Graphite Connect
UnclaimedStreamline supplier management with a patented network approach for global procurement teams.
Visit WebsiteTL;DR - Graphite Connect
- Patented network approach creates 'Golden Records' for accurate supplier data.
- Automates vendor onboarding, risk assessment, and ongoing supplier monitoring.
- Integrates with existing procurement systems like SAP Ariba to enhance functionality.
Pricing: Paid only
Best for: Enterprises & pros
4.3/5 across review platforms
What is Graphite Connect?
Graphite Connect is a comprehensive supplier management platform designed to eliminate the chaos of bad supplier data and bring efficiency and visibility to global procurement teams. It utilizes a patented network approach to create "Golden Records" of supplier information, ensuring data accuracy and reducing manual tasks.
The platform offers streamlined vendor onboarding, significantly reducing the time required to bring new suppliers into the system. It also provides robust supplier information management through AI validations and automated risk assessments, continuously scanning for data inconsistencies, potential fraud, international sanctions compliance, and payment problems. For ongoing operational excellence, Graphite Connect includes supplier relationship management tools to monitor performance, create action plans, and manage non-responsive suppliers. Additionally, it centralizes third-party risk management with a library of over 6,000 industry-standard questions for assessments and re-screens. Graphite Connect is built for integration, working seamlessly with existing tech stacks like SAP Ariba, and focuses on a user-friendly experience for both procurement teams and suppliers to drive high adoption and ensure clean, current data.
Available on: Web
Pros & Cons
Pros
- Significantly reduces supplier onboarding time (e.g., from 3 months to under 10 days).
- Enhances data accuracy and reliability through AI validations and ongoing monitoring.
- Improves compliance and reduces risk with automated checks and centralized data.
- Integrates seamlessly with existing P2P and ERP systems like SAP Ariba without requiring a rip-and-replace.
- User-friendly interface for both procurement teams and suppliers, leading to high adoption rates.
Cons
- Specific pricing details are not publicly available, requiring a demo request.
- Requires integration with existing systems, which may involve some initial setup.
Ratings Across the Web
4.3(57 reviews)
What people say
“it can house all information required for Onboarding and can create warkflows as needed.”, via Capterra
Ratings aggregated from independent review platforms. Learn more
Preview
Key Features
Streamlined Vendor Onboarding (85% faster)New Supplier JustificationBank & Tax ValidationIdentity VerificationAI Validations for Supplier DataAutomated Risk AssessmentsOngoing Scanning for Data Inconsistencies & FraudInternational Sanctions Compliance Monitoring
Pricing
Paid
Graphite Connect offers paid plans. Visit their website for current pricing details.
Reviews
4.3/5
Across 57 verified user reviews on g2, capterra
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Graphite Connect FAQ
How does Graphite Connect help a global procurement team clean up messy supplier data?
Graphite Connect uses a patented network approach to create Golden Records of supplier information, ensuring data accuracy and reducing manual tasks. It provides AI validations and automated risk assessments that continuously scan for data inconsistencies, potential fraud, sanctions compliance, and payment problems.
How does Graphite Connect compare to SAP Ariba?
Graphite Connect complements SAP Ariba by integrating seamlessly with it without requiring a rip-and-replace. While SAP Ariba focuses on procurement and P2P processes, Graphite Connect eliminates chaotic supplier data using a patented network approach with AI validations and automated risk assessments.
What are the main limitations or trade-offs of using Graphite Connect?
Specific pricing details are not publicly available, requiring a demo request. Additionally, the platform requires integration with existing systems, which may involve some initial setup effort.
Which teams benefit most from using Graphite Connect?
Global procurement teams benefit most, as the platform streamlines vendor onboarding, supplier information management, risk assessments, and relationship management. Teams needing to reduce supplier onboarding time from months to under 10 days and improve data accuracy will find it especially valuable.
How is Graphite Connect priced?
Graphite Connect is a paid product with no permanently free tier. Specific pricing details are not publicly available and require a request for a demo.
Can Graphite Connect integrate with our existing procurement and ERP systems?
Yes, Graphite Connect is built for integration and works seamlessly with existing tech stacks like SAP Ariba and other P2P and ERP systems without requiring a rip-and-replace. This allows procurement teams to add supplier data management capabilities on top of their current setup.
Does Graphite Connect include tools to manage supplier performance and risk?
Yes, Graphite Connect includes supplier relationship management tools to monitor performance, create action plans, and manage non-responsive suppliers. It also centralizes third-party risk management with a library of over 6,000 industry-standard questions for assessments and re-screens.
How does Graphite Connect reduce the time to onboard new suppliers?
Graphite Connect streamlines vendor onboarding, significantly reducing the time required to bring new suppliers into the system. For example, it can cut onboarding from 3 months to under 10 days through its patented network approach and automated processes.
Source: graphiteconnect.com