Second-generation software solution will help businesses mitigate financial and operational risk across supply chains
Dun & Bradstreet (NYSE:DNB) announced the launch of D&B Supplier Risk Manager 2.0, a second-generation software solution to help businesses mitigate financial and operational instability, analyze risk and monitor distribution resources to maintain sustainability across supply chains.
Leveraging D&B’s proprietary database of more than 235 million businesses worldwide, the offering is designed to help businesses maintain a healthy supply chain. D&B’s predictive indicators enable customers to monitor supplier activity, and receive real-time “red flag” alerts to events that signify critical risk. These features allow users to anticipate and proactively respond to threats before there is any impact to the business.
“As supply chains expand in complexity, procurement professionals face new challenges and need to identify signs of disruption before it impacts the business,” said Laura Kelly, Chief Product Officer, Dun & Bradstreet. “The second generation of Supplier Risk Manager now delivers early warning signals through a faster, easier-to-use interface, allowing businesses to anticipate and mitigate supply chain risk.”
Key enhancement areas for the new release include:
- Faster, more efficient and intuitive interface capable of generating more than 1,000 results within seconds
- User-friendly interface with a newly designed landing page which features scroll-over and type-head functionality
- Enhanced corporate linkage, allowing for increased visibility into supply chains as well as greater insight into risk across different facets of an organization
The launch comes on the heels of Global Finance’s recognition of D&B as one of the year’s best supply chain finance providers, specifically, Best Analytics for Credit Scoring and Risk Assessment on a global level. Global Finance’s editorial team – with input from industry analysts, corporate executives and technology experts – selected the best providers of supply chain financing and management services. Market share and global coverage, product innovation, customer service, technology, execution skills and client-specific implementations are among the factors considered for selection.
Source: D&B Press Release