
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.
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Fraxion is a unified procure-to-pay platform designed specifically for mid-market organizations. It brings purchasing, AP, expense management, and spend visibility together, helping finance teams manage and control company spend from one connected system.
The platform supports the entire purchasing lifecycle with automated requisitions and POs, configurable approval workflows, real-time budget and policy enforcement, PunchOut and catalog purchasing, AI-powered invoice processing, spend analytics, payments, and mobile access.
Fraxion creates a complete, auditable record of every transaction from the initial request through final payment. Built for the Office of the CFO, it can be adopted incrementally—starting with procurement or AP automation and expanding into a complete procure-to-pay solution without requiring a reimplementation.
SOC 2-compliant and integrated with leading ERP and accounting platforms including Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero. For more than 20 years, Fraxion has supported organizations across healthcare, life sciences, agriculture, education, and natural resources.
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e-Procure
Presenting an innovative B2B platform that merges a comprehensive marketplace with an advanced cloud system tailored for effective procurement management. Whether you are part of a small, medium, or large business, or a freelance professional in need of products or services, registering for a free buyer account on e-Procure opens the door to a vast network of suppliers, B2B service providers, and freelancers, all conveniently accessible in one place. The platform guarantees a swift, intuitive, and entirely secure experience, enabling you to save valuable time while working with high-quality suppliers from the comfort of your workspace. You can easily reach out to numerous suppliers, request bids from your preferred options, and choose the one that aligns perfectly with your requirements. Step into the future of procurement management with e-Procure, where you can take advantage of smart contracts and real-time cloud-based monitoring solutions to ensure suppliers adhere to their promised standards and deadlines. Notably, e-Procure allows you to incorporate an unlimited number of employees and teams, promoting collaboration and strengthening your procurement efforts. This transformative approach positions e-Procure as more than just a service; it's a holistic solution designed to optimize and simplify your entire procurement workflow, ensuring that your business remains competitive and efficient in a rapidly evolving market.
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Foodbuy
Established in 1999, Foodbuy has emerged as a leading procurement organization for food services in North America, managing an astounding expenditure that surpasses $35 billion. Acting as the sole sourcing ally for Compass Group North America, Foodbuy provides unique pricing benefits and economies of scale that distinguish it from its rivals in the industry. The organization offers a broad spectrum of procurement solutions, which encompasses distribution management tailored to meet the specific needs of clients, purchasing optimization, and culinary consulting services, all designed for diverse sectors including hospitality, healthcare, education, and gaming. Rooted in fundamental values such as flexibility, inclusion, results-driven methodologies, sustainability, and transparency, Foodbuy fosters a collaborative and innovative culture within its operations. With a team of over 600 dedicated supply chain specialists, Foodbuy empowers its members and suppliers with unmatched procurement strategies, aiming to achieve the highest level of customer satisfaction. By consistently evolving to meet market demands, Foodbuy remains devoted to enhancing its service offerings while driving the success of its partners, ensuring a forward-thinking approach to food procurement that anticipates future trends. The organization’s unwavering commitment to excellence is reflected in its continuous pursuit of improvement and adaptation.
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