This Spend Matters PRO post is part of our series on ESG technology and the need to measure companies’ increasing focus on sustainability efforts in all of their business processes. The series recently focused on ESG & source-to-pay suite providers and ESG & supplier management vendors. Today, the ESG series focuses on risk management providers like IntegrityNext, riskmethods, Robobai, GoSupply and Resilinc.
Risk management solutions with ESG coverage are closely related with the more general risk-monitoring providers. These solutions combine supplier-submitted data with external/third-party data (e.g., government agency lists, semantic monitoring of news/social media) to assess risks with suppliers or, in several cases, the broader supply chain.