Automating Financial Viability Risk Assessments (FVRA)

The RiskTrace FVRA Tool automates time-consuming Economic & Financial Standing assessments for Government Departments, Suppliers and Enterprise Corporations.

The EFS-compliant platform specifically designed for Public Sector Procurement reduces risk protecting supply chains and funds.

Automating EFS checks for procurement teams & suppliers

Reduce the huge costs completing mandatory financial stability assessments, such as the FVRA template tool, to bring confidence into the procurement process.

Why use RiskTrace

  • Automated Invitations

    Procurement teams and suppliers have one place to manage all communication around tenders & contracts.


  • Data Automation

    RiskTrace instantly captures & stores suppliers financial statements and compares them with procurement contract ratios to determine suitability up-front.

  • Automated Risk Assessment

    RiskTrace automatically completes an FVRA for all bidders in a contract, saving suppliers countless hours and ensuring compliance for procurement teams.

  • Project Management

    RiskTrace provides one place for procurement teams and suppliers to manage the risk assessments for all of their projects & monitor their performance over time.

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Data Automation

Manually entering data is inefficient

Now you can get instant access to the latest corporate figures, so you can automate tender applications & ongoing financial health monitoring.

Automated Assessment

Manually calculating EFSAs is complex

It doesn’t have to be - RiskTrace automates fast and accurate EFSAs & FVRAs for every single contract, bidder and supplier in a single platform.

Join us to create the future of automated risk management, together.

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RiskTrace is where procurement managers & suppliers manage risk assessments, bids & contracts.

Simple and easy-to-use, RiskTrace’s software helps ensure transparency and risk management around government contracts.