Viewing Supplier Risk and Compliance Management tagged with 'PRO'

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Enlighta: Vendor Analysis — Solution overview, Enlighta competitors, roadmap, tech selection tips, analyst insights - [PRO Content]
April 5, 2021 | Andrew Karpie and Nick Heinzmann
This Spend Matters PRO Vendor Analysis provides an overview of Enlighta and its solution for supplier governance/risk management, contract management and service execution management. While there are solutions that address some of these processes, Enlighta’s focus is on complex services suppliers — including, but by no means limited to, IT outsourcing, BPO, telecom and facilities…
PaymentWorks: Vendor Analysis — Solution Overview for Supplier Information Management and Fraud Prevention, Roadmap, Customer Feedback, PaymentWorks Competitors, Analyst Insights - [PRO Content]
April 1, 2021 | Nick Heinzmann
This Spend Matters PRO Vendor Analysis provides an overview of PaymentWorks and its solution for supplier information management and fraud prevention. The largest source of cyber-crime in the US is, unfortunately, directly connected to proper procurement processes. According to the FBI, half of cyber-crime targets B2B payments, often via business email compromise (BEC), where fraudulent…
Robobai: Vendor Analysis (Part 2) — Product deep dive, SWOT, Robobai competitors, analyst summary - [PRO Content]
March 17, 2021 | Michael Lamoureux
Spend Matters’ two-part PRO Vendor Analysis will shed light on Robobai’s capabilities and competitors. Part 2 will provide a deep dive on solution features, a company SWOT and an analyst summary. It’s not easy to KYS, or know your supplier. It’s more than a conversation, a historical transaction analysis, a few questionnaires or D&B financial…
Robobai: Vendor Analysis (Part 1) — Solution overview, strengths/weaknesses, tech selection tips - [PRO Content]
March 16, 2021 | Michael Lamoureux
Robobai, a relatively new entrant to the source-to-contract arena, realized the best way to do supplier risk, or know-your-supplier (KYS), is to build an analytics-backed supplier management platform that could track and analyze spend, performance, commitments (contracts) and risk. So the Australian firm built an analytics-backed KYS platform that could also support the creation and…
Prewave: Vendor Analysis — Solution & Platform Overview, Vision & Roadmap, Market Analysis and Analyst Assessment - [PRO Content]
January 12, 2021 | Pierre Mitchell
This Spend Matters PRO Vendor Analysis provides an overview of the supply intelligence provider Prewave, its solution, technology, value proposition and position in the marketplace. The COVID-19 pandemic has clearly highlighted the danger of losing visibility of upstream supply conditions. Many critical suppliers have been threatened by severe demand reductions and internal operational challenges (including…
Making Sense of Supply Risk Management Solutions (Part 3) — A Look at 8 Supplier Management Providers - [PRO Content]
July 9, 2020 | Pierre Mitchell
“Supplier management,” often called “supplier lifecycle management,” is an area that procurement practitioners struggle with because of its complexity (as is the intersecting area of supply risk management that we’re covering in this series). Supplier management generally breaks out into two main areas: Extracting value from supplier relationships. This includes supplier performance management (SPM), supplier…
Making Sense of the Supply Risk Management Solution Landscape (Part 2) — Comparing 4 Supply Chain Risk Management Vendors - [PRO Content]
July 8, 2020 | Pierre Mitchell
In Spend Matters’ previous installment of this PRO series, we highlighted the fact that just as there is not a single type of enterprise risk, there is not a single, defined market for procurement and supply chain risk solutions that address these risk elements. We segmented the supply risk market into eight areas that integrated…
Making Sense of the Supply Risk Management Solution Landscape (Part 1) - [PRO Content]
July 6, 2020 | Pierre Mitchell
Enterprise risk has never been higher. The COVID-19 crisis has been an accelerant to other enterprise risks, such as cyberthreats, employee health and safety, and most certainly, supply risks affecting suppliers in complex value chains. For procurement and supply professionals, managing this risk is challenging because they might not necessarily get credit for reducing supply…
CORONAVIRUS RESPONSE: Fraud, P2P and Vendor Management Safeguards — Protecting cash and rapidly vetting suppliers in a crisis - [PRO Content]
March 31, 2020 | Nick Heinzmann
In this installment of our “Coronavirus Response” series, Spend Matters will explore fraud, P2P and vendor management safeguards. With the COVID-19 crisis creating new fires for procurement to put out and critical supply risks arising to address, fraud is an unfortunate reality that businesses need to remain on guard against — especially in times where bad…
The 5 Building Blocks of Supplier Management Capabilities - [PRO Content]
December 20, 2019 | Magnus Bergfors and Pierre Mitchell
As an analyst you want to define things, classify them and put them in buckets to be able to analyze and compare them. Often that works fairly well, and we can rate vendors and solutions against each other to find the best fit in any given situation. But in some areas this is more difficult,…
Transforming from Contract Management to Commercial Value Management (Part 1): Setting the Table for Digital Transformation (especially for procurement) - [PRO Content]
December 11, 2019 | Pierre Mitchell and Nick Heinzmann
Are you looking to find that perfect business area for digital transformation this holiday season? Well, look no further than contract management. We know what you’re thinking: Improve the efficiency of processing legal documents? That doesn’t sound very festive, or even high impact! However, contract lifecycle management (CLM) itself is being transformed toward a more…
The CPO’s Conundrum (Part 4): Economic Instability - [PRO Content]
August 29, 2019 | Nick Heinzmann
In the first three installments of this Spend Matters PRO series (see Part 1A, Part 1B), we noted that a number of pressing issues are shaping procurement from the outside in, yet chief procurement officers (CPOs) are still primarily concerned with issues set by an inside-out agenda — that is, cost-cutting and supply assurance targets mandated by…

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Incremental to exponential: 5 overlooked benefits of procurement automation : Michael Shaw said : Good summary. Great points, Alan....

Modernizing the healthcare supply chain in the coronavirus era : Jam Saeed Ahmed said : yes, investments in advanced manufacturing capabilities make it easier to build products in the Unit...

'Sell me this procure-to-pay solution' : Thierry Jaffry said : I truly agree with Mark's analysis. And I would add a couple of things from the SI point of view: mo...

What Really Drives Valuation For Technology Companies These Days? : Pranav Trivedi said : Interesting read indeed !...

'Sell me this procure-to-pay solution' : Jason Busch said : To be revisited! I've been involved in far too boring stuff of late, but I too look forward to the r...