Risk assessments
Weighted questionnaires with a transparent 0–100 score and risk level.
Supplier & third-party risk management
Questr assesses suppliers with weighted questionnaires and turns findings into owned remediation work. Risk stays on the supplier record next to its contracts, services and spend, so a risk decision is never made apart from the business it affects.
Why it matters
Questr's risk score is a transparent weighted calculation from the answers given, not a black box, and it is labelled that way. Anyone reviewing a supplier can see how the score was reached and when the next assessment is due.
Assess suppliers across areas such as compliance, finance, cyber security and concentration. Each answer carries a weight, the score runs from 0 to 100, and the result sets the supplier's risk level. A supplier's risk level can't be typed in by hand; it comes from an assessment.
Reassessment dates follow each supplier's risk level, on a schedule administrators set. Suppliers are screened against the OFAC sanctions list, expiring insurance certificates are flagged, and risk flags can be raised against any supplier at any time.
Turn assessment findings and risk flags into remediation plans with owners, actions and due dates. Overdue work is escalated, and progress is visible on the supplier, in Vendor Management and in the analytics.
Capabilities
Weighted questionnaires with a transparent 0–100 score and risk level.
Next due dates set by risk level, configurable by administrators.
Suppliers checked against the OFAC SDN list, which is refreshed regularly.
Alerts before a supplier's insurance certificate expires.
Risk flags by type and severity, linked to the supplier and any related record.
Plans with owners, due dates and escalation, visible across modules.
Questions
Third-party risk management (TPRM) is how an organisation identifies, assesses and reduces the risks that come from its suppliers and service providers, such as cyber security, financial, compliance and concentration risk. Questr links that work to the supplier's contracts, services and spend.
No. The score is a weighted calculation from the assessment answers, and Questr labels it as computed. You can see exactly how a supplier reached its level.
Administrators set how many days pass between assessments for each risk level, for example yearly for low risk and every six months for high risk. Each supplier's next due date and any overdue status follow from that.
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