Data for Procurement - Veridion

Power your Procurement
Solutions with
AI driven global data.

Available through an API.

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Manufacturers 0   M
Service Providers 0   M
Distributors 0   K
Products 0   M
Services 0   M
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Sourcing

Find suppliers by combinations of

  • diversification factors

  • product specific data

  • certifications

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Supplier Discovery

Accelerate Supplier Discovery and Sourcing

 

Our AI-powered search capabilities empower your sourcing teams to quickly access a vast global database of suppliers, creating a short list of potential candidates in mere minutes. By leveraging Veridion's cutting-edge technology, your teams can efficiently and accurately identify products or services that meet your precise sourcing needs, saving valuable time and resources.

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Data & Analytics Foundation

Streamline Data Unification

Our AI-powered Match & Enrich capability enables you to keep your Supplier Master Record (SMR) and Master Data Management (MDM) up-to-date, de-duplicated and real-time, providing you with the most accurate view of your supplier landscape. With real-time data management, you can stay ahead of changes in your supplier landscape and make informed decisions to drive success for your procurement process.

Supplier risk monitoring

Proactively Mitigate Supplier Risk

Stay ahead of potential supplier risk with Veridion's real-time data and analytics tools. With Veridion, you receive the most up-to-date and accurate supplier data, allowing you to quickly and easily identify potential risks and changes in a supplier's business activity. With granular control over confidence scores, custom-made risk factors, and real-time alerts, you can stay on top of supplier risk and protect your business from potential disruptions.

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Sustainable Sourcing

Drive Sustainable Sourcing Decisions

 

Our AI-powered search capabilities enable you to find sustainable suppliers that align with your environmental, social, and governance (ESG) goals. You can make informed and sustainable sourcing decisions with access to millions of suppliers and the ability to filter by ESG criteria such as diversified ownership, ESG policies, and ESG Controversies. In addition, our granular data points and real-time updates ensure that you have the most accurate information to drive your sustainability agenda forward.

Easy workflow

Easy workflow integration

Our data is designed to integrate seamlessly with your existing workflows, making it easy for you to access and analyze the information you need. Our API's intuitive design allows for quick and easy implementation, while our team of experts can work with you to tailor the solution to your specific business needs.

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Complex Search API

Veridion's most powerful tool for procurement professionals

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Match & Enrich API

Enrich any company profile with just 2 inputs

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Explore the Veridion Data Universe

Play around with the biggest, freshest source of truth for company data.

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Robotic Arm

Case Studies & Reports

Veridion’s data for Improved Underwriting Efficiency

The commercial insurance landscape is transforming at an unprecedented pace. With an influx of new business applications, inaccuracies in applicant data, widespread business misclassification, and outdated data sources, insurers face growing inefficiencies, financial risks, and missed opportunities.

New risks, ranging from climate-related events to emerging technologies like AI, require a fresh approach to how data is handled. Are you confident in your ability to overcome these obstacles and thrive in this evolving environment?

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Case Studies & Reports

Identify Strategic Partners with Refreshed Supplier Segmentation

Partnering with ethical companies has become a key priority for organizations aiming to mitigate risk, enhance resiliency, and drive business performance.

To achieve this, Procurement Departments must prioritize understanding the ESG performance and offerings of their suppliers, ensuring essential information guides their decisions. Effective supplier management is not only a key to reducing exposure to ethical and environmental risks but also to building a more resilient and responsible supply chain.

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Case Studies & Reports

Enhancing Insurance Underwriting with Veridion's ESG Data

In this case study, we explore how Veridion’s Environmental, Social, and Governance (ESG) data significantly enhanced the underwriting process for a commercial insurer. The insurer tailored a $50 million insurance policy for ChemPro, an industrial chemical manufacturer with a complex risk profile due to its regulatory and litigation history.

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Case Studies & Reports

Top Data Analytics and Risk Assessment Company Boosts Risk Assessment with Veridion

This is how a top-tier Data Risk Assessment Insurance Company used Veridion’s Match & Enrich API to consolidate its risk assessment processes and to ensure better coverage of business information about over 123 million companies worldwide.

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Case Studies & Reports

Active Pharmaceutical Ingredients (API) Shortages

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Case Studies & Reports

How Important is Decision-Grade Data in Commercial Insurance?

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Case Studies & Reports

Top 10 north american insurance company gains access to in-depth data on 4x more clients

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Case Studies & Reports

Tier 1 global consulting firm sees 2.5x increase in supply chain intel depth using Veridion

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Case Studies & Reports

Building Stronger Supply Chains in 2023 Through AI-Collected Data

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Case Studies & Reports

Electric Vehicle (EV) Battery Shortage

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Case Studies & Reports

Esg Data Strategy & Collection - Veridion's 4-Step Approach

In today’s business environment, Environmental,
Social, and Governance (ESG) factors are crucial
for sustainable growth, risk management, and
regulatory compliance. Veridion utilizes advanced
AI technologies to deliver precise, real-time ESG
data, empowering businesses to make informed
decisions and promote sustainable practices.

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