What are Supplier Risk Management Solutions? Reviews and Ratings
What are Supplier Risk Management Solutions?
Supplier risk management solutions are advanced technology platforms designed to facilitate comprehensive supplier risk management activities. These platforms not only aid in the identification and continuous monitoring of potential risks, such as financial instability, geopolitical concerns, and compliance challenges, but also enable a thorough analysis of their holistic impact. Furthermore, they support the coordination of both operational and strategic responses to mitigate these risks effectively. Integral to end-to-end supply chain risk management, supplier risk management aims to assist organizations in mitigating prioritized risks across the entire supply ecosystem — encompassing both physical and digital domains.
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Exiger is a software designed to address risk management, compliance, and supply chain challenges for organizations. The software offers features such as third-party risk assessment, continuous monitoring, and data analytics to help businesses identify operational vulnerabilities and regulatory exposures. It enables automated due diligence processes, monitors supplier activity, and provides insights required for mitigating risks associated with vendors, suppliers, and other external partners. Exiger software assists organizations in maintaining compliant practices and supports the management of complex supply chains through delivering information necessary for informed decision-making.
apexanalytix’s Supplier Risk Management solution helps organizations identify, assess, and mitigate risks across the supplier lifecycle, from onboarding to offboarding. It consolidates internal and external risk data—covering financial, operational, cyber, compliance, ESG and more—into a unified view of supplier performance. Configurable risk scoring models and continuous monitoring detect emerging threats such as financial changes, sanctions, and reputational incidents. Automated workflows and alerts enable collaborative remediation, while supplier portals enable document sharing and corrective actions. With real-time insights and audit-ready reporting, organizations can strengthen compliance, improve decision-making, and build a more resilient supply chain.
Prewave is a software that utilizes artificial intelligence and machine learning to monitor and analyze risks across supply chains by processing data from news articles, social media, and various public sources. The software identifies and assesses risks such as operational disruptions, compliance issues, and reputational threats that may affect suppliers and their networks. It provides insights on events that could impact supply chain continuity, enabling businesses to proactively manage risks, ensure regulatory compliance, and optimize supplier selection and risk mitigation strategies. Prewave supports decision-making processes by delivering timely information and comprehensive risk analysis relevant to supply chain management.
Resilinc provides supply chain risk management solutions designed to help organizations proactively identify, monitor, and mitigate disruptions across global supply chains. The platform enables multi-tier supply chain mapping, real-time event monitoring, disruption management, supplier collaboration, and comprehensive risk assessments, including ESG and regulatory compliance. By leveraging advanced analytics and risk scoring, Resilinc empowers businesses to make informed decisions, enhance supply chain resilience, and protect critical operations from disruption.
SAP Ariba Supplier Risk is a software designed to help organizations assess, monitor, and mitigate risks associated with suppliers throughout the procurement process. The software offers capabilities for collecting and analyzing supplier information from various sources, automating risk detection, and providing real-time risk insights. It supports compliance and regulatory requirements by integrating external data and monitoring changes that could impact supply chains. By centralizing supplier risk profiles, the software enables procurement and risk management teams to identify potential threats and disruptions, helping organizations make informed supplier selection and management decisions to safeguard supply continuity and business operations.
Oracle Supplier Management is a software designed to streamline and centralize supplier information and lifecycle management for organizations. The software enables users to collect, validate, and maintain comprehensive supplier data, including profiles, qualifications, and compliance documents. It provides tools for onboarding, segmentation, and evaluation, supporting risk management and regulatory compliance processes. The software facilitates collaboration between procurement and supply chain teams, and integrates with other enterprise resource planning modules to enhance visibility and control over supplier-related activities. Oracle Supplier Management addresses challenges of supplier data quality, operational efficiency, and governance, supporting informed sourcing decisions and reducing supply chain risks.
D&B Supplier Intelligence is a software that provides organizations with tools to assess, monitor, and manage supplier risk across their supply chain. The software offers capabilities for evaluating supplier performance, financial stability, compliance status, and operational risk by leveraging data analytics and business intelligence. It enables procurement and risk management teams to gain visibility into supplier profiles, helping to identify potential disruptions or vulnerabilities that can affect business operations. The software supports decision-making related to supplier selection, onboarding, and ongoing relationship management by aggregating information from various data sources. This aids organizations in reducing supply chain risks, improving compliance, and ensuring continuity in sourcing and procurement activities.
