Vizibl’s momentum positions it strongly for continued growth and expansion in Q4 2022 and beyond
Vizibl, the world’s leading digital procurement platform for Supplier Collaboration and Innovation, has today announced significant market momentum with significant growth in its enterprise customer base, a strategic partnership with CDP, new ESG and innovation functionality added to its market-leading platform, and the achievement of stringent ISO 27001:2013 security certification.
Platform Enhancements and Customer Growth
The latest updates to Vizibl’s Supplier Collaboration and Innovation solution include the addition of its Supplier Sustainability Management module, launched in July. Expanding the platform’s existing sustainability functionality, the new module allows organisations to configure multiple ESG programmes quickly and easily, onboard suppliers, and attach common disclosure frameworks such as CDP and SBTi to robustly measure, monitor, manage, and improve supplier sustainability performance.
Present functionality allows for a roadmap of phased improvement targets to be set with suppliers, while coming updates to the module will see customers able to configure their own custom ESG frameworks, along with bringing further two-way integration with the rest of the Vizibl platform. This unique and powerful combination of Supplier Sustainability Management alongside Supplier Relationship Management, a Supplier Collaboration Workspace, and a Supplier Innovation Hub unlocks the ability for Vizibl customers to collaborate with suppliers on their strategic goals systematically and at scale.
The addition of Vizibl Supplier Sustainability Management in July followed extensions to its Supplier Innovation Hub in April, allowing customers to tap into the value of their extended ecosystem by providing one centralised location to source, triage, manage, and govern innovation from their supply base and beyond.
Another recent update to the platform has seen the addition of multi-language functionality, enabling an increasingly global cohort of enterprise organisations to capitalise on Vizibl services. Spanish, French, German, Brazilian Portuguese, and Vietnamese are now available in-platform for current customers, with Japanese and Simplified Chinese to be added in the coming months.
The list of Vizibl customers has grown again this year, with 2022 seeing the Supplier Collaboration experts sign significant enterprise clients in chemicals and pharmaceuticals, financial services, and fast-moving consumer goods, in addition to seeing growth across all existing customers.
Strategic Partnerships as a Catalyst for Growth
To complement its extended ESG functionality, Vizibl has earned accreditation by CDP, the global non-profit organisation that runs the world’s most prominent annual environmental disclosure programme. After a rigorous accreditation process, the partnership sees Vizibl join the organisation’s Accredited Solutions Provider roster to deliver value chain engagement, scope 3 services, and stakeholder engagement via the Vizibl Supplier Collaboration & Innovation platform.
In addition to this strategic sustainability partnership with CDP, Vizibl has formalised its partnership with Supplier Day, experts in delivering unique virtual events and team experiences that cement alignment with suppliers and partners, in order to strengthen its position in the market. This partnership reflects the many synergies in the two companies’ beliefs surrounding the importance of deep alignment and collaboration with supplier stakeholders, with their leaders foreseeing further integration between the two organisations as the partnership develops.
ISO 27001 Certification Achieved
In addition to CDP accreditation, Vizibl has also achieved ISO 27001:2013 certification for its information security management.
An internationally-recognised kitemark for information security, recognition by stringent ISO 27001:2013 standards is evidence that the Vizibl platform has robust and defined procedures in place, and that its services are delivered with quality and transparency in mind.
Mark Perera, CEO of Vizibl, says: “It has been a brilliant year for Vizibl with the continued expansion of the platform’s sustainability capabilities, the huge growth we’ve seen in our customer base, and forging our partnerships with CDP and with Supplier Day. Alongside this, obtaining our ISO certification is a huge milestone in demonstrating our commitment to the stringent security protocols of enterprise organisations, consolidating our reputation as a trusted SaaS provider for our customers.”
‘Decade of our Lives’ Driving Real Action on Sustainability
Following COP26 in November 2021, Vizibl launched the Decade of our Lives webinar series, discussing climate, carbon, and the scope 3 challenges that enterprise organisations – and their supply chains – are currently facing. The series has been widely acclaimed, seeing senior procurement and supply chain executives from enterprise companies such as Unilever, TetraPak, Heineken, and Bayer providing their actionable insights to an audience of their peers.
The next instalment will see Vizibl invite Johnson and Johnson CPO Len DeCandia for a session titled ‘Supplier Management: New Pathways to Growth”, while November’s finale session will feature a cast of procurement and supply chain speakers from top analyst firms and global enterprises to round off the series.
“The Decade of our Lives series has been a huge success, attracting respected thought leaders and experts to debate the most serious sustainability issues, with a particular urgency around businesses reducing emissions if we are to reach global decarbonisation targets,” adds Perera.
“Vizibl has experienced tremendous success in 2022 to date this is due to the entire Vizibl team making a difference for enterprises striving to achieve added value and innovation through active, collaborative supplier relationships. We look forward to continuing this upward wave of momentum in Q4 2022 and beyond, as we aim to enable many more large businesses to capitalise on the strategic value of Supplier Collaboration and Innovation,” concludes Perera.
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