Supplier risk management

UpGuard Releases New AI-enabled Solutions and Appoints Chief Officers to Spearhead Company's Growth Strategy

Retrieved on: 
Monday, March 11, 2024

MOUNTAIN VIEW, Calif., March 11, 2024 /PRNewswire-PRWeb/ -- UpGuard, the globally renowned provider of Third-Party and Supplier Risk Management software, as ranked #1 by G2, today unveiled the release of two innovative AI-powered solutions: Managed Vendor Assessments and Trust Exchange. With 41% of data breaches originating from third-party relationships (World Economic Forum), these new capabilities help organizations safeguard themselves from potential vendor threats and expand upon UpGuard's category-leading Vendor Risk product that monitors over 10 million companies daily.

Key Points: 
  • "2024 will mark a transformative investment year for UpGuard," affirmed Mike Baukes, CEO of UpGuard.
  • "We're proud to introduce these two innovative solutions and excited to welcome three executives whose expertise will be instrumental as we drive forward into our next chapter of growth."
  • These new solutions mark the inauguration of a series of investments UpGuard is taking for a new phase of growth and expansion.
  • To support this new phase of growth, UpGuard is pleased to announce the appointment of three distinguished leaders to its executive team.

Resilinc Recognized in the 2023 Gartner® Market Guide for Supplier Risk Management Solutions

Retrieved on: 
Tuesday, January 23, 2024

MILPITAS, CA, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Resilinc, the world’s leading supply chain mapping, disruption sensing, and resiliency analytics company, is pleased to announce it has been named a Representative Vendor in the 2023 Gartner Market Guide for Supplier Risk Management Solutions.

Key Points: 
  • MILPITAS, CA, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Resilinc, the world’s leading supply chain mapping, disruption sensing, and resiliency analytics company, is pleased to announce it has been named a Representative Vendor in the 2023 Gartner Market Guide for Supplier Risk Management Solutions.
  • Resilinc’s supplier risk management solution incorporates 13 years of supplier risk data, 24/7 monitoring of risk events, and a validated supplier network that has been mapped down to the part-site and commodity level.
  • “Being recognized in the 2023 Gartner Market Guide for Supplier Risk Management is exciting for our team which is innovating tirelessly to bring the most advanced technologies, insights and automated workflows to help our customers continuously drive higher value from their risk program.”
    To learn more about Resilinc’s industry-leading supply chain risk management solutions, visit https://www.resilinc.com/
    Source: Gartner, Market Guide for Supplier Risk Management Solutions, 2023, Cian Curtin, Cheryl Van Dyke and Micky Keck, 4 Dec 2023.
  • The Gartner Market Guide for Supplier Risk Management Solutions, 2023 is available online for Gartner subscribers.

UpGuard Ranks #1 in G2 Winter 2024 Reports for Third Party and Supplier Risk Management

Retrieved on: 
Wednesday, January 17, 2024

MOUNTAIN VIEW, Calif., Jan. 17, 2024 /PRNewswire-PRWeb/ -- UpGuard, the third-party risk and attack surface management platform, has been recognized as the #1 Third Party and Supplier Risk Management software in G2's Winter 2024 reports, regaining its position as a leader in this category for the sixth consecutive quarter.

Key Points: 
  • UpGuard is recognized as a leader in third-party and supplier risk management by G2 for the sixth time running.
  • MOUNTAIN VIEW, Calif., Jan. 17, 2024 /PRNewswire-PRWeb/ -- UpGuard, the third-party risk and attack surface management platform, has been recognized as the #1 Third Party and Supplier Risk Management software in G2's Winter 2024 reports, regaining its position as a leader in this category for the sixth consecutive quarter.
  • Recent G2 reviews from UpGuard users include:
    "Simple to use, a straightforward tool, which is backed up by an excellent support and customer success team.
  • Significantly improved onboarding of new suppliers and our overall supplier risk management process."

Enhancing Supplier Risk Management and Procurement Efficiency: SpendEdge's Expertise

Retrieved on: 
Thursday, September 28, 2023

Client Overview: Our client, a prominent financial institution in the US, needed to improve supplier risk management, compliance, and procurement efficiency.

Key Points: 
  • Client Overview: Our client, a prominent financial institution in the US, needed to improve supplier risk management, compliance, and procurement efficiency.
  • Supplier Risk Management: Managing supplier risk effectively within a vast supply chain was a challenging task for the client.
  • Improved Risk Management: The bank's risk management capabilities were enhanced, reducing the potential for disruptions.
  • In conclusion, SpendEdge's expertise in supplier risk management and procurement efficiency transformed our client's operations.

Exiger Recognized in 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions in Supplier Risk Management Category

Retrieved on: 
Thursday, August 3, 2023

WASHINGTON, Aug. 3, 2023 /PRNewswire/ -- Exiger, the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it was identified as a Sample Vendor under the Supplier Risk Management category of the 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions.

Key Points: 
  • WASHINGTON, Aug. 3, 2023 /PRNewswire/ -- Exiger , the SaaS company revolutionizing the way corporations, government agencies and banks manage supply chains, today announced that it was identified as a Sample Vendor under the Supplier Risk Management category of the 2023 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions .
  • "Exiger is honored to be recognized by Gartner® as a Sample Vendor for supplier risk management."
  • This year's Hype Cycle™ for Procurement and Sourcing Solutions follows the evolution of supplier risk management, categorizing the benefit rating as "high" and adoption maturity as "adolescent."
  • Click for complimentary access to the Gartner® Hype Cycle™ for Procurement and Sourcing Solutions 2023 , courtesy of Exiger.

