Protect your company’s reputation and revenue from the first time you engage with a supplier and throughout the supplier lifecycle.
Gartner lists sustainability as one of seven supplier risks to manage.
Read their Market Guide To Supplier Risk Management.
Monitor supplier compliance against regulatory requirements and your company’s specific priorities.
Whether you focus on carbon targets, labor standards, supplier diversity or other goals, include them with your risk monitoring and reporting.
ESG/CSR priorities are specific to your business. Choose a supplier sustainability solution that’s configured to your standard, with compliance as a baseline.
Monitor compliance against regulations. Maintain a record of monitoring.
Monitor compliance with your company's own goals. Create action plans to close gaps.
Align each supplier to industry and geography-specific regulations.
Combine data sources including OSHA, NLRB, WOW, news monitoring and more.
Collect sustainability information through questionnaires. Enrich it with trusted data feeds, news monitoring and web scraping. Identify shortcomings as they emerge.
Work efficiently to close regulatory gaps and build a roadmap to your corporate goals. Present sustainability information alongside other business-critical supplier risk data.
The AI Risk Resolution Engine identifies sustainability risks against regulations and your own goals. It automatically creates action plans and engages stakeholders.
Embed your existing data sources alongside other supplier risks. You'll get a clearer picture of risk without disrupting your experts' processes.
Complying with ever-evolving sustainability regulations and maintaining a resilient, cost-effective supply chain can be resource-intensive for organizations.
A ProcureCon EU survey of 100 global procurement leaders found that the biggest roadblock to achieving their sustainability initiatives is staying informed with the latest ESG requirements. The impact on their operations was the second challenge.
Even with a third-party provider, companies exhaust resources to gather and report information on their suppliers' sustainability practices like waste management, human rights, diversity policies and other data needed to comply with regulations.
Companies will be liable for fines equal to 5% of their revenue for non-compliance with the Corporate Sustainability Due Diligence Directive, 2% for the German Supply Chain Act, while California's SB 253 fines companies $500K if failing to comply.
Eliminate supplier friction and dramatically accelerate time to value by fully automating the identification and triage of suppliers based on known or inherent risks.
Our robust data, built-in best practices, automated alerts, and configurable workflows allow businesses to generate region-specific risk assessments for easier and faster supplier due diligence.
Our method provides companies with the fastest turnaround for verified supplier scorecards on the market. Giving companies timely visibility to mitigate potential risks, ensure regulatory compliance and create a more sustainable, resilient supply chain.
Our database of supplier information and ESG attributes from over 100 million records and 1,000 external data sources including global government agencies and regulatory entities.
Additional supplier data is gathered through AI, web crawling, news monitoring, published reports and authoritative third-parties. An expert reviews the harvested data to ensure accuracy.
Our scoring model allows for supplier collaboration through configurable online questionnaires where suppliers can review, update, and supplement pre-populated data.
apexanalytix protects $9T spend annually for the world's largest companies.
We might already work with your finance team. Speak with us to learn more.
Gain a unified view of all 7 key supplier risk factors identified by Gartner.
Then, add the industry-specific risks that threaten your business.