riskmethods Named Finalist in 2019 World Procurement Awards

Leading supply chain risk management company is shortlisted for the Procurement Technology Award in recognition of its dynamic solution that modernizes the procurement industry



Boston, 05.06.2019 - Today, riskmethods, a leader in supply chain risk management, announces it has been shortlisted for the 2019 World Procurement Awards for its commitment to innovating risk management through the latest advanced technology. Specifically, riskmethods has been nominated for the Procurement Technology Award, alongside other supply chain and procurement organizations.

Founded and executed by Procurement Leaders and in association with SAP Ariba, the World Procurement Awards are known as one of the most celebrated and prized awards in the procurement industry. Procurement Leaders is committed to recognizing the best of the best in the procurement industry all across the globe and honoring notable companies for their achievements.  

“We’re dedicated to helping our customers create reliable supply networks, providing organizations with technology and services to proactively and strategically manage risk in today’s unpredictable environment,” said Heiko Schwarz, founder and managing director of riskmethods. “To be recognized as a leader in the space among other world-class procurement and supply chain innovators further confirms our path forward and is a wonderful accomplishment to the commitment and hard work of our team.” 

riskmethods was also recently recognized as one of Spend Matters’ 50 Providers to Know for its supply chain risk management solution’s ability to automate risk detection through real-time monitoring of global sources, including online media databases and a variety of third-party risk data, combined with artificial intelligence (AI)-based technology. The company was also named as one of the 100 Munich Startups to Watch in 2019 by Seed Table for their commitment to helping customers mitigate risk within the supply chain.  

The World Procurement Award winners will be announced on May 16, 2019, at a ceremony in London.

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