Crossword Cybersecurity PLC (LON:CCS) said Spotlight Sports Group halved the time it spends on supplier management and cut the costs of maintaining its ISO 27001 Information Security Management certification since installing the Rizikon Pro risk assessment platform.
Spotlight Sports, the owner of the Racing Post, needs to ensure it and its more than forty suppliers meet the governance, regulatory and compliance requirements said Crossword, and it wanted to automate the supplier management and onboarding processes.
Sean Arrowsmith, group sales director at Crossword, said: “Most companies would be horrified if they calculated the amount of time and risks involved in running poorly implemented supplier management and compliance processes.
"Spotlight Sports Group implementation of Rizikon Pro, which we launched last year aimed specifically at supporting SME organisations, demonstrates what can be quickly and easily achieved
Victor Mihăilescu, head of security at Spotlight said: "A lot of our team's time and energy was being taken up by the existing processes - we wanted that time back so staff could focus on higher-value tasks.”
He added that a new supplier can now be added to the Rizikon Pro platform in under five minutes, sending out questionnaires for supplier completion via a Spotlight Sports Group branded, encrypted secure portal.