Leading startup in technology for supplier risk management, aThoughtspresents an innovative platform that promises to revolutionize the supplier approval process, reducing approval time by up to 90%, already serving more than 200 large companies. More than 400 pieces of information from public and private sources are automatically collected and analyzed, including registration data, certificates and legal proceedings
To understand how this process works, Lucas Madureira, co-founder of Gedanken, explain that the platform can, for example, read all the legal proceedings of a certain supplier. "Furthermore, she presents if there is any issue within that judicial process that may involve some risk. We not only bring the data, but we drastically accelerated the analysis time of a counterparty
The intelligence developed by Gedanken identifies potential risks related to slave labor, childish, inadequate working conditions, international lists, arrest warrants, debts and relationship with government, environmental issues, social, financial and reputational damage. The solution uses this resource to automate and personalize data analysis, freeing companies from bureaucracy and allowing them to focus on their core businesses
The customization of the approval process is one of the pillars of the platform. When recognizing the difference between transactional and critical partners, the solution presents an intelligent and personalized approval flow for each one. This approach directs the analysis to the specific areas that have risk related to each supplier, eliminating unnecessary steps and optimizing the time for approval and continuous monitoring
"Imagine that a supplier has an integrity issue related to corruption"; in this case, only the compliance team will be able to approve. If the problem is environmental, only those responsible for environmental issues will be able to solve it. If the supplier does not present any risk, It will be approved automatically., without the need for human intervention. This speeds up the supplier approval time, significantly reducing the operational time that many companies lose in this process today. In this way, companies can concentrate their efforts on the most relevant suppliers, reducing bureaucracy and streamlining the process as a whole, explain Lucas
This is an important moment in the market., as companies seek solutions to optimise their supply chains and ensure compliance with best ESG practices (Environmental, Social and Governance. Dados do Gartner Supply Chain Symposium/Xpo, held in May of this year, estimate that by 2027, 50% of companies will be managing supplier contracts through the use of AI-enabled risk analysis and editing tools
Gedanken emerges as an ally in this scenario., providing a platform that optimises the type-approval process, risk management and sustainability.
