Commercial data firm Dun & Bradstreet announced the availability of D&B Compass, its new third-party risk management solution powered by artificial intelligence that allows for due diligence and monitoring of all levels of customer, supplier, and third-party relationships.

A 2018 Dun & Bradstreet survey of procurement and compliance professionals revealed customer/vendor due diligence and ongoing supplier/vendor monitoring were among their top concerns, yet many companies have struggled to implement automation in their third-party risk programs to help combat these issues.

D&B Compass is designed to provide a seamless onboarding experience by working across data system structures to create aggregated views of third-party entities. The solution is currently available in North America, the United Kingdom, and Ireland.