With RelianceX, CRIF is launching an innovative SaaS solution that provides companies with a constant and up-to-date view of risks in their supply chain. The cloud-based platform combines financial analysis, compliance checks, ESG assessments, security management, and global business data, for an integrated approach that allows real-time risk assessments across the entire supplier management process and helps companies identify risks at an early stage. It links state-of-the-art, forward-looking risk analyses with an integrated rating system and intuitive analysis and reporting tools, thereby creating a holistic view of opportunities and risks across the entire network of business partners.
First customers already on board
Among the first companies to put RelianceX into productive use is a major Swiss telecommunications firm. This modular and scalable solution helps the company manage its suppliers more efficiently and gain transparency across complex, international procurement networks. In particular, the integrated ESG analysis and automated real-time monitoring of key risk factors deliver added value that goes beyond traditional supplier management systems.
RelianceX digitises the entire supplier lifecycle and consolidates structured data and scores (ESG, child labour, finance, monitoring, cyber security, and data protection) to enable consistent reporting and timely decision-making. Through role-based approvals, notifications and audit trails, internal departments gain transparency and can react quickly to changes in status.
“With RelianceX, we are creating a foundation for companies that not only manages risks but also controls them strategically and efficiently in order to meet compliance requirements,” says Manuel Zollikofer, CEO of CRIF AG. “Our aim is to make decisions more reliable, supply chains more resilient and organisations more sustainable on a holistic basis.”
Daniel Gamma, CSO of CRIF AG, adds: “We are proud to have already secured our first customers for our new supplier risk management solution and are currently in discussions with other potential customers from industry, retail, and the pharmaceutical sector. Our customers are impressed by both the solution’s modular approach and the unique combination of solution components and CRIF data.”
