Best Third-Party Risk Management Software for Government

Beroe LiVE.Ai is an AI-Powered Procurement Intelligence Platform that helps companies minimize risk and maximize opportunities with intelligence, data, and alerts across 1,600+ sourcing categories. Beroe LiVE.Ai can help companies: 1) Discover Market Information: Get market data for 1,600+ categories (more than 95% of NAICS spend codes are covered globally). 2) Manage Supply Risk: Determine the impact of event-led disruptions (from COVID-19 to hurricanes) on supply chains along with multi-tier supplier mapping and associated risks. 3) Measure Category Performance: Benchmark and measure companies' category performance against your peers or the wider industry. 4) Track Category Cost & Prices: Monitor and forecast real-time price changes across products, services, and commodities on a real-time basis. 5) Discover Suppliers: Identify suppliers from our database of more than 4.2 million suppliers. 6) Get Category Alerts: Get ahead of issues concerning procurement and the broader business through proactive alerts. 7) Improve Your Supply Chain Visibility: Predictive supply chain risk monitoring covering 100+ risk events across 14 risk categories. 8) Monitor Supplier Carbon Footprint 9) Build Skills

Coupa’s cloud-native Business Spend Management (BSM) platform provides powerful capabilities and an end-to-end processes that helps drive collaboration across procurement, finance, treasury, compliance, and supply chain leaders to help their companies spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.

The 1Exiger platform from Exiger offers end-to-end visibility and advanced risk analytics to improve third-party and supply chain management. Using AI and the largest global dataset, 1Exiger helps organizations assess risks, validate supply chain data, and take swift, informed actions to mitigate potential disruptions. With integrated tools like DDIQ for due diligence, ScreenIQ for sanctions screening, and SDX for supply chain visibility, the platform enables seamless risk management, empowering businesses to build more resilient, efficient supply chains.

The platform designed for managing supplier experiences effectively untangles the supply chain, promoting mutual success for all stakeholders involved. HICX alleviates the challenges associated with supplier management, allowing each supplier to excel in their contributions to your organization. With its advanced supplier management solutions, HICX assists major global companies in fostering fruitful partnerships with their suppliers. The HICX platform emphasizes exceptional supplier experiences, grounded in reliable supplier data. Our expertise in supplier relations is reflected in both our product offerings and our dedicated team. This commitment is what leads prominent organizations to rely on us for executing their intricate projects swiftly and efficiently. We focus on data rather than mere transactions, and unlike traditional P2P or ERP systems, our adaptable data model accommodates even the most complex technological infrastructures. Achieving a comprehensive supplier experience is impossible without full integration, and HICX serves as the foundation for a seamless network of procurement technology and supply chain solutions. By bridging gaps in communication and data flow, we empower organizations to thrive in their supplier collaborations.