Press Release

Paris, June 1st 2016.- Starting from May 2016, supply chain risk management software provider riskmethods and worldwide leading eProcurement provider SynerTrade will join forces in order to deliver the best possible solutions to their clients.

Recently, both companies have been awarded by Spendmatters as being one of the “50 providers to know”.

“This partnership is a perfect opportunity for both companies, which we are glad we grasped. It emphasizes the holistic approaches and state-of-art technologies that both companies offer”, states Andreas Schwarze, SynerTrade Vice President.

While clients can benefit greatly from the synergies and added expertise that this deal makes possible, the cooperation partners are continuously increasing their efforts to identify even more mutual assets in order to further improve their products’ efficiency.

Transparency within all procurement processes combined with visibility of risks provide a clear competitive advantage. Our clients will benefit from better procurement processes, profound decisions and risk mitigation strategies
Heiko Schwarz, Riskmethods Managing Director

The partnership is global. First customers such as AGCO, Brugg Cable and others have selected for an integrated risk/sourcing approach. riskmethods will be integrated into Synertrade’s Accelerate eProcurement Suite.