Overview
The Bitsight integration with GEP’s Third-Party Risk Management (TPRM) module brings external cybersecurity ratings and risk insights directly into the GEP Source-to-Pay (S2P) workflow. This integration enables procurement, risk, and security teams to evaluate supplier cyber risk during sourcing events, onboarding, contracting, and ongoing monitoring without leaving the GEP platform.
GEP retrieves Bitsight ratings, risk vectors, alerts, and company profile data through Bitsight’s APIs, embedding them throughout key supplier lifecycle checkpoints. This ensures users have the context needed to make informed risk decisions and maintain continuous visibility into vendor security posture.
Key Capabilities
Supplier Screening & Onboarding
- Evaluate supplier cybersecurity posture during early sourcing and RFX stages.
- Combine Bitsight insights with GEP’s questionnaires and internal assessments to determine whether further due diligence is required.
- Identify high-risk suppliers before awarding business.
Continuous Monitoring
- Automatically pull Bitsight alerts and updated risk data on a recurring basis.
- Generate review tasks for risk SMEs when noteworthy security changes occur.
- Enable users to reassess supplier exposure, initiate mitigation plans, or escalate risk where necessary.
Integrated Risk Evaluation
- View Bitsight ratings, historical trends, vectors, and issue-level detail directly within GEP’s interface.
- Navigate to the Bitsight Platform for deeper investigation when needed.
- Use Bitsight data to inform GEP’s engagement-level and supplier-level risk ratings.
Data Flow
Data Pulled from Bitsight into GEP
The following data is retrieved via Bitsight APIs and displayed in GEP:
- Company ratings (overall & vector-level)
- Risk vectors and severity categories
- Company metadata (domain, industry, size, etc.)
GEP performs vendor matching using domain and company name, prioritizing domain-based identification.
Additional bidirectional data exchange is planned for a future release.
Use Cases Supported
1. Sourcing & RFX
Bitsight data is available at multiple decision points across the sourcing process, including when shortlisting suppliers. This helps users avoid unnecessary assessments and focus on higher-risk vendors.
2. Onboarding & Due Diligence
Risk SMEs can initiate deep-dive reviews when Bitsight findings indicate elevated risk. Bitsight insights can also be used to validate questionnaire responses (“trust but verify”).
3. Continuous Monitoring
GEP monitors for significant changes in Bitsight ratings, providing automated review workflows when updates require attention.
Prerequisites
To enable this integration, ensure:
- The GEP TPRM module is licensed and active.
- A Bitsight API token is available with sufficient permissions.
Availability
This integration is available within the GEP Source-to-Pay platform, with TPRM enabled.
For access, users should contact their GEP representative.
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