New ESG Features Enhance SpendHQ’s Product Lineup to Drive Strategic Procurement Impact

Retrieved on: 
Tuesday, February 21, 2023

SpendHQ , the best-in-class provider of Spend Intelligence and Procurement Performance Management solutions, today announced Environmental, Social and Governance (ESG) features for customers to rapidly turn spend analytics into new procurement initiatives in support of strategic business objectives.

Key Points: 
  • SpendHQ , the best-in-class provider of Spend Intelligence and Procurement Performance Management solutions, today announced Environmental, Social and Governance (ESG) features for customers to rapidly turn spend analytics into new procurement initiatives in support of strategic business objectives.
  • The products’ ESG features give customers a competitive edge on accessing, monitoring and improving non-financial performance metrics to support efforts to comply with new policies and corporate commitments in today’s responsible business environment.
  • “Procurement can significantly impact ESG progress, but a better approach has been needed to easily identify opportunities to make a bigger impact and to accurately measure procurement’s contribution.
  • In 2022, SpendHQ’s impact on procurement grew to more than 450 global customers, $1 trillion of spend data analyzed and 80,000 procurement projects tracked and measured.

LION ELECTRIC ENTERS INTO MULTI-YEAR CELL SUPPLY AGREEMENT FOR EV BATTERY MANUFACTURING WITH A TOP-TIER SUPPLIER

Retrieved on: 
Tuesday, November 22, 2022

MONTREAL, Nov. 22, 2022 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has entered into a four-year supply agreement with a top-tier supplier (the "Supplier") for the supply of lithium-ion battery cells (the "Cell Supply Agreement") to be used for the manufacturing of batteries for electric vehicles.

Key Points: 
  • MONTREAL, Nov. 22, 2022 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has entered into a four-year supply agreement with a top-tier supplier (the "Supplier") for the supply of lithium-ion battery cells (the "Cell Supply Agreement") to be used for the manufacturing of batteries for electric vehicles.
  • The Cell Supply Agreement currently provides that 39 million lithium battery cells are to be purchased by Lion in total over calendar years 2023 and 2024, subject to, among other things, the Supplier completing its internal cell qualification processes to validate satisfaction of Lion's specification requirements.
  • Lion Electric is an innovative manufacturer of zero-emission vehicles.
  • Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies.

Reciprocity Continues Strong Company Momentum in H1 2022

Retrieved on: 
Tuesday, June 28, 2022

Reciprocity ZenGRC platform continues to lead the governance, risk, and compliance (GRC) industry, and was recently highlighted as a Leader in G2s Summer 2022 Grid for GRC Platforms, IT Risk Management, and Third Party & Supplier Risk Management.

Key Points: 
  • Reciprocity ZenGRC platform continues to lead the governance, risk, and compliance (GRC) industry, and was recently highlighted as a Leader in G2s Summer 2022 Grid for GRC Platforms, IT Risk Management, and Third Party & Supplier Risk Management.
  • The platform was recognized with several G2 Summer 2022 badges including High Performer - Enterprise, Leader, Leader - Mid-Market, and Users Love Us.
  • Reciprocity was also awarded two coveted Cyber Defense Global InfoSec Awards from Cyber Defense Magazine (CDM) at RSA 2022: the Hot Company Risk Management award and the Cutting Edge Compliance award.
  • Reciprocity is pioneering a first-of-its-kind approach to IT risk management that ties an organizations risk directly to its business strategy.

Reciprocity Recognized as Leader in G2 Spring 2022 Grid Report for GRC Platforms

Retrieved on: 
Thursday, March 24, 2022

Reciprocity, a leader in information security risk and compliance, today announced its ZenGRC platform was recognized as a Leader in G2s Spring 2022 Grid Report for GRC Platforms.

Key Points: 
  • Reciprocity, a leader in information security risk and compliance, today announced its ZenGRC platform was recognized as a Leader in G2s Spring 2022 Grid Report for GRC Platforms.
  • The platform earned the Leader ranking in four categories: IT Risk Management, GRC Platforms, Third Party & Supplier Risk Management, and Audit Management.
  • Leaders are determined based on high levels of customer satisfaction and having a large market presence:
    We are honored to have our ZenGRC platform recognized with eight G2 Spring 2022 Grid Report badges, including Best Relationship, High Performer, Momentum Leader, and Users Love Us, said Jenny Victor, Vice President of Marketing at Reciprocity.
  • Were now building on the success of the ZenGRC platform with our new AI-powered, integrated Risk Observation, Assessment, and Remediation (ROAR) Platform.

Black Kite Offers Free Self-Monitoring as Third-Party Cyber Risk Increases

Retrieved on: 
Thursday, March 3, 2022

Black Kite , the leader in third-party cyber risk intelligence, today announced a free self-monitoring license for all customers with the purchase of 15 continuous annual vendor licenses.

Key Points: 
  • Black Kite , the leader in third-party cyber risk intelligence, today announced a free self-monitoring license for all customers with the purchase of 15 continuous annual vendor licenses.
  • Organizations will always prioritize self-monitoring but year after year, the increasing risk lies with your most vulnerable partners and suppliers, said Paul Paget, CEO of Black Kite.
  • To learn more about uncovering your third-party risks from a hackers perspective, test drive the Black Kite platform with a free demo today: https://blackkite.com/request-a-demo/ .
  • At Black Kite, we're redefining vendor risk management with the worlds first global third-party cyber risk monitoring platform, built from a hacker's perspective.