It is quite common for organizations to utilize a Third-Party Supplier Management (TSM) system to mitigate third-party risk. The TSM is used to prequalify suppliers and monitor their compliance with internal and regulatory requirements for health and safety, quality, and insurance.
The TSM-Coupa Connector allows for seamless synchronization of TSM scorecard data with the supplier’s Coupa profile to assist with supplier management decisions related to supplier safety and risk management.
It consists of two parts which can be deployed independently or together:
An integrated application that provides a real-time view in Coupa into the TSM score for a given supplier (TSM Supplier Scorecard View App).
An integration of TSM Scores into Coupa that allows for the flagging or blocking of transactions with unqualified vendors (Coupa-TSM Score Integration)