SCRM

Avetta Tops Off a Successful Quarter With Innovation and Growth

Retrieved on: 
Tuesday, April 9, 2024

To further Avetta’s leadership in securing clients’ information, the company announced its successful completion of its Type 2 SOC 2 audit.

Key Points: 
  • To further Avetta’s leadership in securing clients’ information, the company announced its successful completion of its Type 2 SOC 2 audit.
  • Additionally, Avetta has become an ISO/IEC 27001:2013 certified provider, confirming its security management program is comprehensive and follows leading practices.
  • Third-Party Recognitions: Avetta was named a Finalist for seven Stevie® Awards in the 18th annual Stevie® Awards for Sales & Customer Service.
  • “As we continue evolving as a company, so too must our brand,” said Arshad Matin, CEO of Avetta.

Avetta Named Finalist of 7 Stevie® Awards for Sales & Customer Service

Retrieved on: 
Thursday, March 14, 2024

LEHI, Utah and HOUSTON, March 14, 2024 (GLOBE NEWSWIRE) -- Avetta®, the leading provider of supply chain risk management (SCRM) software , was named a Finalist across seven categories in the 18th annual Stevie® Awards for Sales & Customer Service.

Key Points: 
  • LEHI, Utah and HOUSTON, March 14, 2024 (GLOBE NEWSWIRE) -- Avetta®, the leading provider of supply chain risk management (SCRM) software , was named a Finalist across seven categories in the 18th annual Stevie® Awards for Sales & Customer Service.
  • In addition, its Customer Service Department is up for voting for the People’s Choice Stevie Awards for Favorite Customer Service.
  • The Stevie Awards for Sales & Customer Service recognizes the achievements of contact centers, customer service, business development and sales professionals worldwide.
  • From now until March 29, the general public may vote for Avetta in the People’s Choice Stevie Awards for Favorite Customer Service at http://peopleschoice.stevieawards.com .

EQT Private Equity to Acquire Avetta from WCAS

Retrieved on: 
Tuesday, April 2, 2024

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries

Key Points: 
  • Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries
    NEW YORK, April 2, 2024 /PRNewswire/ -- EQT Private Equity announced today that the EQT X fund ("EQT") has agreed to acquire Avetta (the "Company") from Welsh, Carson, Anderson & Stowe ("WCAS").
  • Together, EQT and Avetta are committed to investing in innovation to address the critical challenges facing global supply chains today.
  • Arvindh Kumar, Partner and Co-Head of Technology within EQT's Private Equity Advisory Team, said, "Avetta's leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT.
  • Avetta is an excellent example of how WCAS supports accelerating value creation and driving technology businesses to the next level.

EQT Private Equity to Acquire Avetta from WCAS

Retrieved on: 
Tuesday, April 2, 2024

Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries

Key Points: 
  • Avetta's solution improves the resilience of supply chains worldwide by helping hiring clients and suppliers manage their supply chain risk effectively and improve safety, security, sustainability, worker competency, and performance across major industries
    NEW YORK, April 2, 2024 /PRNewswire/ -- EQT Private Equity announced today that the EQT X fund ("EQT") has agreed to acquire Avetta (the "Company") from Welsh, Carson, Anderson & Stowe ("WCAS").
  • Together, EQT and Avetta are committed to investing in innovation to address the critical challenges facing global supply chains today.
  • Arvindh Kumar, Partner and Co-Head of Technology within EQT's Private Equity Advisory Team, said, "Avetta's leadership position, world-class SaaS platform, and commitment to ESG represent a highly thematic investment opportunity for EQT.
  • Avetta is an excellent example of how WCAS supports accelerating value creation and driving technology businesses to the next level.

Northwell Health Partners with Exiger for Supplier Risk Management and Supply Chain Risk

Retrieved on: 
Thursday, March 21, 2024

NEW YORK and WASHINGTON, March 21, 2024 /PRNewswire/ -- Northwell Health (Northwell), New York's largest healthcare provider and private employer, selected Exiger, the market-leading supply chain and third-party risk AI company, to further streamline its vendor due diligence and provide a vendor risk management (VRM) ecosystem at scale. Northwell enhances its already robust vendor risk management and due diligence program with Exiger's award-winning, AI-powered platform for third-party risk management (TPRM) and supply chain risk management (SCRM). By deploying Exiger's platform, Northwell frees up resources needed for strategic transactions and more efficiently ranking vendors according to their criticality and risks. Northwell also gains the capability to balance its risk response more effectively with essential business needs while monitoring suppliers in real-time.

Key Points: 
  • NEW YORK and WASHINGTON, March 21, 2024 /PRNewswire/ -- Northwell Health (Northwell), New York's largest healthcare provider and private employer, selected Exiger , the market-leading supply chain and third-party risk AI company, to further streamline its vendor due diligence and provide a vendor risk management (VRM) ecosystem at scale.
  • Northwell enhances its already robust vendor risk management and due diligence program with Exiger's award-winning, AI-powered platform for third-party risk management (TPRM) and supply chain risk management (SCRM).
  • Northwell also gains the capability to balance its risk response more effectively with essential business needs while monitoring suppliers in real-time.
  • "We're incredibly proud that Northwell is working with Exiger to maintain a healthy and resilient supply chain."

Three Exiger Executives Awarded 2024 Pros to Know by Supply & Demand Chain Executive

Retrieved on: 
Monday, March 11, 2024

NEW YORK, March 11, 2024 /PRNewswire/ -- Exiger, the market-leading supply chain and third-party risk AI company, announced today that three members of its executive team have been recognized with the 2024 Pros to Know award by Supply & Demand Chain Executive – the only publication covering the entire supply chain.

