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The Smart Cube partners with Bureau van Dijk to strengthen its supplier risk proposition with robust data
London, 24 March 2021: The Smart Cube, a global provider of strategic research and analytics solutions, has entered into a partnership agreement with Bureau van Dijk, a Moody’s Analytics company to strengthen its Supplier Risk Intelligence solution for procurement teams.
Bureau van Dijk is a leading corporate data provider. Its Orbis database provides information on close to 400 million companies and entities across the globe, including standardised financials and financial strength metrics, extensive corporate ownership structures, M&A data and more.
Procurement teams today work with a whole host of suppliers, many of whom are private companies. Organisations have long faced challenges in accessing reliable, up to date information on private companies. Poor visibility of their business and financial performance increases supply chain risk, and makes it difficult to take fully informed decisions to mitigate risk.
Through this agreement, customers can get a holistic view of supplier information by combining data from Orbis, Bureau van Dijk’s growing database of companies and other entities, with The Smart Cube’s supplier risk platform and custom portals.
Paul Costers, Director, Partnerships and Alliances, Bureau van Dijk, a Moody’s Analytics company, said: “At Bureau van Dijk, providing our customers and partners with the best quality data is our most important objective. We deliver information derived from rigorous processes and a huge variety of sources, to make it as easy as possible to compare companies internationally. We are delighted to work with The Smart Cube to strengthen its supplier risk offerings.”
Prerna Dhawan, Chief Solutions Officer, The Smart Cube, said: “Many procurement teams receive supplier data and risk scores from multiple sources, meaning they have to manage multiple platforms to gain the insights they need, and often data across sources is not consistent. Through our Supplier Risk Intelligence solution, and partnerships with best-of-breed companies like Bureau van Dijk, our aim is to provide procurement and third-party risk management teams with a holistic view of supplier risk, and intelligence that’s customised to their business.”
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About Bureau van Dijk, a Moody’s Analytics company
At Bureau van Dijk, a Moody’s Analytics company, we capture and treat entity information for better decision-making and increased efficiency.
With information on close to 400 million companies worldwide, Orbis is the resource for entity data. Orbis includes comparable information, extensive corporate ownership details and comprehensive coverage, combining data from hundreds of sources.
We go further than just providing data: we treat, append and standardize it to make it richer, more powerful and easier to interrogate.
For more information, visit https://www.bvdinfo.com/en-gb/.
About The Smart Cube
For leading businesses around the world, The Smart Cube is a trusted partner for high performing intelligence that answers critical business questions. And we work with our clients to figure out how to implement the answers, faster.
Through custom research, advanced analytics and best of breed technology, we transform data into insights – enabling smart decision-making to improve business performance at the top and bottom line. We call it: Intelligence. Accelerated.
Our clients include a third of the companies in the FTSE and Fortune 100, primarily in the CPG, Life Sciences, Energy, Chemicals, Industrials, Financial Services, Professional Services and Retail sectors.
We serve our global client base from our offices in the UK, the USA, Switzerland, Romania and India.
For more information, visit www.thesmartcube.com.
For media enquiries, please contact:
Jenny Rushforth, Director of Communications and Content, The Smart Cube
Tel: +44 (0) 7739 363 997