Procurement intelligence firm Beroe, Inc. has integrated with spend and revenue management tech firm Corcentric to equip procurement workforces with risk and compliance offerings, according to a Wednesday (April 28) announcement.
Organizations have become more and more worried about supply chain interruption during the last year. Less-than-satisfactory vendor management workflows and information systems have historically made it too cumbersome and costly to unify vendor profiles with third-party information in areas such as “financial, reputational, sustainability and cyber-risk,” according to the announcement.
However, Beroe says that the connection between Beroe Know Your Supplier (KYS) and the Corcentric Platform lets Corcentric clients connect their vendor profiles with third-party risk data. To that end, the Beroe KYS gives Corcentric Supplier Management clients data from top providers of vendor risk information, according to the…
