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Description
Relying on outdated methods to handle vendor relationships can be labor-intensive and prone to errors, lacking in standardization and dependability. The Know Your Vendor™ solution offers our clients a comprehensive overview that helps reduce supply chain vulnerabilities by streamlining the due diligence process for third-party assessments. This thorough examination is essential for maintaining integrity within the supply chain and is crucial before making significant business choices, such as in corporate mergers and acquisitions or forming partnerships. Conducting due diligence involves an extensive background investigation of a potential partner, which may include evaluating the company, its leadership, or individual stakeholders, ensuring informed decision-making. By utilizing our solution, businesses can enhance their operational efficiency and strengthen their vendor relationships.
Description
Using SAP Ariba Supplier Risk enables buyers to enhance their decision-making process by seamlessly incorporating risk assessments into the procurement workflow, thereby promoting smarter and safer purchasing choices. This proactive approach ensures that well-informed buyers are less likely to encounter supply chain disruptions, ultimately safeguarding revenue and protecting brand reputation. Furthermore, it instills a strong sense of assurance regarding the accuracy and currency of supplier information. The solution, recognized as a leader in the market, allows businesses to customize their risk alerts and views based on specific supplier relationships and individual roles within the organization. Additionally, you can categorize suppliers according to the level of risk they present. By having a comprehensive understanding of each supplier, businesses can make quicker, more relevant, and precise decisions while fostering better collaboration with their trading partners. Moreover, the integration with SAP ERP, SAP Ariba Procurement, and Ariba Network provides valuable data insights into your supply chain, allowing for an even deeper understanding of your supply base. Embracing this level of insight can significantly enhance operational efficiency and strategic planning.
API Access
Has API
API Access
Has API
Integrations
SAP Ariba
SAP ERP
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Know Your Vendor Solution
Founded
2017
Country
Indonesia
Website
knowyourvendor.net
Vendor Details
Company Name
SAP Ariba
Founded
1996
Country
United States
Website
www.ariba.com/solutions/solutions-overview/supplier-management/supplier-risk