Case Study: Newmark Grubb Knight Frank achieves a single source of supplier truth and cost savings with HICX

Getting a Competitive Advantage in the Market

Newmark Grubb Knight Frank (NGKF), a leading global commercial real estate advisory firm, was struggling to manage thousands of supplier relationships across hundreds of clients and locations using fragmented, manual processes. To consolidate disparate supplier data, ensure consistent risk and compliance vetting, and drive down client spend, NGKF partnered with HICX to deploy HICX’s cloud-based supplier data management platform and self-service supplier portal.

HICX implemented a configurable, centralized supplier management solution with automated, workflow-driven onboarding, supplier self-service, compliance document tracking with alerts, and integrations to over 90 ERP/CMMS/accounting instances. As a result, NGKF gained a single source of supplier truth, reduced errors and onboarding time, improved regulatory and compliance visibility, lowered costs and delivery overhead, and strengthened its competitive position—benefits NGKF attributes directly to HICX.

Newmark Grubb Knight Frank

Roger Maris

Senior Vice President, Business Strategy