Supplier risk signals
Financial health changes, spend concentration with a single supplier, delivery and performance history, and compliance status pulled from whatever risk feeds you already subscribe to.
Procurement
Spend sits in the ERP. Supplier risk sits in a separate risk tool, or a spreadsheet someone updates when they remember to. Contract terms sit in a shared drive, if they’re centralized at all. None of it is checked against the others until something breaks — a renewal missed, a rebate unclaimed, an invoice that doesn’t match the contract.
Only 44% of transactional procurement processes were fully digitalized as of 2024, against an industry target of 70% by 2027 (PwC, 2024 Global Digital Procurement Survey). And less than half of procurement and legal teams report clear, centralized access to their own contracts — more than half say it takes 30 minutes to two hours just to locate and validate a single clause (Vallor, “From Manual Chaos to AI Opportunity: The State of Contract Management in 2025,” November 2025).
Every flagged exception — an off-contract purchase, a supplier risk change, a compliance gap — is logged with the data that triggered it and timestamped, so a procurement or audit team can trace exactly why something was surfaced and when.
It brings spend data, supplier risk signals, and contract terms into one view, ranks suppliers by risk and spend concentration, and flags contract exceptions as they happen instead of at audit time.
Whatever risk feeds you already subscribe to — financial health, delivery performance, compliance status — plus spend concentration it calculates directly from your ERP data.
No. It reads contract terms and reconciles them against spend and supplier data; it doesn’t store or author contracts.
Yes. Spend is checked against active contract terms continuously, not just at audit or renewal time, so exceptions surface as they occur.
Your procurement team, through the policy engine — the same configuration model used across every ERPLens workspace.
Spend and vendor data from your ERP, whatever supplier risk feeds you already use, and contract terms from wherever they’re currently stored.
Forty-five minutes with our architects. No slides — your spend data, your systems, and an honest answer on what would work.
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