Pro-evaluate vs. D&B Risk Analytics

Originally designed by Health and Safety auditors to improve organizational safety, Pro-evaluate has evolved into a versatile and all-encompassing audit and compliance software platform that empowers various brands to evaluate adherence to a wide range of processes, standards, and regulations. This shift represented a significant rebranding effort from CHASE, which started as a health and safety auditing tool created by Hastam. In 2014, Hastam partnered with Evolve to completely overhaul their application, with the goal of developing a plug-and-play model intended for compliance audits across diverse industries and sectors. As a result, Evolve took charge of the Pro-evaluate development project, assembling a multidisciplinary team to bring this ambition to fruition. Presently, a collaborative team from the UK and Ukraine is dedicated to enhancing, scaling, and sustaining the product, ensuring it remains aligned with the changing needs of its users. This joint effort exemplifies a strong dedication to innovation and adaptability in response to the demands of the market. The ongoing collaboration also highlights the importance of leveraging diverse perspectives to drive continuous development and improvement.

Around the world, teams focused on risk management, procurement, and compliance face increasing demands to navigate the challenges posed by geopolitical and business risks. The intricacies of both domestic and international operations, alongside a myriad of regulations, significantly influence third-party risks. Therefore, it is essential for organizations to take a proactive approach in managing their relationships with third parties. This innovative platform, leveraging the D&B Data Cloud's extensive database of over 520 million global business records and more than 2 billion updates each year, serves as an AI-driven tool that continually assesses and mitigates counterparty risk. D&B Risk Analytics incorporates top-tier risk data, providing alerts on high-risk transactions and identifying connections across a billion data points, all of which empower businesses to make well-informed choices. Additionally, the platform's intelligent workflows facilitate rapid and comprehensive screening processes, ensuring timely alerts on critical business metrics. As a result, companies can enhance their risk management strategies and improve their overall operational resilience.