Key Points: 
  • NEW YORK, March 11, 2024 /PRNewswire/ -- Exiger, the market-leading supply chain and third-party risk AI company, announced today that three members of its executive team have been recognized with the 2024 Pros to Know award by Supply & Demand Chain Executive – the only publication covering the entire supply chain.
  • "Many of today's supply chain pros are more than just leaders within their space; they're innovators, decision makers, pioneers of change and growth.
  • They've spent the last year (and more) creating safer, more efficient supply chains," said Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive.
  • This year's award winners are profiled in Supply & Demand Chain Executive's March 2024 issue, which will be distributed at MODEX 2024 and at www.SDCExec.com .

Sphera's Supply Chain Risk Report Shows Economic Uncertainties, Extreme Weather and ESG-related Risks Among Supply Chain Disrupters in 2023 -- And Pandemic-Related Impacts Nearly Vanishing

Retrieved on: 
Tuesday, March 5, 2024

CHICAGO, March 5, 2024 /PRNewswire/ -- While supply chain impacts from the COVID-19 pandemic moved into the rearview mirror in 2023, data in Sphera's inaugural Supply Chain Risk Report shows that supply chains were vulnerable to a broad range of other risks — inflation and rising interest rates, natural hazard events and ESG-related risks such as human rights violations and labor practices among them.

Key Points: 
  • With its new report, Sphera aims to provide insights into the risks that impacted supply chains in 2023.
  • The report is based on data from Sphera's Supply Chain Risk Management (SCRM) software , which provides actionable insights into a multitude of potential disrupters so companies can proactively manage and mitigate supply chain risk.
  • "Sphera's Supply Chain Risk Report shows that a broad range of risks, increasing ESG regulations and compliance failures can stress businesses," said Paul Marushka, Sphera's CEO and president.
  • By optimizing the supply chain composition and diversifying suppliers, companies can better manage the uncertainty that comes with supply chain disruptions.

Sphera's Supply Chain Risk Report Shows Economic Uncertainties, Extreme Weather and ESG-related Risks Among Supply Chain Disrupters in 2023 -- And Pandemic-Related Impacts Nearly Vanishing

Retrieved on: 
Tuesday, March 5, 2024

CHICAGO, March 5, 2024 /PRNewswire/ -- While supply chain impacts from the COVID-19 pandemic moved into the rearview mirror in 2023, data in Sphera's inaugural Supply Chain Risk Report shows that supply chains were vulnerable to a broad range of other risks — inflation and rising interest rates, natural hazard events and ESG-related risks such as human rights violations and labor practices among them.

Key Points: 
  • The report is based on data from Sphera's Supply Chain Risk Management (SCRM) software , which provides actionable insights into a multitude of potential disrupters so companies can proactively manage and mitigate supply chain risk.
  • "Sphera's Supply Chain Risk Report shows that a broad range of risks, increasing ESG regulations and compliance failures can stress businesses," said Paul Marushka, Sphera's CEO and president.
  • "Risk exposure is dynamic, and constantly evolving supply chain risks cause ever-increasing market volatility.
  • By optimizing the supply chain composition and diversifying suppliers, companies can better manage the uncertainty that comes with supply chain disruptions.

Avetta Announces Industry-First Generative AI Risk Assistant for Managing Contractor Compliance

Retrieved on: 
Tuesday, January 30, 2024

LEHI, Utah and HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Avetta ®, the leading provider of supply chain risk management (SCRM) software , today announced AskAva, the industry’s first generative AI-powered risk assistant that will accelerate contractor compliance and advance contractor safety and sustainability.

Key Points: 
  • LEHI, Utah and HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Avetta ®, the leading provider of supply chain risk management (SCRM) software , today announced AskAva, the industry’s first generative AI-powered risk assistant that will accelerate contractor compliance and advance contractor safety and sustainability.
  • AskAva works as a personalized safety assistant, leveraging generative AI to help large organizations reduce accidents in their supply chain.
  • Avetta has designed a robust roadmap of new AI-powered solutions for the contractor risk industry, including Health & Safety, ESG & Sustainability, Business Risk and Cybersecurity.
  • To learn more about Avetta’s new generative AI solutions and its full suite of best-in-class supplier offerings:

BaiJiaYun released the new generation knowledge delivery tool "DuanXunBao"

Retrieved on: 
Tuesday, January 30, 2024

BEIJING, Jan. 30, 2024 /PRNewswire/ -- In order to serve independent entrepreneurs, BaiJiaYun has released the new generation knowledge delivery tool "DuanXunBao", providing services such as personal IP monetization and knowledge-based payments.

Key Points: 
  • BEIJING, Jan. 30, 2024 /PRNewswire/ -- In order to serve independent entrepreneurs, BaiJiaYun has released the new generation knowledge delivery tool "DuanXunBao", providing services such as personal IP monetization and knowledge-based payments.
  • Targeting this societal demand, on January 30th, the U.S. stock exchange-listed company BaiJiaYun (stock code: RTC) officially announced the launch of the new generation knowledge delivery tool "DuanXunBao".
  • As a new generation knowledge delivery tool, "DuanXunBao" addresses the pain points of freelance entrepreneurship, personal IP monetization, and knowledge-based payments, making the management of education more efficient and simpler.
  • As a new generation knowledge delivery tool, BaiJiaYun's "DuanXunBao" is committed to continually exploring new industry application scenarios and innovative approaches.