How Brooklyn Supports TPRM with Automation

How Brooklyn Supports TPRM with Automation

Brooklyn’s platform offers a unified system for managing contracts, risks, obligations, and supplier performance—without the need for custom-built TPRM software. Here’s how it helps:

1. Automated Supplier Onboarding & Risk Tiering

Brooklyn digitises the onboarding process, capturing all critical data from suppliers, including certifications, policies, and assessments. AI-powered tools then tier each vendor based on predefined risk categories such as:

  • Criticality to operations

  • Data access levels

  • Geography and regulatory exposure

This ensures high-risk vendors receive deeper scrutiny, while low-risk suppliers are fast-tracked—saving time and focusing attention where it matters.

2. Real-Time Risk Monitoring and Alerts

Brooklyn continuously tracks vendor status and key risk indicators. If a certificate expires, a contract term is breached, or a risk score increases, stakeholders are instantly alerted. Custom dashboards provide:

  • Visual risk heatmaps

  • Contract compliance insights

  • ESG scorecards

3. Centralised Documentation and Audit Trails

Every document, interaction, and update is logged and time-stamped, creating a robust audit trail. This supports internal governance and simplifies regulatory audits for frameworks like ISO 27001, EBA, or GDPR.

4. Contract and SLA Oversight

Brooklyn makes it easy to:

  • Scan contracts for risk clauses and obligations.

  • Monitor SLAs and performance KPIs.

  • Set automated reminders for renewal, review, and compliance dates.

No more missed milestones or silent vendor failures.

5. Integrated ESG and Compliance Tracking

Today’s risk extends beyond operational metrics. Brooklyn supports ESG-focused TPRM by:

  • Tracking sustainability credentials

  • Flagging human rights or environmental violations

  • Ensuring compliance with local and global ESG mandates

Why Brooklyn Stands Out

  • No complex integrations required – Brooklyn is ready to use from day one.

  • Scalable for SMEs to Enterprises – Choose from Essentials, Collaborate360, or Management Suite.

  • Built for collaboration – Share dashboards across legal, procurement, IT, and compliance.

  • Powerful AI baked in – Automates analysis, tiering, and risk detection.

Final Thought: Take Control of Third-Party Risk

Third-party relationships are vital to business success—but they also introduce hidden dangers. With Brooklyn’s automated platform, organisations can elevate their TPRM practices, protect their reputation, and drive compliance—all while improving operational efficiency.

TPRM doesn't have to be complicated. With Brooklyn, it's structured, smart, and scalable.

Explore how Brooklyn can power your third-party risk programme today.

 

Back to blog