Focal Point Data Risk

Focal Point Named Recipient of Both the 2023 Top Tech Startup and Top Software & Tech Awards by Food Logistics, Supply & Demand Chain Executive

Retrieved on: 
Wednesday, December 6, 2023

ATLANTA, Dec. 6, 2023 /PRNewswire-PRWeb/ -- Focal Point, provider of an end-to-end enterprise procurement management platform, today announced it received two industry awards from Food Logistics, the only publication exclusively covering the movement of product through the global cold food supply chain, and Supply & Demand Chain Executive, the only publication covering the entire global supply chain.

Key Points: 
  • For the second consecutive year, Focal Point received the 2023 Top Tech Startup award, which spotlights top software and technology startups in the supply chain and logistics space.
  • Additionally, Focal Point received the 2023 Top Software & Tech award, which spotlights the top software and technology solutions in the supply chain space, for the Procurement/ERP category.
  • My team lacked the proper tools to effectively execute unified spend management," said Anders Lillevik , founder and CEO of Focal Point.
  • "From robotics and warehouse automation to procurement and ERP software, WMS, TMS and supply chain visibility solutions, the supply chain software and technology sector continues to boom.

Focal Point Founder and CEO Joins Sourcing Industry Group's Advisory Board

Retrieved on: 
Monday, April 17, 2023

ATLANTA, April 17, 2023 /PRNewswire-PRWeb/ -- Focal Point, provider of an end-to-end enterprise procurement management platform, today announced founder and CEO Anders Lillevik's addition to the Sourcing Industry Group (SIG) Advisory Board. SIG is the premier global association for sourcing, procurement and risk professionals.

Key Points: 
  • ATLANTA, April 17, 2023 /PRNewswire-PRWeb/ -- Focal Point , provider of an end-to-end enterprise procurement management platform, today announced founder and CEO Anders Lillevik's addition to the Sourcing Industry Group (SIG) Advisory Board.
  • SIG is the premier global association for sourcing, procurement and risk professionals.
  • The SIG Advisory Board is composed of sourcing, procurement and outsourcing thought leaders from some of the most innovative and globally-recognized companies in the world.
  • His innovative approach to procurement orchestration has transformed the way Focal Point's customers are approaching their procurement management.

Concentric AI Achieved 200-percent Growth in 2022 as Demand for its Leading Data Security Posture Management Solution Accelerated Worldwide

Retrieved on: 
Wednesday, February 15, 2023

“Data Security Posture Management solutions like Concentric Semantic Intelligence™ are emerging as a proven approaches to help protect mission critical enterprise data across structured and unstructured data, as well as email and messaging applications.

Key Points: 
  • “Data Security Posture Management solutions like Concentric Semantic Intelligence™ are emerging as a proven approaches to help protect mission critical enterprise data across structured and unstructured data, as well as email and messaging applications.
  • Within Gartner’s “Hype Cycle for Data Security, 2022”, Concentric AI was specifically recognized as a vendor in the emerging Data Security Posture Management space, in addition to the Data Access Governance and Data Discovery and Management categories.
  • This industry-first anonymous data security policy marketplace simplifies and improves organizations’ data security and access governance efforts by sharing the expertise and experience of other Concentric AI customers for effective data security management.
  • For example, within financial services where sensitive data is prominent, Concentric AI worked with one of the largest U.S. credit unions to deploy its data classification and data security posture management program.

Focal Point Named 2022 Top Tech Startup by Food Logistics, Supply & Demand Chain Executive

Retrieved on: 
Thursday, December 15, 2022

ATLANTA, Dec. 15, 2022 /PRNewswire-PRWeb/ -- Food Logistics and Supply & Demand Chain Executive selected Focal Point, provider of an end-to-end enterprise procurement management platform, as one of this year's Top Tech Startups. The new award spotlights top software and technology startups in the supply chain and logistics space that have launched within the last five years and have introduced a viable product.

Key Points: 
  • ATLANTA, Dec. 15, 2022 /PRNewswire-PRWeb/ -- Food Logistics and Supply & Demand Chain Executive selected Focal Point , provider of an end-to-end enterprise procurement management platform, as one of this year's Top Tech Startups.
  • They're introducing new innovations, improving user experiences and striving for that safer, smarter, more efficient supply chain," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.
  • Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more.
  • Supply & Demand Chain Executive and sister publication Food Logistics are also home to L.I.N.K.

Global Data Risk (GDR) Acquires Highly Specialized Risk Consultancy, Sanctions Strategy, Inc. (SSI) To Further Enhance Its Sanctions Management and Resolution Capabilities

Retrieved on: 
Wednesday, November 30, 2022

The team brings their breadth of combined expertise to corporations, high net worth individuals, government-regulated entities and financial institutions around the world.

Key Points: 
  • The team brings their breadth of combined expertise to corporations, high net worth individuals, government-regulated entities and financial institutions around the world.
  • Our work often provides sensitive entities with the guidance needed to mitigate the risk of sanctions before it is too late.
  • On the future growth of Global Data Risk, Laykin added: Organic growth is important to the firm as the nature of the work is highly specialized.
  • GDR specializes in the evaluation, protection and management of risk faced by organizations that rely on data, the life blood of the modern economy.

