Avetta One: Vendor Analysis 2022 Update — Solution overview, roadmap, competitors, tech selection tips, analyst summary

In this Spend Matters PRO Vendor Analysis Update, we provide an update on Avetta. The company specializes in providing supply chain due diligence strategies, connected to strong multidisciplinary risk-based evaluation programs giving insight relative to the risk levels within the supply chain (SCRM).

Avetta recently launched its new platform, Avetta One, that gives insight and assurance around the wide range of risks that can be imported into a business when engaging with third parties via, for example, health and safety, sustainability and environmental and fiscal risk by verifying the management programs used by the suppliers. Avetta provides a high degree of assurance, ensuring compliance with legislation, best practices and client-specific needs.

This Vendor Analysis Update provides an overview of Avetta One, looks at the competitive landscape, provides selection tips and closes with an analyst summary.

Here’s why Avetta One matters:

• To the market — Avetta offers a mix of technology and services that cover critical areas like health & safety and worker management with best-in-class capabilities. Its approach to ESG is built on existing and recognized frameworks that enable comparability and transparency vs. other “black box” scoring methodologies.
• To customers — Avetta’s customers benefit from a holistic solution to efficiently and effectively manage risk and ESG as the company’s offering brings frameworks, structures, together with network- and human-based capabilities in “one package.”
• To potential buyers — Risks and ESG requirements cannot be ignored, and it is critical to have an exhaustive approach to these areas. Avetta provides a solution and services that enable a straightforward and efficient implementation to get started or enhance a SCRM program.

This Spend Matters PRO Vendor Analysis gives an overview of the vendor’s capabilities, its competitors, provides tech selection tips and closes with key analyst takeaways.