PDF snapshots of supplier risk profiles using the Generate a PDF Snapshot (Async) action. The workflow:

• Retrieves the latest risk report and snapshot download URL from D&B.
• Stores the PDF in your preferred document management system, such as Box, Dropbox, or Google Drive.
• Links the report directly to the supplier’s record in your procurement or ERP system.
• Notifies relevant teams when new reports are available or when risk ratings change.

This ensures a complete audit trail and easy access to up-to-date risk documentation.

4. Continuous Supplier Risk Monitoring and Entity Sync

Tonkean can schedule regular syncs of entity details and risk scores by leveraging the Sync Entity Details and Retrieve Entity Details actions. This enables:

• Automated updates to supplier risk profiles as new data becomes available in D&B.
• Real-time alerts to procurement, legal, or compliance teams when a supplier’s risk status changes.
• Integration with other systems (e.g., Salesforce, Jira) for holistic supplier lifecycle management.

With Tonkean, you can maintain a single source of truth for supplier risk and ensure proactive risk mitigation.

Why Tonkean?

• No-code orchestration empowers operations teams to automate complex supplier risk workflows without IT bottlenecks. Explore Tonkean's no-code builder.
• Seamless integration with D&B Risk Analytics and your existing tech stack.
• Real-time notifications and escalations keep stakeholders informed and accountable.
• Consistent risk categorization and policy enforcement across all supplier engagements.
• Audit-ready documentation and reporting for compliance and governance.

Ready to orchestrate supplier risk management with Tonkean and D&B Risk Analytics? Get started today or explore our Procurement Handbook for more best practices.