Transparency Act
Managing Transparency Act obligations is difficult when supplier data is scattered. Import stakeholders, send questionnaires, and auto‑score responses in one place. Gain a clear risk picture and a structured workflow for follow‑ups and audits.
Designed for how you work
Centralized stakeholder view
Import suppliers and other relevant stakeholders into a single, structured register instead of maintaining multiple spreadsheets and lists. Maintain key vendor details, ownership, and history in one place so legal, compliance, and procurement teams always work from the same up‑to‑date information.
Configurable questionnaires
Design and maintain questionnaires tailored to your Transparency Act obligations, with questions grouped by topic and stakeholder type. Use reusable templates and versions so you can easily update wording, add new questions, or adapt requirements without rebuilding your process from scratch. Plan and schedule audits based on vendor scores and status. Document meetings, decisions, and mitigation measures on each vendor record, giving you a clear audit trail that shows how findings were handled and how you manage Transparency Act risk over time.
Weighted risk scoring
Define weights for each question or section and let the solution calculate a total vendor score automatically based on the answers. Statuses such as low, medium, or high risk are assigned consistently across the vendor base, giving you a comparable view of where to focus follow‑up and audits.
Workflow and reminders
Use the built‑in workflow to send out questionnaires, track who has responded, and trigger reminders when deadlines are approaching or missed. Follow‑up tasks can be assigned and escalated, ensuring that vendors complete the process and nothing falls through the cracks.
Audit‑ready follow‑up
Plan and schedule audits based on vendor scores and status. Document meetings, decisions, and mitigation measures directly on each vendor record, giving you a clear audit trail that shows how findings were handled and how Transparency Act risk is managed over time.
Feature overview
Import suppliers and other stakeholders into a single register
Keep key supplier details, ownership and contact details
Build and maintain configurable questionnaires for different stakeholder types
Apply weighted scoring to questions and sections based on your risk model
Automatically calculate total vendor scores from questionnaire answers
Set and update vendor status based on calculated risk levels
Trigger workflows to send questionnaires to selected vendors
Track completion status and response progress in real time
Send automated reminders to vendors and internal owners
Schedule audits based on vendor score, category, or status
Log audit results, follow‑up actions, and mitigation measures
Filter and segment vendors by risk, geography, or category
Export vendor and questionnaire data for reporting and documentation
Provide legal and compliance teams with a shared, up‑to‑date overview
Store historical responses to show development over time
Support recurring assessment cycles with reusable templates and schedules
See how Hypergene can support your organization
Hypergene gives you the tools to manage planning, follow‑up and analysis with clarity and confidence. See how in a demo.
