Case Study: a global Fortune 500 corporation clears low-risk suppliers in minutes with Xapien

How a Global Fortune 500 corporation clears low-risk suppliers in minutes

The customer, a global Fortune 500 corporation, faced a slow and inefficient supplier onboarding process that hindered its growth. To address this challenge, the company partnered with vendor Xapien to redesign its program using AI-powered due diligence.

Xapien automated the screening process, running comprehensive risk reports in under 30 minutes. This allowed the compliance team to immediately clear low-risk suppliers and focus on those requiring deeper scrutiny. The solution identified significant risks that previous methods had missed, including sanctions hits and adverse media for over 20% of suppliers. By implementing Xapien, the corporation achieved its goal of a faster, safer onboarding process.