Comprehensive supplier risk profiling enables customers to reduce supplier risk in light of the COVID-19 pandemic
Vroozi, the leading purchasing and spend management platform for enterprise and mid-market companies, announced a strategic partnership with Global Risk Management Solutions (GRMS) to provide supplier risk assessments and proactive monitoring within the Procure-to-Pay software platform.
“We are making it easy for procurement leaders to identify and manage supplier risk within the Vroozi platform”
Vroozi Procure-to-Pay, a modern, mobile and cloud-based spend management and purchase automation platform, now includes comprehensive supplier risk assessments from GRMS. With GRMS supplier risk assessments and monitoring fully integrated within the platform, Vroozi customers can proactively manage and reduce supplier risk with the click of a button.
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“We are making it easy for procurement leaders to identify and manage supplier risk within the Vroozi platform,” said Joe Fox, CEO, Vroozi. “Through our partnership with GRMS, supply risk management is now natively available within our procure-to-pay system. Buyers can now see supplier risk profiles and assess current and prospective partners. Suppliers can show they are in compliance with key measures to win business. Like everything we do at Vroozi, the functionality is modern, intuitive, digital and incredibly easy to use.”
“We continue to innovate with key players in the procurement space. Our innovation with Vroozi brings the supplier risk offering from GRMS as a service to both buyers and suppliers,” said Gerard Smith, President of Global Risk Management Solutions. “Vroozi’s customers can now monitor all their suppliers by simply activating the service – it’s that simple.”
Vroozi Procure-to-Pay provides a modern and mobile purchasing and AP automation platform for companies of all sizes, making it easier to find, buy and pay for the goods and services they need.
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