AI vendor management and supplier risk software

What IntelloVendor covers

The full supplier lifecycle, from onboarding to ongoing monitoring.

• Self-serve vendor onboarding portal for details and documents
• Configurable assessments, playbooks, review stages and approvals
• Risk scoring across financial, compliance and performance dimensions
• Alerts for expiring insurance, lapsed certifications and missing paperwork
• Bulk vendor import, scorecards, incident and performance logs

Why third-party risk is now a regulatory requirement

Four instruments turn vendor management from good practice into an obligation. The Reserve Bank of India (Outsourcing of Information Technology Services) Directions, 2023, effective 1 October 2023, list in paragraph 16 what every IT outsourcing agreement with a bank or NBFC must contain: data stored only in India, the regulated entity's right to audit the provider and its sub-contractors, the RBI's right of access, prior consent for sub-contracting and termination with orderly transfer; paragraph 17.10 requires an assessment of concentration risk where several services sit with one provider, and Chapter X a documented exit strategy. The Reserve Bank of India (Non-Banking Financial Companies – Managing Risks in Outsourcing) Directions, 2025, dated 28 November 2025, set the equivalent clause list for financial-services outsourcing and make the NBFC responsible for the conduct of its agents. SEBI's Framework for Adoption of Cloud Services by SEBI Regulated Entities of 6 March 2023 requires data in India, empanelled cloud providers, audit rights and an exit strategy. And section 8 of the Digital Personal Data Protection Act, 2023 makes the data fiduciary responsible for processing done on its behalf regardless of any agreement, and allows a processor to be engaged only under a valid contract. Each of these is a field, a document and a review date on the vendor record, not a paragraph in a policy.

Onboarding that captures what regulators and auditors will ask for

The onboarding portal asks each supplier for the facts that later decide a contract term or an audit finding.

• Udyam registration: under sections 15 and 16 of the MSME Development Act, 2006 no payment term with a micro or small enterprise may exceed 45 days, and a default attracts compound interest at three times the bank rate, so the supplier's status must be known before the purchase agreement is drafted.
• Quality control orders: for goods notified under the Bureau of Indian Standards Act, 2016, section 17 bars manufacture, import, sale or storage without the Standard Mark under a valid licence, so the licence or registration is collected and its expiry tracked.
• Security evidence: ISO/IEC 27001 certificates, SOC reports, cyber-insurance cover and sub-processor lists, read by AI and attached to the assessment.
• Tax and identity: PAN, GST registration and bank details verified once and reused across every contract with that vendor.

AI-assisted due diligence

AI reads vendor documents, certificates, financial statements and policies, and pre-fills the assessment, so reviewers spend their time on exceptions rather than data entry. Scores are explainable: each factor shows the document and the clause it came from, which is what an internal auditor or an RBI inspection asks to see.

Linked to contracts and compliance

Each vendor connects to its agreements in IntelloContract and its obligations in IntelloComply, giving procurement, legal and compliance one view of third-party risk. A sub-contractor consent is recorded against the vendor and the clause that requires it; a concentration-risk review and an exit-strategy test are recurring obligations with owners; an expiring insurance certificate raises an alert before the contract renewal, not after the claim.

A rollout that takes weeks, not quarters

Import the existing vendor master in bulk, let AI classify and score from the documents already on file, and run the onboarding portal for new suppliers from the first week. Pricing is per module with unlimited users, so every requester and approver across procurement, finance and the business can be in the system without adding seats. IntelloSync is ISO/IEC 27001:2022 certified.