PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. “Before, companies would think they needed to assess risk once a year,” Frank said.

Risk Management 59

Risk Management Risk Analysis B2B Prioritization 59

PYMNTS

OCTOBER 30, 2020

It's one of the biggest blind spots in supply chain risk management, said Allis. The risk score ranges from 1-100 and considers 800 variables to understand how likely it is that a supplier may go bankrupt or default on existing obligations like loan or invoice payments. "It I need to be proactive there,'" said Allis.

Risk Management 73

Risk Management Risk Analysis Invoicing Marketing 73

PYMNTS

NOVEMBER 11, 2016

Earlier this month, GEP revealed a partnership with Global Risk Management Solutions (GRMS) as part of its efforts to streamline the vendor risk mitigation process for clients. “It’s not just about placing a purchase order and paying an invoice,” Blake said.

Risk Analysis 68

Risk Analysis Invoicing Risk Management Forecasting 68

PYMNTS

JULY 15, 2019

She said that Mastercard Track, which integrates with procure to pay processes (from invoicing all the way to electronic payment), “is not about writing another digital platform that is operating in isolation …but creating a platform that is about access to Mastercard and its partners.” And it is that sense of security that is paramount.

Risk Analysis 64

Risk Analysis Finance Securities B2B 64