Achilles creates and manages a global network of collaborative industry communities, allowing trading partners to share high quality, structured, real-time data.
Using cloud-based technology and industry expertise we act as an independent partner, providing validated data and insightful analytics to enable buyers across a sector to identify and manage risk and suppliers to increase market reach while increasing compliance and minimising costs for the network as a whole.
The Power of a Network of Communities
Our community structure provides:
- buyers with access to a broader range of verified, compliant suppliers
- suppliers with access to a broader range of potential buyers
The required verification and data gathering processes are standardised within the community and are facilitated by our local support teams based around the world.
The result is a significant reduction in the work required by both suppliers and buyers to manage and reduce risk within their community and a substantially lower cost of compliance for the community as a whole.
Our communities range in scope from large individual enterprises seeking to improve compliance and risk management across their multi-national base of subsidiaries to broad, industry-wide communities of over 100 major buyers and 10,000 suppliers.
Our global network produces additional benefits by sharing best practice in compliance and risk management between industry sectors and across geographies and allows buyers and suppliers to open up trading opportunities in new markets.Our Services
We provide our communities with:
- A SaaS-based buyer and supplier compliance, risk and performance management platform
- Expertise in the specific industry sector and in procurement compliance and risk management issues in general
- Support to assist suppliers in compiling the relevant information and achieving compliance
- Resources to continuously update, verify and, if required, audit the information