Vizibl

Vizibl is a digital procurement platform offered by the vendor, Vizibl. According to the vendor, the platform aims to help global organizations unlock the value of their supplier relationships. It provides a centralized workspace for collaboration with suppliers and partners, allowing users to share files, schedule meetings, and conduct 360 surveys. The platform also facilitates joint projects with clear deliverables and offers tailored permissions to ensure data security.

One of the key features highlighted by the vendor is the Supplier Relationship Management functionality. With this feature, users can establish global supplier governance and alignment on objectives. The platform allows access to all relevant supplier information from a central location, enabling analysis of partnership health and performance. Users can also set clear relationship governance and ownership.

The Supplier Innovation Hub is another feature offered by Vizibl. According to the vendor, this feature allows users to source ideas and innovation from suppliers. It enables the posing of problem statements to existing suppliers and invites third-party submissions. The platform facilitates the conversion of triaged opportunities into fully-fledged projects and provides tools for managing proofs of concept and tracking the innovation pipeline.

For organizations focused on sustainability, Vizibl offers Supplier Sustainability Management. According to the vendor, this feature helps measure and align supplier sustainability performance. Users can create sustainability programs with custom frameworks or leverage common disclosure providers. The platform allows the setting of improvement targets and roadmaps for suppliers, and it integrates sustainability programs with other activities within Vizibl.

To provide users with real-time insights, Vizibl offers Dashboards, Analytics & Reporting functionality. According to the vendor, this feature enables access to data on spend, risk, and performance. Users can create custom dashboards and widgets tailored to different stakeholders. The platform also allows visualization of supplier contribution to Scope 3 emissions and wider ESG initiatives. Additionally, users can measure the value of the innovation pipeline and track progress.

Vizibl provides three modules, namely Vizibl Activate, Vizibl Accelerate, and Vizibl Achieve. These modules aim to help organizations establish joint account plans with suppliers, uplift team capabilities, and monitor progress against strategic goals. According to the vendor, these modules provide a structured approach to supplier collaboration and can help drive successful outcomes.

The platform also emphasizes platform security, offering enterprise-ready security architecture, custom permissions and access controls, data encryption and protection, as well as regular security updates and monitoring.

Lastly, Vizibl enables users to measure supplier sustainability. According to the vendor, the platform allows access to normalized and aggregated data from common disclosure frameworks like CDP and SBTi. Users can also create custom frameworks to measure supplier performance at an individual supplier level or across a set of suppliers.