Boston, Massachusetts, 04.25.2019 - riskmethods, the market leader in supply chain risk management, has been named one of Spend Matters’ 50 Providers to Know for 2019. riskmethods was selected 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.
"Spend Matters continues to cover the rapid evolution of procurement technology and solutions, and the 50 Providers to Know are independently selected by our analyst team. Where applicable, every 50/50 technology provider has completed rigorous SolutionMap vetting based on neutral data points," said Spend Matters founder Jason Busch. "We are thrilled riskmethods has earned a deserved spot among the providers worth knowing in 2019."
“In today’s business landscape, risk is imminent and using advanced technology like AI and machine learning is critical for managing it,” said Heiko Schwarz, founder and managing director at riskmethods. “Once again being recognized as one of Spend Matter’s Providers to Know is a testament to our team’s commitment to providing customers with a comprehensive supply chain risk management suite equipping them to effectively identify threats, assess impact and mitigate risk.”
Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions. The 50 Providers to Watch and Know lists are the result of deep analysis and corroboration among all Spend Matters analysts and reflect the publication’s unbiased, independent view of the organizations to know and watch.
This is the fifth straight year riskmethods has been recognized by Spend Matters – riskmethods was named a Provider to Watch in 2015 and has been recognized as a Provider to Know for the past four years.