Improve ERP controls for operational safety and business reliability

Electrical Distribution Company The network consists of more than 60,000 substations and more than 95,000 kilometers of overhead lines and underground cables Located in the UK, Delivers electricity on behalf of suppliers to more than 3.5 million customers

Develop a holistic view of supply chain risk Identify control weaknesses in the procure-to-pay cycle by monitoring potential risks and taking mitigating actions Ensure that the electricity distribution can continue uninterrupted, regardless of any natural and man-made obstacles that might occur

SafePaaS Controls Catalog Continuous Controls Monitoring Data Discovery

Reduce Supply chain management costs 8.4% by replacing unreliable suppliers and recovering overpayments Report all suppliers that do not comply with all contractual terms Test supplier invoices and payments to ensure effective payable controls Evaluate supplier for financial stability against credit reporting agency database Rate supplier risk in the event of a natural disaster or other disruption using geographic diversity analysis to ensure reliable customer service Assess supplier regulatory compliance risks with surveys to determine compliance with critical regulatory guidelines such as the UK Bribery Act, labor laws, domestic government regulations, tax laws…