CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you. Please drop us a note at info at cporising dot com. Thanks, and enjoy!
Zip Expands into $52 Billion Risk Management Market
SAN FRANCISCO & LONDON — Zip, a leading global procurement orchestration platform processing over $100 billion in business spend, announced Zip for Risk Orchestration, a new solution that brings Zip’s proven orchestration capabilities to supplier risk management.
The announcement was made during Zip Forward Europe in London, featuring a keynote from EcoVadis Chief Impact Officer Nicole Sherwin, alongside procurement leaders from Invesco, Metro Bank, Just Eat, and more.
The company stated that as organizations face mounting security vulnerabilities and compliance challenges, Zip for Risk Orchestration enables global enterprises to streamline supplier risk assessments, financial verification, and regulatory compliance — enabling businesses to mitigate risks related to fraud, security breaches, and costly enforcement actions.
Rujul Zaparde, Co-founder and CEO of Zip, shared, “As we expanded into EMEA and saw 200% growth, we noticed something unexpected — customers were already using Zip to orchestrate third-party risk in ways we hadn’t designed for,” he said.
“The demand is clear: businesses need a better way to handle risk across finance, compliance, and security, but existing solutions are fragmented and inefficient. So we’re turning what customers are already doing into a purpose-built solution. Just as we transformed procurement orchestration, we’re now helping businesses proactively manage regulatory and operational risks worldwide.”
With Zip for Risk Orchestration, businesses can move beyond reactive risk management to a proactive, AI-driven approach to compliance:
- Vendor Due Diligence: Prevent financial fraud with automated bank account verification and tax ID validation (TIN, VAT) to ensure payments go to legitimate entities.
- Centralized Risk Repository: Gain complete visibility into supplier risk with a single source of truth for compliance data, contracts, and risk scores.
- Automated Approval Workflows: Unify risk management across Procurement, Finance, Legal, and IT with structured approval paths for faster, audit-ready decisions.
- Risk Scoring & Tiering: Prioritize oversight by automatically assigning risk levels to suppliers based on industry, location, and regulatory exposure.
- Scheduled Risk Reviews: Stay compliant with evolving regulations through regular monitoring that surfaces red flags before they disrupt operations.
- Vendor Audit & Reporting: Easily generate audit packages and reports to meet regulatory requirements any time.
Read the full announcement here.
SpendHQ Launches Supplier Risk Management Solution
ATLANTA — SpendHQ, a leading spend intelligence and performance management provider, announced the launch of its Supplier Risk Management solution that helps companies stay ahead of supply chain disruptions by proactively monitoring supplier risks across financial, geopolitical, and operational factors.
According to Scott Macfee, CEO of SpendHQ, “Procurement teams face growing complexity as supplier relationships increase and supply chain risks intensify,” he said.
“This solution unites intelligence from leading procurement and supply chain risk providers, equipping teams to mitigate supplier risks related to financial health, cybersecurity, ESG compliance, and more,” Macfee added.
The company stated that it has combined data from global market-leading technology providers to build a comprehensive Supplier Risk Management solution that can be managed from a single, intuitive interface. Within the SpendHQ platform, companies can view real-time updates related to:
- Supplier Financial Health: Gain deep financial risk insights from RapidRatings—the leader in global financial health analytics. Access detailed financial health reports, peer benchmarking, and predictive risk assessments to identify potential supplier defaults, bankruptcies, and disruptions — even for private suppliers.
- Cybersecurity Vulnerabilities: Stay ahead of cyber threats with apexanalytix, the top provider of supplier onboarding, risk management, and recovery solutions. Get near real-time monitoring of cybersecurity protocols to detect vulnerabilities early and prevent data breaches that could disrupt operations.
- Ownership and Political Risk: Expose hidden supplier ownership risks using data from supply chain risk intelligence providers. Uncover sanctions, forced labor, political ties, and compliance violations to safeguard your supply chain.
- Supplier ESG Performance: Ensure responsible sourcing and sustainable performance using EcoVadis, the leading sustainability intelligence platform for global supply chains. Monitor compliance, mitigate risks, and drive long-term value.
