Equifax, a global data, analytics, and technology firm, has entered into a strategic alliance with RSM, a prominent provider of assurance, consulting services, and tax for the middle market, to improve the sustainability and resilience of the supply chain. This partnership introduces the Supplier Risk Solution, a cloud-based solution enabled by Interos. This solution utilizes explainable AI to monitor nearly two billion supplier-buyer relationships and more than 450 million companies. To assist organizations in identifying and mitigating supply chain vulnerabilities, the tool evaluates a variety of risk factors, such as cybersecurity, financial stability, regulatory compliance, and environmental, social, and governance (ESG) concerns.
The partnership aims to assist middle-market businesses in navigating the increasingly complex regulatory landscape while improving their competitiveness. According to RSM’s ESG advisory leader Alex Kotsopoulos, the link between ESG considerations and supply chain management is becoming more critical as stakeholders demand higher corporate responsibility. The Supplier Risk Solution enables organizations to quickly respond to potential risks, thereby reducing business disruption and ensuring compliance with regulations. Equifax’s SVP of Partnerships, Melinda McBride, emphasized that the combined expertise of RSM and Equifax provides clients with the data needed to enhance visibility, manage risks, and proactively address vulnerabilities in their supply chains.
