HICX Solutions is one of our 50 Providers to Watch. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.
Since this British company was founded in 2004, it has expanded into a relatively global presence, with offices in London, Chicago and Dubai. It is by no means a large firm but is active in most verticals, with clients that are at the top of the list in their respective industries – whether in pharmaceuticals, manufacturing, financials or in consulting services, to mention a few.
The company addresses complex supplier relationship management – aka supply base management – a beast with many faces and names: supplier onboarding, supplier master data management, supplier management, supplier risk management, supplier performance management and scorecarding, and in general, supplier compliance conforming to whatever initiative with which a company is concerned, with the integration, templates, processes and workflows to support the rollout.
HICX cut its teeth on perhaps the hardest part of supplier information management – master data management – by developing the technology and services required to stitch together a golden master data set across numerous disparate ERP and other systems containing supplier information.
The company is known for tackling the most complex, complicated and also high dollar ticket projects in this area and is definitely a firm to consider if you find that other providers aren’t capable of delivering exactly to your needs in the areas of supplier data gathering, management and collaboration.
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