Enterprise risk has never been a higher priority for businesses, executives and procurement practitioners than right now in light of the COVID-19 crisis. The coronavirus disruption has only accelerated many enterprise risks — from cyberthreats, employee health and safety, and most certainly, to supply risks affecting suppliers in complex value chains.
Supply-side practitioners and their corporate risk management and IT peers are staring down these challenges. They are looking for help to scale up their risk recovery capabilities for now and their risk prevention capabilities for the future. Yet, the risk management technology and services markets are fragmented and poorly integrated, mirroring the situation at most organizations.
Spend Matters has been conducting an in-depth analysis of this confusing supply market and is sharing Spend Matters’ knowledge of roughly 50 vendors from research and advisory work that our technology analysts have done in this complex area.