Case Study: a national supermarket chain streamlines supplier insurance verification with Evident ID

National Supermarket Chain scales to 50 insurance requirement sets with Evident ID

The national supermarket chain, known for its health and gourmet offerings, faced a significant challenge in managing third-party risk. With over 20 unique sets of insurance requirements for its diverse suppliers, its previous verification provider could not effectively implement these complex rules. This left the chain contracting vendors with insufficient coverage and unintentionally excluding small, local suppliers. They turned to Evident for a solution.

By leveraging Evident's capabilities, the supermarket chain developed over 50 precise insurance requirement templates for each vendor type. Evident automated the verification process, ensuring all suppliers are fully compliant and making it much easier for new vendors to join the network. This transformation drastically reduced risk and allowed the chain to safely support local suppliers.