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AI Powered Supplier Control

Use our Risk Management system to handle risk in your value chain.

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Trusted by large and complex organizations

We change the way you handle risk

Welcome to your new favorite way of administrating supply chain related risk. Protencon.ai helps you monitor, handle and document risk incidents in your value chain – and stay in control.

Our global mission is for every Procurement Departments to do all risk reducing work – monitoring, identification, categorization, documentation, measures, and more – in just a few taps. All supported by advanced AI models and data-driven processes.

Try our smart KYS Know-Your-Supplier service.

We find and define risk in your value chain

In the future many companies must identify and document risks in their value chain due to new legal requirements and stakeholder expectations.

Our job is to identify risk incidents and find serious deviations on all global suppliers. We use large amounts of data, numerous databases and advanced risk models to document supplier risk incidents. We monitor risk factors across finance, credit, media, legal, owners, compliance and reputational risk that could potentially impact your company.

Protencon gives you the insight you need. We use our long experience from credit risk monitoring, scoring modelling, business information and market analysis to create this new insight.

Automate. Integrate. Streamline.

Automated risk administration simplifies supplier monitoring by integrating over 200 data points for 24/7 surveillance, instant notifications and with high-risk indicators highlighted for proactive decision-making. Automate, de-risk and simplify global procurement.

Upload supplier data to the system  
Online monitoring

Now you can easily enter your own suppliers for automatic control in a system that monitors over 200 data points around the clock. If something happens, you will be notified immediately, where everything will be saved and documented in your control archive.

Download data to your own systems
API DATA CONTROL

At the same time, you can use automated procedures to download an updated database to your own Procurement, CRM or ERP systems via the API function. High-risk factors (red flags) appear as clear signal fields in the file.

Key Features

Try our Tier 1-3 Supply Chain Mapping tool, with AI-powered Superintelligence, 24/7 Monitoring and easy Reporting function. Stay ahead of every tier, every supplier, every risk.

Monitoring

Continuous supply chain risk monitoring is essential for maintaining control.
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Sharing

Being able to share data and experiences is important for all Tier 1-3 risk work.
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Interacting

Our tool motivates the supplier to contribute positively to your SCRM strategy.
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Reporting

Report on important legislation and regulations with just a few keystrokes.
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Are you ready for an AI supported risk tool

We use advanced AI technology to detect, classify and document risks.

You will be surprised at how many risk incidents we find – on your current suppliers. You will also find the risk tool very valuable when entering into agreements – with new suppliers.

If you have more than 500 suppliers, this can create up to 1,000 changes per month and more than 10,000 significant and insignificant risk events annually in your value chain.

We connect such a large number of data sources and reference points that you can simply forget about doing it manually. To help us we have developed new AI risk models that will blow you away.

500

Suppliers

1,000

Risk incidents per month

10,000+

Risk incidents per year

IMPOSSIBLE

To handle manually

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Monitoring

In the future it will not be enough to check up on risks in the value chain once a year, it must be done continuously around the clock 24/7/365. Continuous monitoring is absolutely essential – if you want to stay in control.

Supply chain risk management (SCRM) often involves 5 key steps:

  • Identify and document known risks
  • Complete a risk assessment to identify likelihood and impact
  • Develop a risk mitigation strategy
  • Develop a risk treatment plan
  • Continuously monitor and improve your supply chain risk management
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Sharing

We support you with an experience-based database where you can interact with other companies who use the same supplier.

This subjective information is of great value to all procurement specialists. Perceived experience data is normally far more relevant in a risk assessment than most other sources.

Supply chain risk management (SCRM) is the process of finding and addressing potential vulnerabilities in a company’s supply chain. If a company does not have access to reliable data on its suppliers, it won’t be able to fully and accurately assess risks.

Being able to share data and experiences is therefore absolutely decisive for creating a solid SCRM work in the company.

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Interacting

You can easily interact with your own suppliers.

Each individual supplier gets their own account where they can upload material, sign documents, comment on risk incidents and communicate with the contract owner.

Some suppliers may be reluctant to provide data due to privacy concerns or a fear of losing a competitive advantage. And even if they provide enough data to identify risks, they may be unwilling to adopt new practices or alter existing ones.

Our system motivates the supplier to contribute positively to your SCRM work.

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Reporting

You can use the system to manage and administrate all ongoing risk events. It is easy to create a case file for a new risk incident, where you can store all documents, document measures and link the incident to your own internal or external risk reporting.

We have also built an automated and flexible report function which collects relevant data directly from the system. Large enterprises can also have their risk reporting consolidated at group level.

All data-driven and automated – JUST PUSH A BUTTON.