SpendHQ has released a supplier risk management tool that monitors financial, geopolitical and operational factors across global supply chains, the Atlanta-based software company announced. The tool aims to help companies identify and address potential disruptions before they impact operations.
The new offering combines data from several specialized providers, including RapidRatings for financial health analytics, apexanalytix for cybersecurity monitoring and EcoVadis for sustainability intelligence. Users can access these insights through a single interface within the SpendHQ platform as an add-on to its strategic procurement platform.
“Procurement teams face growing complexity as supplier relationships increase and supply chain risks intensify,” said Scott Macfee, CEO of SpendHQ. “This solution unites intelligence from leading procurement and supply chain risk providers, equipping teams to mitigate supplier risks related to financial health, cybersecurity, ESG compliance and more.”
