Startup leader in technology for supplier risk management, Gedanken presents an innovative platform that promises to revolutionize the supplier qualification process, reducing approval time by up to 90%, already serving more than 200 large companies. Automatically collect and analyze over 400 pieces of information from public and private sources, including registration data, certificates, and legal proceedings.
To understand how this process works, Lucas Madureira, co-founder of Gedanken, explains that the platform can, for example, read all the legal proceedings of a certain supplier. “In addition, it shows if there is any issue within that legal process that may involve some risk. We not only bring the data but drastically accelerate the analysis time of a counterpart.”
The Intelligence developed by Gedanken identifies potential risks related to slavery, child labor, inadequate working conditions, international lists, arrest warrants, debts and government relationships, environmental, social, financial issues, and reputation damage. The solution uses this feature to automate and personalize data analysis, freeing companies from bureaucracy and allowing them to focus on their core business.
Customization of the qualification process is one of the pillars of the platform. By recognizing the difference between transactional and critical partners, the solution presents an intelligent and personalized approval flow for each. This approach directs the analysis to the specific areas that have risk related to each supplier, eliminating unnecessary steps and optimizing the qualification and continuous monitoring time.
“Imagine if a supplier has an integrity issue related to corruption; in that case, only the compliance team will be able to approve. If the issue is environmental, only those responsible for environmental issues will be able to solve it. If the supplier poses no risk, they will be approved automatically, without the need for human intervention. This accelerates the supplier validation process, significantly reducing the operational time that many companies waste in this process today. This way, companies can focus their efforts on the most relevant suppliers, reducing bureaucracy and streamlining the process as a whole,” explains Lucas.
This is an important moment in the market, as companies seek solutions to optimize their supply chains and ensure compliance with the best ESG (Environmental, Social and Governance) practices. Data from the Gartner Supply Chain Symposium/Xpo, held in May this year, estimate that by 2027, 50% of companies will be managing supplier contracts using AI-enabled risk analysis and editing tools.
Gedanken emerges as an ally in this scenario, offering a platform that optimizes the supplier validation process, risk management, and sustainability. “One of the major challenges faced by companies is the lack of customization in the onboarding process,” explains the co-founder of Gedanken. “Often, all suppliers are treated the same way, regardless of their strategic relevance, impact on the organization, or the criticality of their activities. Our platform treats different suppliers differently, according to the criticality of each supply category.”
