OREM, Utah— Oct. 12, 2021—Avetta®, the leading provider of supply chain risk management software, today announced that the company made the Spend Matters “50 Providers to Know” list for the fourth year in a row.
Each year, the ‘50 Providers to Know’ list recognizes the best-in-class companies in the procurement and supply chain market. The ‘50 Providers to Know’ list highlights leading technology and services providers that continue to raise the bar for procurement technologies and services. These set the industry standard – firms that every CPO should know about and understand.
“Avetta is honored to be named among those companies that set the benchmark for procurement technology in the supply chain,” said Arshad Matin, president and CEO of Avetta. “Supply chain risk management technology is so vital today to ensure your operation is not only safe but also environmentally responsible. Companies are focusing more and more on sustainability measures, and these technologies ensure clients are accountable to stakeholders and their safety and sustainability goals.”
“Never has procurement technology been more front of mind for businesses,” said Spend Matters analyst team lead, Nick Heinzmann. “With companies heavily scrutinizing their supply chains and bottom lines to protect against volatility, the procurement technology space has in 2021 gained only greater notoriety — from customers and investors alike.”
Avetta’s technology platform, Avetta Connect™, helps companies worldwide manage risk and build resilience in their supply chains – from increasing visibility within the network to ensuring safety and sustainability. The Avetta Marketplace provides suppliers and contractors deep discounts on insurance and safety-related products and services.
Spend Matters ‘50 Providers to Know’ was announced as part of the SIG Global Executive Summit in Carlsbad, California.
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The Avetta SaaS platform helps clients manage supply chain risk, and their suppliers, to become more qualified for jobs. For the hiring clients in our network, we offer the world’s largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom.
For suppliers in our network, our audit and verification services help lower their safety incidents rate by 29%. As a result, more than one-third of members find additional job opportunities within the first year of joining. In addition, our suppliers receive privileged access to the Avetta Marketplace, where dozens of partners offer special discounts for business services like insurance and work gear. Avetta serves more than 500 enterprise companies and 125,000 suppliers across 120+ countries.
Visit https://www.avetta.com/ for more information.
Mark Fredrickson, +1 801-806-0161
Scott Nelson, +1 801-850-3363