The Procuretechs Network includes Startups with a focus on procurement, which are located in Germany and throughout Europe. Together, we want to shape the future of procurement by leveraging our synergies and supporting each other in the further development.

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Prewave GmbH

CEO: Harald Nitschinger

Location: Wien
Founding year: 2017
Website: prewave.com
LinkedIn: https://www.linkedin.com/company/prewave/
Start-up Phase: Launched
Area of business in procurement: 
  • Risk Management
  • Sustainability
  • Collaboration
Problem:

With globalization and the high amount of suppliers, it’s nearly impossible to really know what is happening at my suppliers.
Next to supplier assessment (one point in the year) and financial data (historical data), it’s difficult to receive real-time information about my suppliers. As there are a lot of risks (100+), like natural disasters, mass layoffs, CSR incidents, insolvencies, and many more, real-time information is more important than ever before.

Solution:

Prewave employs AI supplier monitoring, spanning more than 50 languages and 150 countries. Any risk event such as sustainability issues, disruptions, financial and legal risks, or any other of the more than 100 risk event types are reported back to our customers in real-time. We ensure that our customers know exactly what’s happening in their supply chain. Furthermore, we help our customers to comply with all international supply chain acts by bringing transparency into the supply chain.

Offer:

We offer a platform where you can monitor, assess and collaborate with your suppliers.

USP:

Data sources – Global & local Social Media, Global & Local News, Specialized open Source
Multilinguality – 50+ Languages
100+ Risk Categories
100% tech-focused company – AI-based – Self-generated Alerts, Predictive
Risk Coverage – deep localized, all monitor levels covered
No Spam – High relevance
Realtime & Historical Data
Free, fast & automated Setup (50.000+ suppliers already available)

Technology:

AI / Machine Learning / NLP and many more

Existing customers:

Volkswagen, Audi, Porsche, KTM, Kärcher, …

Contact: Jonas Artmeier

Head of Alliances & Customer Success

Mobile phone: +4369010012397
Email: Email hidden; Javascript is required.