Spend control and eProcurement solutions provider Proactis has introduced Cloud Supplier Risk Management Platform as part of its supplier relationship management (SRM) and contract management solution. The platform brings together source-to-contract functionalities with risk management tools to eliminate risk of problems resulting from the actions or inactions of suppliers.

The Proactis platform aims at enhancing visibility of supplier information throughout the supplier lifecycle, supervising performance and mitigating risk. Based on the latest software-as-a-service infrastructure, the platform offers supplier risk management along with procurement tools that cut down costs.

Click here for the release from Business Wire.