55% of organizations feel that suppliers’ insolvency is one of the leading financial risks originating from the supply chain

• Track the financial health of suppliers
• Receive a Financial Stability Risk Score on suppliers
• Track liens, judgements and supplier bankruptcies
• Access credit reports of suppliers and add them to watchlist

Mitigate Sustainability and ESG Risks

Despite the global push to embed environmental, social and governance measures into business strategy 64% of organizations lack a proper sustainability program

• Conduct ESG diligence check across all supplier tiers
• Qualify suppliers through auto scored ESG evaluations
• Leverage detailed analytics to target areas of concern
• Track your suppliers ESG performance over time

Drive Stakeholder Value Through Diversity

Depending on annual sales numbers, previous studies have put the ROI of a supplier diversity program as high as 133%

• Locate and appoint suppliers committed to diversity
• Accurately track supplier diversity information
• Aggregate supplier prequalification data to generate analytics reports
• Leverage 25 pre-built diversity filters at supplier prequalification stage

Build Supply Chain Cyber-resilience

Data security in the supply chain is a major concern for more than 45% of cybersecurity planners

• Drive cybersecurity audits through trusted partners

• Schedule cyber assessments at customized intervals

• Train your suppliers to use sensitive information

• Protect supply chain data with state-of-the-art encryption technologies
  Only 27% of leaders believe that they have the talent needed to meet current supply chain performance requirements

• Deploy induction and training programs online

• Set customized qualification and training requirements

• Share worker information across sites

• Create badges for on-site reinforcement

Mitigate General Liability Risks