SpendHQ’s Supplier Risk Management solution is now available as an add-on to its strategic procurement platform that combines two complementary products built to empower procurement leaders to make confident decisions by uniting spend data, project tracking, performance management, and risk mitigation into a single source of truth.
Read the full announcement here.
Beroe Acquires nnamu to Leverage Game Theory and AI
RALEIGH, NC and BERLIN — Beroe Inc., a global leader in procurement decision intelligence, has acquired nnamu GmbH, a pioneering negotiation technology business that has created the world’s first game theory-based AI agent. nnamu uses advanced game theory principles to recommend and deliver optimal negotiation strategies, generating substantial cost savings and total cost of ownership improvements.
Beroe stated that having deployed AI in multiple use cases on the Beroe Live.ai platform, the company saw synergies with nnamu’s exceptional capabilities in autonomous negotiations. As part of the integration roadmap, Beroe will infuse its proprietary market intelligence into nnamu’s negotiation agent, ensuring even better outcomes for customers.
According to Vel Dhinagaravel, founder and CEO of Beroe, “Beroe was founded on the basis that procurement teams were at a disadvantage in terms of market knowledge, when compared to the commercial teams of their suppliers, and we’ve worked hard to close that gap for our customers for nearly 20 years,” he said.
“With this acquisition, Beroe is paving the way for procurement professionals to access advanced AI and game theory concepts, revolutionizing how procurement professionals negotiate with their suppliers.”
Read the full announcement here.
ORO Labs Acquires ProcureTech to Accelerate AI-Powered Procurement Orchestration
SAN FRANCISCO & LONDON — ORO Labs, a leading enterprise-grade intake management and procurement orchestration platform, has acquired ProcureTech, a digital accelerator focused on advancing the future of procurement. The strategic acquisition will propel ORO’s global growth and strengthen its relationships with consulting and integration partners, unlocking new opportunities for co-innovation and procurement value creation.
The company stated that enterprises have long struggled with fragmented tech stacks and complex procurement processes that hinder digital transformation, frustrate users and diminish ROI. This has created immense demand for ORO’s GenAI procurement orchestration solution, which solves these challenges by seamlessly connecting disparate technologies, processes and data into a single, human-centric ecosystem.
According to Sudhir Bhojwani, CEO and co-founder of ORO Labs, “This acquisition marks a defining moment in procurement digitization. The market is flooded with AI and tech innovation, yet enterprises continue to leave significant value on the table,” he said.
“Orchestration has emerged as the answer to procurement’s long-standing challenges, enabling teams to finally break free from the inefficiencies that have held them back for years. Having seen what’s possible, CPOs are moving fast to explore new use cases and create a future state with AI-led orchestration at the core. The ProcureTech team — along with their deep network of partners and integrators — will help us accelerate this shift and get problem-solving orchestration into the hands of more CPOs, faster.”
ORO and ProcureTech have a deep history of co-innovation, including four-plus years of working together to help large enterprises — including GSK, Liberty Blume and Roche — transform procurement operations with orchestration and AI technology.
Read the full announcement here.
Levelpath Joins Coupa App Marketplace
SAN FRANCISCO — Levelpath, a leading AI-powered procurement platform, announced its certification as a Coupa App Marketplace solution. The integration brings advanced procurement automation capabilities to Coupa’s AI-native Total Spend Management platform, helping organizations streamline operations and reduce procurement cycle times by up to 60%.
According to Alex Yakubovich, CEO & Co-founder of Levelpath, “The Coupa App Marketplace enables us to advance our vision of transforming procurement through intelligent automation,” he said.
“Our Coupa integration empowers procurement teams to automate routine tasks, reduce cycle times, and make data-driven decisions through real-time analytics and intelligent workflow automation. By combining Levelpath’s AI capabilities with Coupa’s powerful AI-native platform, we are helping organizations transform procurement into a strategic driver of business value.”
The company stated that the certification validates that Levelpath meets the stringent requirements of Coupa’s App Marketplace Partner Program. Through this program, software partners develop complementary solutions that seamlessly integrate with the Coupa platform, allowing customers to expand their spend management capabilities while minimizing the complexity and cost of third-party integrations.
Read the full announcement here.