EcoVadis is a software that provides businesses with assessments and monitoring of sustainability and corporate social responsibility practices across supply chains. The software gathers and analyzes information from suppliers in areas such as environmental performance, labor and human rights, ethics, and sustainable procurement. Through standardized scorecards and performance ratings, the software enables businesses to identify areas for improvement and mitigate risks within supply networks. EcoVadis supports the integration of sustainability data into procurement decisions and facilitates reporting and benchmarking for responsible business practices. The software addresses the need for transparency and insight into suppliers sustainability and compliance efforts.
Bitsight Third-Party Risk Management is a software designed to assess, monitor, and manage risks associated with third-party vendors by leveraging security ratings and continuous analytics. The software enables organizations to identify potential vulnerabilities in their supply chain and quantify cyber risk exposure posed by external business relationships. It provides visibility into the security performance of third parties through data-driven insights, automates vendor assessment processes, and supports compliance requirements by facilitating ongoing risk evaluation. Businesses use this software to enhance decision-making, prioritize remediation efforts, and efficiently meet regulatory standards related to third-party risk management.
Coupa is a software designed for business spend management, enabling organizations to control and optimize procurement, invoicing, and expenses. The software provides modules for sourcing, contract management, supplier collaboration, and analytics to help monitor and manage financial operations. Through its cloud-based platform, users can automate purchasing workflows, enforce compliance with policies, and gain visibility into spend data. Coupa addresses challenges such as manual processing, lack of spend control, and limited insight into supplier performance, supporting businesses in improving efficiency and reducing costs associated with unmanaged spending.
Everstream Discover is a software designed to provide risk intelligence for supply chain management. The software aggregates and analyzes data from various sources to identify potential disruptions, such as geopolitical events, natural disasters, and operational risks that may affect the flow of goods and services. By offering real-time risk detection and predictive analytics, Everstream Discover assists organizations in making informed decisions about supply chain operations, vendor management, and logistics planning. The software aims to enhance visibility into critical supply chain activities and support mitigation strategies that address vulnerabilities and improve continuity.
Everstream Reveal is a software designed to provide supply chain visibility and risk management by integrating real-time data across various supply chain tiers. The software utilizes artificial intelligence and predictive analytics to monitor potential disruptions, such as geopolitical events, weather conditions, and supplier performance. Users can leverage alerts and dashboards to assess supply chain vulnerabilities and optimize planning. Everstream Reveal addresses operational challenges related to risk mitigation, compliance, and supplier collaboration, helping organizations maintain resilience and continuity in complex supply chain networks. The software supports integration with existing enterprise resource planning and procurement systems to offer unified insights for improved decision-making.
Cority’s Supplier Risk Management solution facilitates proactive risk management across the supply ecosystem. Built on the CorityOne platform, the solution enables continuous monitoring of supplier performance, compliance, and risks through automated data feeds, real-time alerts, and robust analytics. Key features include supplier scorecards, non-conformance tracking, and ESG assessments aligned with frameworks like CDP and GRI. Incident management supports root cause analysis and corrective action planning for coordinated risk responses. Tools for regulatory updates, sustainability, and compliance provide visibility into financial, operational, and reputational risks. The integrated approach streamlines audits and enhances transparency to support sustainable supply chain practices and effective risk mitigation.
Financial Health Rating (FHR) is a software that evaluates the financial stability of public and private companies by analyzing their financial statements and generating a numerical score. This software assesses various aspects of a companys financial position including liquidity, leverage, profitability, and efficiency to provide a quantitative measure of financial health. FHR supports organizations in managing risk by enabling them to monitor the financial viability of partners, suppliers, and counterparties. The software is designed to assist businesses in making informed decisions related to supply chain management, credit risk assessment, and overall risk mitigation by delivering an objective analysis based on comprehensive data modeling.
GoSupply is a software designed to streamline and manage supplier onboarding and risk assessment processes for businesses. The software offers functionalities for collecting and verifying supplier data, automating compliance checks, and facilitating document management. GoSupply assists organizations in evaluating supplier reliability and identifying potential risks associated with their supply chain. The software features workflow automation for approval processes, centralized storage of supplier information, and analytics tools for monitoring supplier performance. GoSupply addresses the need for efficient and transparent management of third-party vendor relationships, helping businesses to reduce operational risks, improve regulatory compliance, and maintain up-to-date supplier records within a unified platform.
