Note from the CEO
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The signals we hear from the market are clear - managing relationships with strategic suppliers and service providers is more challenging than ever. And the pressure is on. At stake is far more than a failed relationship where performance does not meet expectations. What are at stake are company reputation and brand equity, and ultimately financial performance. |
To think, we were told it was going to get simpler with the advent of procurement and contract management systems. It was not that long ago that if you implemented a requisitioning application, set up SLA’s and KPI’s, tracked them on a regular basis, and communicated the status with your suppliers, you would be considered best in class.
But today, managing transactions and performance is not enough for companies with a large extended enterprise. Critical factors like compliance and sustainability now also must be consistently monitored by buying organizations and attested to by suppliers. Why?
There are real implications if suppliers are not in compliance with requirements such as data privacy, fair labor practices, or safety regulations. And the list of guidelines that need to be followed grows every day. In addition, if you are promoting a companywide sustainability initiative, but key suppliers are not equally conscientious, you may not realize the full benefit.
To address the on-going challenges of the extended enterprise, Hiperos developed R.Portal 3.0. Now, within in a single platform, companies can assess the inherent risk across their extended enterprise, measure and monitor performance, compliance, and sustainability initiatives, communicate status and corrective action plans, and share best practices with peers.
We are extremely proud of the rich functionality included in our solution. But what sets Hiperos apart is how we have integrated actionable content and business community into the platform. It is my hope that after browsing this site, you will begin to understand why companies like Sun, TD Bank, CA, and Aetna have recognized the benefits of our unique approach.
Feel free to contact me with any questions you might have.
Sincerely,
Greg Dickinson
"By partnering with Hiperos, we expect that you will be able to create an environment where service providers are as well managed as other critical assets of your organization."
Greg DickinsonCEO, Hiperos
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