Driving smarter procurement through supplier discovery and supplier data enrichment.

Veridion captures detailed business profiles on 123 million companies across 250 countries, helping procurement teams discover new suppliers and gain deeper insights into existing ones.

Veridion reduces decision-making time, improves supplier visibility, and minimizes risk by providing accurate, up-to-date data. Our AI-powered solutions integrate seamlessly with procurement tools, enabling more efficient and informed sourcing decisions.

Veridion Video Explainer

Veridion for Supplier Discovery

Veridion enables procurement teams to rapidly discover new suppliers by leveraging AI-powered search capabilities that analyze a universe of over 750 million products and services. By exploring suppliers’ digital footprints, Veridion uncovers products, services, and capabilities that go beyond traditional filters. This expansive search approach allows procurement teams to find suppliers across 250 countries that meet specific niche criteria such as product categories, capabilities, or geographic regions.

Key Benefits:

• Accelerates the sourcing process by reducing time spent on manual supplier searches.

• Provides deep insights into potential suppliers, including their products, services, certifications, and sustainability practices.

• Helps procurement teams mitigate supply chain risks by identifying alternative suppliers globally.

• Supports sourcing for both direct and indirect procurement needs across industries.

Veridion for Supplier Data Enrichment

Veridion enhances existing supplier records by enriching them with up-to-date, detailed information from various sources. This includes business activities, locations, technologies, sustainability practices, and more. Veridion’s data enrichment services ensure supplier data remains accurate, complete, and ready for analysis or decision-making.

Key Benefits:

• Ensures data accuracy and completeness by validating and updating supplier information.

• Reduces procurement risks by providing detailed insights into supplier capabilities, financial health, and compliance.

• Streamlines internal processes like supplier qualification, risk assessment, and spend analysis.

• Improves decision-making confidence with a continuous data validation and enrichment cycle.