Graphite Connect is a supplier management platform built on a patented network approach that simplifies, automates, and accelerates the supplier onboarding process. Within the Graphite Network, suppliers maintain one shareable profile containing commercial data, documents, and due diligence information. Graphite validates these profiles, automatically scores the risk of each supplier, and integrates with third-party data sources for a holistic risk review. Additionally, custom automated workflows, contract and document management, translation, and in-app communication create one centralized location for procurement to collaborate with suppliers and cross-department stakeholders. This single source of clean, accurate data integrates seamlessly with ERPs and other procurement tech.
Moody's Supplier Risk Management is a software designed to help organizations assess, monitor, and manage the risks associated with their suppliers. The software provides tools for evaluating supplier financial stability, compliance, and operational performance. It offers analytics for supply chain risk identification and supports ongoing due diligence to address issues such as potential disruptions, regulatory requirements, and third-party vulnerabilities. Through automated data collection and analysis, the software assists businesses in minimizing risks related to supplier sourcing and improves decision-making by providing insights on supplier profiles and risk exposures. This supports organizations in maintaining resilient supply chains and adhering to risk management frameworks.
Sphera Supply Chain Risk Management (SCRM) turns insight into action by connecting the dots between supplier data, risk alerts, and business outcomes. With Sphera’s Supplier 360 Intelligence, it delivers clear, contextual risk summaries that show what’s happening, what it means, and what to do about it—empowering faster, smarter decisions. Sphera SCRM provides deep visibility into who and what are in your supply chain, uncovering hidden dependencies through multi-tier (N-tier) discovery. It helps organizations interpret complex supplier and market signals to address risks before they impact operations, compliance, or reputation. By integrating actionable intelligence with supplier engagement, Sphera enables businesses to protect the top line, control the bottom line, and stay ahead of reputational risk. The result is a trusted, data-driven supply chain ecosystem that enhances resilience, strengthens governance, and drives sustainable growth in a dynamic global landscape.
Z2Data is a software that delivers supply chain risk management solutions by providing access to detailed information on electronic components, manufacturers, and supply chain disruptions. The software offers features such as part search, bill of materials analysis, and real-time alerts for issues including shortages, obsolescence, and compliance risks. Z2Data assists businesses in identifying potential vulnerabilities within their supply chains by aggregating data on availability, lifecycle status, and regulatory requirements for a wide range of electronic components. Through its analytics and dashboard capabilities, the software enables users to monitor supply chain health, evaluate component sourcing options, and address disruptions, helping organizations maintain consistent operations and make informed procurement decisions.
Achilles Platform is a software designed to streamline supplier management and risk mitigation processes for businesses. The software enables organizations to assess, monitor, and manage supplier compliance based on set standards and industry regulations. It supports supplier pre-qualification and validation, automates data collection, and provides real-time analytics for supply chain risk assessment. Achilles Platform facilitates due diligence by maintaining comprehensive supplier profiles and allows for the tracking of critical documentation and certifications. The software addresses challenges in procurement by reducing manual effort, supporting continuous monitoring of supplier performance, and ensuring robust supply chain governance.
Features of Supplier Risk Management Solutions
Updated April 2025Mandatory Features:
Risk response management: 1. Incident tracking and management tools to document and address supplier-related issues. 2. Root cause analysis and corrective action planning. 3. Coordination of risk response efforts for seamless reporting and oversight.
Risk identification and assessment: 1. Advanced algorithms and models to assess and score supplier risk based on various parameters such as financial stability, geopolitical factors, compliance and operational performance. 2. Customizable risk assessment frameworks to align with organizational risk appetite and industry standards.
Continuous monitoring: 1. Monitoring of suppliers using data feeds from news, regulatory updates, and other relevant sources. 2. Alerts and notifications for changes in supplier risk profiles. 3. Provide risk intelligence for broader risk visibility covering several risk domains, including financial, sustainability/ESG, event monitoring (e.g., geopolitical, extreme weather, etc.), capacity, cyber monitoring, performance and compliance.
Learning and analytics: 1. Metrics and KPIs to evaluate supplier performance and risk over time. 2. Data visualization tools for intuitive analysis and decision making, such as dashboards and reporting tools for visualizing supplier risk and performance data. 3. Advanced analytics and machine learning capabilities to identify risk patterns and trends.


















