Your System of Action

Protecting industrial operations from

Third-Party Risks

Get a bird's-eye view of your entire supply chain. Parakeet monitors all vendors 24/7 so you never miss a threat.

Stop Reacting. Start Preventing Risks.

See how we can help you

What we offer

How do we bring safety

to the industrial world full of risks?

Parakeet Risk is like the immune system for industrial companies. It automatically identifies and neutralizes risks before they escalate into full-blown problems.

Continuous Third-Party Risk Monitoring

Automate contractor and supplier risk tracking across your entire supply chain. Stop drowning in paperwork— start managing risk!

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Cut your risk exposure

Spot your biggest risks before they hit. Use targeted strategies to protect operations, vendors, and finances. Follow deep-dive risk assessments tailored to industrial environments and scenario modeling to see exactly where you're exposed.

Fast-track vendor screening

Streamline prequalification for every contractor and subcontractor. Accelerate the slow stuff—insurance, OSHA checks, and background screens—so you can approve partners faster.

AI that augments your risk team's expertise

Parakeet doesn't replace your compliance team—it gets the workload burden off them, freeing up strategic capacity so they can focus on preventing risks, not just tracking data.

Your compliance team maintains full control while Parakeet automates vendor data collection and compliance tracking.

Complete visibility across your third-party network

Parakeet's keen eye continuously monitors contractor and supplier risks—tracking financial health or insurance coverage so you see problems early and can act before they impact operations.

Always audit-ready risk reporting

Generate one-click insights showing supply chain exposure, risk trends and mitigation actions—ready for any upcoming audit or board meeting. No more juggling multiple systems to pull risk data into a cohesive report.

Who do we help?

The Risks You Face

From Non-Compliant Contractors to Supply Chain Disruptions

Parakeet is your guide that helps manufacturing, logistics, and construction companies catch these risks early—before they damage your operations or your bottom line.

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Average cost: $260K per incident

Operational Disruption Risk

Equipment failure, supply chain interruptions, workforce challenges, and unforeseen downtime cost you real money and threaten production continuity.

Hidden exposure often exceeds 30% of revenue

Vendor & Supplier Risk

That's how hidden risks live in your third-party network. Supplier bankruptcies, quality failures, and contract gaps can crater your margins overnight—if you're not watching risks closely.

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Average cost: $260K per incident

Compliance & Regulatory Risk

New safety standards, stricter environmental rules, updated certifications—the bar keeps rising. Each compliance gap carries penalties that can damage your reputation.

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Total incident costs run 4-6x direct expenses

Safety & Liability Risk

Workplace injuries, equipment failures, and product liability claims don't stop at medical bills—they trigger shutdowns and lawsuits.

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Losing 12-18% of your margins to market risk

Financial & Market Exposure

Commodity prices spike. Currencies fluctuate. Contract terms shift. Uncertain capital decisions don't have to destroy your profits if you see them coming.

Hidden exposure - 30% of revenue

Vendor & Supplier Risk

That's how hidden risks live in your third-party network. Supplier bankruptcies, quality failures, and contract gaps can crater your margins overnight—if you're not watching risks closely.

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Recovery timelines: 18-36 months

Strategic & Reputational Risk

Strategic success means adapting as markets shift, managing customer concentration before it becomes a weakness and staying ahead of technology transitions.

Non-compliance fines up to $2.5M+

Compliance & Regulatory Risk

New safety standards, stricter environmental rules, updated certifications—the bar keeps rising. Each compliance gap carries penalties that can damage your reputation.

Losing 12-18% of your margins to market risk

Financial & Market Exposure

Commodity prices spike. Currencies fluctuate. Contract terms shift. Uncertain capital decisions don't have to destroy your profits if you see them coming.

Total incident costs run 4-6x direct expenses

Safety & Liability Risk

Workplace injuries, equipment failures, and product liability claims don't stop at medical bills—they trigger shutdowns and lawsuits.

Recovery timelines: 18-36 months

Strategic & Reputational Risk

Strategic success means adapting as markets shift, managing customer concentration before it becomes a weakness, staying ahead of technology transitions, and protecting the brand equity you've built.

How can we help you mitigate risks

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Integrations

Merge Parakeet with your top strategic tools

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FAQ

Your Questions on Risk, Answered

Not sure how to start managing your third-party risks?

We are eager to help! Don't hesitate to leave a message.

What is Parakeet Risk?

Parakeet is a continuous monitoring platform built for industrial companies to manage third-party risk across their contractors, subcontractors, suppliers, and vendors.

What problems do we solve?

Who we help?

How can you get started?

What is Parakeet Risk?

Parakeet is a continuous monitoring platform built for industrial companies to manage third-party risk across their contractors, subcontractors, suppliers, and vendors.

What problems do we solve?

Who we help?

How can you get started?

What is Parakeet Risk?

Parakeet is a continuous monitoring platform built for industrial companies to manage third-party risk across their contractors, subcontractors, suppliers, and vendors.

What problems do we solve?

Who we help?

How can you get started?

White papers

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White papers

Integrations

Contact

White papers

Integrations

Contact