Assessments delivered instantly, using the latest data
Traditional financial assessments take days to receice and use 6+ month old data. Not anymore, with Anility, you can order your asessments directly from within the software platforms you already use and receive them in real-time
Designed for industry procurement leaders
Anility arms time poor procurement professionals from government, councils, construction, mining and more with the tools they need to investigate the financial risk of their vendors and suppliers quickly and effectively. All of our reports have been designed in a way that can be understood by the layman, this allows procurement teams to order, review and then act on the results of a financial assessment without the risk of misinterpreting the information, saving your business both time and money.
Compare the solutions
Real-time reports.
All of our reports and assessments are delivered in real-time. Unlike credit bureaus, Anility does not make you wait 7+ days for results. This increases your speed to procurement and reduces the chances of project delays.
Software you know.
Third party risk management is an essential service. With Anility, all of your third-party financial risk management needs can be satisfied directly from within the systems you already use.
Superior data.
Anility captures financial data in real-time by integrating with leading accounting softwares. When integrations aren't available, Anility can manually ingest recent financial reports to ensure that no financial data is more than 3 months old.
Streamline your third-party risk assessments today.
Invite vendors
Prior to ordering your first report, the vendors in your database are invited to Anility to share their financial information with us
Order the report
Through the platforms you already use, you can order one of our third-party risk management products
Instant results
Assessments are delivered back to you instantly directly within the software platforms you already use
FAQs
By proving a trial balance as the source, the model creates the Profit & Loss and Balance Sheet with in built erroring checking. This is to ensure the correct split of assets, liabilities, revenue, expenses and the profit from the P&L is matched with the retained profit as per the Balance Sheet. Also, the cash flow statement is used to reconcile the profit position back to the stated cash & cash equivalents as per the source data from the trial balance. Key metrics are then compared against industry benchmarks and further classified by turnover range to ensure that there are no extreme outliers which may indicate manipulation. If manipulation is detected, the vendor will be requested to provide additional supporting information before the data is accepted. A similar process is used for data ingestion via accounting software such as Xero or MYOB.
Whilst we do have a dedicated team of financial experts working within Anility, all of our assessments are generated automatically in real-time. We have automated the job of a human financial analyst
The financial information collected is updated either monthly or quarterly depending on how the vendors chooses to share their data with Anility
When a vendor is invited to Anility, they have the option of sharing their information with us in one of two ways: Accounting Integration or PDF
Instantly. At heart, we are a technology company which means everything we do is automated
We partner with complimentary SaaS applications from the procurement space. If you use one of these platforms, you can order a report from us directly from within these systems
Like to know more?
Get in touch today to see how Anility can help.