Case Study: Fortune 100 Consumer Goods Company achieves faster, automated global third-party risk assessments and more efficient decision-making with MetricStream

Fortune 100 Consumer Goods Company Automates Global Third-Party Risk Assessments for Quicker Results and More Efficient Decision-making

A Fortune 100 consumer goods company with global, multi‑billion‑dollar brands was struggling to manually assess risks across thousands of suppliers, contractors, and consultants. Cumbersome approval bottlenecks, manual surveys, and slow report generation made onboarding slow and left leadership with limited, delayed visibility into bribery, safety, and information‑security risks.

MetricStream delivered a centralized, scalable third‑party risk management solution that automates screening, risk categorization and multi‑level surveys (anti‑bribery, privacy, information security), enables self‑service onboarding, and supports multiple languages. The result: faster, more efficient assessments, consolidated near‑real‑time risk data and dashboards, improved third‑party communication and coordination, and quicker, better‑informed sourcing decisions.