Create New Company form

  • Release version: Washingtondc
  • Updated October 5, 2024
  • 3 minutes to read

    • On the Create New Company form, fill in the fields for the legal entity.

    Table 1. Create New Company form
    Field Description
    Name Unique name of the company.
    Website Website details of the company.
    DUNS Number Unique identification number for the company that is generated by the application. Data Universal Numbering System number, is a unique nine-digit number that identifies a business.
    Rank tier Rank tier for the company. Available options are:
    • Strategic Partner
    • Valued Partner
    • Tactical Supplier
    • Excluded Supplier
    • Other
    Third-party tier Tier assigned for the company. Available options are:
    • 1 - Very High
    • 2 - High
    • 3 - Moderate
    • 4 - Low
    • 5 - Very Low
    Vendor manager Vendor manager of the company.
    Business owner List of business owners for the company.
    Parent Parent organization that determines the corporate hierarchy.
    Status Current standing of the company. Available options are:
    • Not Selected
    • Selected
    • Onboarding
    • Prospect
    • Active
    • Active unauthorized
    • Terminated
    • Onboarding rejected
    Risk rating Rating assigned to the company based on risk evaluation. This field is auto-filled.
    Total annual spend Total amount that the company spends annually. This field is auto-filled.
    Notes Further remarks or comments regarding the company.
    General
    Industry Sector or industry classification for the company. Available options are:
    • Agriculture
    • Apparel
    • Banking
    • Biotechnology
    • Chemicals
    • Communications
    • Construction
    • Consulting
    • Education
    • Electronics
    • Energy
    • Engineering
    • Entertainment
    • Environmental
    • Finance
    • Food & Beverage
    • Government
    • Healthcare
    • Hospitality
    • Insurance
    • Machinery
    • Manufacturing
    • Media
    • Not For Profit
    • Recreation
    Vendor Choice to identify the company as a vendor. By default, this option is set to False (checkbox is not selected) for companies and legal entities.
    Manufacturer Manufacturers who produce the items that users procure.
    Number of employees Number of employees that the company has.
    Banner image Banner image for the company with a height between 60 and 70 pixels.
    Attach image Option to attach the banner image.
    Banner text Banner text that is displayed with the banner image.
    Location
    Street, City, State/Province, ZIP/Postal code, Country, Phone, Fax phone Standard contact information for the company.
    Latitude and Longitude Values that are used to mark the location of the company on the Risk concentration map.
    Financial
    Publicly traded Option to mark if the company is publicly traded.
    Stock symbol Stock symbol of the company.
    Stock price Stock price of the company.
    Revenue per year Revenue per year for the company.
    Market cap Market cap for the company.
    Profits Profits for the company.
    Fiscal year Fiscal year for the company in YYYY-MM-DD format.
    Risk ratings
    Computed risk rating

    Calculated risk rating. This field is auto-filled.

    The value is overall risk rating for the company, calculated after the assessment by rolling up all of the TPR assessors' risk ratings.
    Override risk rating

    Option to override the computed risk rating.

    If you select the check box, then specify the following values:
    • Overridden risk rating: Select the new risk rating.
    • Overridden on: Date that overridden risk rating or justification is updated.
    • Justification: Enter the reason for overriding the value.
    Overridden risk rating Rating that has been manually changed by a user, overriding the rating that was calculated by a system. Available options are:
    • 1 - Very High
    • 2 - High
    • 3 - Moderate
    • 4 - Low
    • 5 - Very Low
    Overridden on Date when the overridden risk rating or its justification was last updated.
    Justification Reason for overriding the risk rating.
    Assessment risk rating Risk level for the assessment. This field is auto-filled.
    Engagement risk rating Risk level for the engagement. This field is auto-filled.
    Subsidiary risk rating Risk level for the subsidiary. This field is auto-filled.
    Risk intelligence rating Score that reflects the probability and impact of a risk event. This field is auto-filled.