About Us
Achilles is the recognized leader in providing global enterprise-wide supplier risk management programs for suppliers, contractors, and service providers in over 120 countries.
Service vs. Data Source
Verification and Validation
Verification and ValidationThe Achilles service includes verification of data, physical review of documents, and supplier auditing in rea
Supplier support system
Supplier support systemAchilles assists suppliers to get into compliance with each client’s risk assessment requirements
Continuous monitoring
Continuous monitoringAchilles continuously monitors many individual risk components and alerts clients to changes that may impact their business
The Veritas Platform
Achilles’ proprietary technology platform is aptly named Veritas as it verifies the “truth” for conducting business. Veritas provides a simple UI/UX design that allows clients to easily monitor and report the overall risk ratings of all of their suppliers in real time and managed in one secure location.
One of the unique features of Veritas is that it allows many individual risk components to be continuously monitored. Client users are alerted to any changes in the risk rating for these components. Suppliers are also provided a Veritas supplier portal which allows them to easily update information, submit documents and manage their compliance.
Veritas includes JSON APIs that allows it to integrate with most supplier management platforms.
Veritas’ Risk Modules
GRMS has created eight primary modules that are comprised of a subset of risk components targeting key areas of supplier risk. Each client can select the modules and/or components which best meets their needs based on factors such as geography, risk and spend.
Digital Insurance Verification
Achilles has created dynamic data integrations between our Veritas platform and the leading Agency Management Systems (AMS) which are directly integrated with the insurance carrier’s databases eliminating the need to request a Certificate of Insurance (COI).
Using this technology, Achilles digitally requests insurance verification data directly from the supplier’s agent. The verification is done in real time and compared against Achilles’ client requirements. This integration continuously monitors the carrier’s databases for any changes or updates and if detected, will update the supplier’s risk assessment instantly.
Environmental, Social, and Governance (ESG)
The GRMS Supplier Risk Assessment Program can help clients learn more about how their suppliers are addressing the three key pillars of ESG.
Health and Safety
GRMS along with a team of safety professionals, have created a comprehensive HSE program that is significantly less expensive and much easier to complete than the Avetta and ISNetworld programs. This new program enhances our existing enterprise-wide supplier risk assessment programs which include Digital Insurance Verification (DIV) and financial stability assessments.
Pricing Options
Achilles’ Supplier Risk Management Programs can be supplier funded (no cost to client), client funded or a combination of client funded (Strategic Suppliers) and supplier funded (Non-strategic Suppliers). The choice is up to the client.
Team Members
The Achilles team of professionals are committed to ensuring each client’s program is fully supported for maximum efficiency. Our implementation team works with each client’s program to ensure a smooth onboarding of the program with minimal use of a client’s personnel time. Our researchers and call centers are also available to provide support to assist clients as well as their suppliers.
Summary
Achilles’ proprietary Veritas platform has changed how companies can manage supplier risk. Our technology driven service based programs are different than any others as they offer companies the ability to proactively manage operational risks by monitoring suppliers with real time alerts using adjudicated data. Achilles can provide this essential outsourced solution that reduces time and compliance costs for companies worldwide.