Focal Point Named to the Spend Matters' "Future 5" List

Retrieved on: 
Monday, October 17, 2022

ATLANTA, Oct. 17, 2022 /PRNewswire-PRWeb/ -- Focal Point, provider of an end-to-end enterprise procurement management platform, today announced it has been included in Spend Matters' Future 5 list. The list recognizes procurement tech solution companies that are less than five years old and maintain clear momentum and a demonstrated path of sustainability.

Key Points: 
  • ATLANTA, Oct. 17, 2022 /PRNewswire-PRWeb/ -- Focal Point , provider of an end-to-end enterprise procurement management platform, today announced it has been included in Spend Matters' Future 5 list.
  • The list recognizes procurement tech solution companies that are less than five years old and maintain clear momentum and a demonstrated path of sustainability.
  • Focal Point's recognition on the Future 5 list validates its ability to provide innovative procurement solutions in an extremely competitive landscape.
  • "Focal Point's configurable platform is designed to bring full visibility to the procurement process and enable businesses to address reporting and savings inefficiencies," said Anders Lillevik, CEO and Founder of Focal Point.

Focal Point Partners with Wonder Services to Accelerate Adoption of its Procurement Orchestration Platform

Retrieved on: 
Wednesday, September 21, 2022

ATLANTA, Sept. 21, 2022 /PRNewswire-PRWeb/ -- Focal Point, provider of an end-to-end enterprise procurement management platform, today announced its partnership with Wonder Services, an expert in digital transformation and change management. Together, the partners will empower Chief Procurement Officers and other industry professionals to accelerate their digital transformation journey and rapidly evolve from outdated manual procurement processes.

Key Points: 
  • ATLANTA, Sept. 21, 2022 /PRNewswire-PRWeb/ -- Focal Point , provider of an end-to-end enterprise procurement management platform, today announced its partnership with Wonder Services , an expert in digital transformation and change management.
  • Wonder Services will leverage Focal Point's highly configurable platform that brings a unified view to the procurement function, allowing real-time visibility, reporting, efficiency and savings to every part of the process.
  • "Just like our partners at Focal Point, the Wonder Services team came from procurement, so we know firsthand how daunting digital transformations can be and how often they fail," said Wonder Services founder Amanda Prochaska.
  • With a Wonder Services and Focal Point partnership, companies can achieve digital transformation success and even exceed expectations while driving lasting results."

Focal Point Raises $3 Million in Funding Round to Transform Procurement Orchestration for Enterprise Customers

Retrieved on: 
Thursday, June 30, 2022

ATLANTA, June 30, 2022 /PRNewswire-PRWeb/ -- Focal Point, provider of an end-to-end enterprise procurement management platform, announced the completion of a $3 million Seed round. Participating investors include Susa Ventures, Amplo, GoPoint Ventures, Bungalow Capital and Operator Partners. The investment will enable Focal Point to accelerate adoption of its platform, build enhanced software functionality and capabilities, add industry executives to its leadership team and modernize and optimize corporate procurement departments and operations at the enterprise level.

Key Points: 
  • ATLANTA, June 30, 2022 /PRNewswire-PRWeb/ -- Focal Point , provider of an end-to-end enterprise procurement management platform, announced the completion of a $3 million Seed round.
  • Focal Point's platform empowers enterprise procurement teams to fill critical gaps in the legacy procurement software stack.
  • "We believe Focal Point is well positioned to emerge as a dominant player in a new generation of procurement management software."
  • Focal Point empowers enterprise Chief Procurement Officers to fully modernize and optimize their operations.

Davis Polk Welcomes Capital Markets Partner Nicole Brookshire

Retrieved on: 
Monday, June 27, 2022

Davis Polk today announced that leading capital markets lawyer Nicole Brookshire has joined the firms Capital Markets practice in New York.

Key Points: 
  • Davis Polk today announced that leading capital markets lawyer Nicole Brookshire has joined the firms Capital Markets practice in New York.
  • We are thrilled to welcome Nicole to Davis Polk, said Neil Barr, Davis Polks Managing Partner.
  • Ms. Brookshire joins Davis Polk from Cooley LLP, where she was a partner in the public companies and capital markets practices since 2007 and a member of the firms board of directors.
  • Ms. Brookshire said, Davis Polk is an undisputed leader across the full spectrum of capital markets offerings, with a deep bench of truly phenomenal lawyers.

PentaFour Acquires Winterhawk Consulting from Pathlock

Retrieved on: 
Sunday, June 5, 2022

PentaFour Solutions, LLC (PentaFour) the Tech 360 for the Enterprises company, announces the acquisition of the business and assets of Winterhawk Consulting (WHC), a former subsidiary of Pathlock.

Key Points: 
  • PentaFour Solutions, LLC (PentaFour) the Tech 360 for the Enterprises company, announces the acquisition of the business and assets of Winterhawk Consulting (WHC), a former subsidiary of Pathlock.
  • PentaFour recently attained a Platinum competency, demonstrating a best-in-class ability and commitment to meet Pathlock customers evolving needs in todays Cloud-first world and distinguishing itself within Pathlocks partner ecosystem.
  • We are excited to be partnering with Pathlock and the WHC team in this corporate carve-out transaction, said Nag Karaka, Group CEO of PentaFour.
  • This combination allows Pathlock to continue to focus on market leading GRC products, and for PentaFour to build a leading GRC and Audit solution provider.