Corcentric, Beroe to boost value of supplier risk, compliance efforts

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Corcentric announced a strategic partnership with Beroe, a supplier risk and compliance provider.

The integration of Beroe Know Your Supplier (KYS) with the Corcentric Platform offers Corcentric customers a unique opportunity to easily link supplier profiles with leading third-party risk data providers by removing the need to strike individual agreements. Beroe’s KYS provides Corcentric Supplier Management customers information from the leading providers of supplier risk data including financial, reputational, sustainability and cyber risk information, according to an announcement.

Over the last 12-plus months, organizations have been increasingly concerned about supply chain disruption. The lack of insight in supply chains is accentuated by the volume of supplier data and tying them back to risk. Poor supplier management processes and data infrastructures have traditionally made unifying supplier profiles with third-party data in areas like financial, reputational, sustainability and cyber-risk too tedious and expensive.

“The inability to effectively link third-party supplier risk data to wider supplier management efforts puts a massive strain on supplier…

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