- Tech Insights
Avetta was incorporated with a powerful vision: to make sure all workers get home from their jobs safely, every single day. As the company has grown, they have not only stayed true to this vision—they have expanded it. Today, Avetta provides the foundation for clients, suppliers, contractors, workers, and vendors to forge stronger relationships, ensuring every workplace is safe and sustainable. For Avetta’s customer tribe, those who share their bridge-building mindset, Avetta fundamentally changes the dynamics of the supply chain. Avetta's supply chain management solution removes administrative overhead and reduces the cost of qualifying, managing, and monitoring contractors and suppliers. Avetta helps the world's leading organizations identify and manage risk in their supply chains through supplier prequalification, supplier audits, worker management, insurance monitoring, and analytics. Their cloud-based technology and expert insight help mitigate risk and enable sustainable business growth with global supply chain risk management capacities.
" Avetta’s advanced analytics not only improve visibility and control for current and future supply chain risk management issues, but also impacts safety and compliance, which saves lives. "
The platform is the most configurable and easiest to use in the industry, enabling clients to configure goals, create and customize analytic dashboards, modify processes, and produce reports that will improve safety and compliance for their supply chain operations. The focus on simplicity of the new Connect platform will enable Avetta’s 450+ global clients and 90,000+ contractors and suppliers to connect anytime, anywhere in over 100 countries around the world regardless of the user technical skills. Avetta’s analytics is a game-changer for its customers, providing the ability to bring data from many sources into one cloud-based platform to manage supply chain risk with customized dashboards and visualizations. Its predictive analytics functions are highly interactive and allow clients to see both retrospective and current trends, helping them to view past performance and determine the likelihood of job completion according to requirements. All these things can be completed within the platform without having to export to external programs for data modeling purposes.
“Avetta’s advanced analytics not only improve visibility and control for current and future supply chain risk management issues, but also impacts safety and compliance, which saves lives,” says Arshad Matin, CEO of Avetta. “Both clients and suppliers can reduce risk, enhance compliance and grow their businesses through the use of Avetta’s advanced analytics. Avetta contributes to creating safer workplaces, ensuring that workers return home safely each night to their families.” Co-innovation is a key part of Avetta’s technology development process. Working closely with clients and suppliers to create an evolving user interface (UI) has produced a highly organized platform that is easy-to-use, saves time and aggravation for both sides of the supply chain risk management equation.
The platform delivers the ability to make rapid changes in requirements and rules and permits vendors to easily respond to their potential clients’ needs. The platform is highly compartmentalized so that a single change doesn’t impact other areas. “The Avetta platform can be configured to serve any industry, tailored to a client’s specific needs,” says Kevin Berens, chief product officer of Avetta. “The platform supports 18 languages around the globe, and serve multiple industries and can meet unique industry challenges from any device, at any time.” The platform provides unlimited connections between clients and suppliers and can be integrated through an API to client accounting, ERP and other systems quickly and easily. The system can be localized to almost any language. Avetta helps companies worldwide with supply chain risk management, enterprise and workplace safety through contractor management and prequalification with a SaaS-based system that is the most configurable in the industry. With Avetta, a leading chemical company decreased its Total Reportable Incident Rate (TRIR) rate by 74 percent, and a leading telecom company saves $100,000 per year in administrative expenses through a more streamlined safety and insurance verification process.
President & CEO
Avetta provides the foundation for clients, suppliers, contractors, workers, and vendors to forge stronger relationships, ensuring every workplace is safe and sustainable.