Description

HICX is a supplier information management platform designed for small, medium, and large-sized organizations. It enables users to automatically infer and send data to appropriate systems through due diligence and verification, leverage workflow-driven processes for governing and coordinating the data collection, view and track the status of onboarding requests, verify data with external sources, review and merge data between records, monitor performance, risk and SLAs with scheduled reviews, establish third parties with due diligence and audits, define rules to segment third parties and drive process for risk profiles, as well as submit discount requests by locking savings. Modules include supplier management, third-party management, compliance & risk, master data (data cleansing, data consolidation, data governance), and finance management.