NGA’s scoring technology conducts an initial AI risk and impacts assessment before you even start the procurement process
The procurement process is integral for an organization’s bottom line and requires the highest level of scrutiny and security. It can strategically align company values while managing the supply chain and mitigate risk ahead of time to save costs and avoid setbacks.
Some of the risks involved include inadequate needs analysis, like incorrect budgeting or setting an unrealistic schedule; poor supply chain management; inefficient contract management causing delays and unfulfilled partnerships; poor vendor selection and disorganized vendor management; non-compliance and crude contract management processes; error-prone manual internal processing; delays in procurement and talent shortages.
AI Risk Assesment
NGA’s scoring technology conducts an initial AI risk and impacts assessment before you even start the procurement process. It’s done by embedding risk identification and assessment together with associated control requirements directly into the development and procurement cycles. By speeding up pre-implementation checks most risks are then already accounted for and mitigated resulting in a procurement set-up that is efficient, transparent, and risk-averse.
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