Zip, the AI platform for enterprise procurement, today expanded its AI Risk Orchestration offering into a full third-party risk management (TPRM) solution, covering supplier risk end-to-end within the...

Zip unveils the next evolution of AI Risk Orchestration alongside a Sourcing and PO Management Superagents, new AI data partnerships, an app marketplace, and accrual accounting automation at its annual conference in NYC
SAN FRANCISCO & NEW YORK: Zip, the AI platform for enterprise procurement, today expanded its AI Risk Orchestration offering into a full third-party risk management (TPRM) solution, covering supplier risk end-to-end within the platform where purchasing decisions are already made. The company unveiled the new AI capabilities at Zip Forward, its flagship conference, alongside a Sourcing and PO Superagent, expanded AI data partnerships, an app marketplace, and accrual accounting automation. Together, the launches advance Zip’s vision for AI-powered procurement: giving AI agents the context, connectivity, and controls to perform real enterprise work.
Zip first introduced AI Risk Orchestration in April 2025 to bring vendor risk reviews directly into the purchasing workflow. Since then, the company has worked with enterprises including Mutual of Omaha, Stripe, Affirm, Rivian, Metro Bank, and Checkout.com to build out a dedicated solution that manages risk across the supplier lifecycle while preserving that core principle: risk should shape the purchasing decision, not sit in a separate process beside it. Since launching in 2025, AI Risk Orchestration customers have been able to achieve 85% faster cycle times, 98% portal completion rates, and 2x supplier risk coverage, while also cutting manual review work by up to 90%.
“Risk management has traditionally lived beside procurement, even though the purchasing process is where companies decide which vendors they’re willing to trust,” said Rujul Zaparde, co-founder and CEO of Zip. “We started by bringing risk into that decision. Now we’ve built the full, AI-powered, third-party risk management experience around it, so companies can move faster without separating risk from the work itself.”
Using AI to orchestrate risk reviews to manage third-party risk
As enterprises adopt more vendors – particularly AI providers handling sensitive data and business-critical workflows – third-party risk has become harder to manage through disconnected questionnaires, inboxes, and point solutions. Security, legal, compliance, finance, and procurement teams often assess the same vendor independently, creating duplicate work and fragmented decision trails. Reviews can become bottlenecks or get bypassed entirely when business teams are under pressure to move quickly. That’s where much of the risk comes in.
AI Risk Orchestration brings these activities into one connected process by triaging incoming requests, determining when an assessment is needed, and pre-filling questionnaires using the supplier information already in Zip. From there, it scores suppliers against the company’s own risk methodology and surfaces findings from survey responses, documents, and other sources. Each finding is tracked to resolution, whether that means accepting the risk or requesting additional evidence from the supplier, all before the purchase is approved. Reassessments run automatically on the cadence the company’s policy defines, and continuous monitoring alerts the right team members when critical risk factors change so they can act.
The expanded AI solution gives enterprises a more consistent way to assess, monitor, and manage vendor risk without separating risk management from procurement. For AI vendors in particular, companies can evaluate emerging concerns around data privacy, security, model access, and the handling of sensitive company information before commitments are made.
“Zip’s AI Risk Orchestration, in combination with its agents, has changed how we do vendor management,” said Kate Hiykel, Mutual of Omaha’s Manager of the Vendor Management Program. “With the automated scoring, we are able to consistently apply our framework and methodology to all vendor reviews, both at intake and monitoring, which is something we haven’t been able to get ‘just right’ before. We are beyond excited to continue this maturation with the next iteration of AI Risk Orchestration and Zip’s Superagents.”
Zip also announced five additional major capabilities at Zip Forward:
About Zip
Zip is the leading AI platform for enterprise procurement. Through one platform, Zip unifies how companies purchase – replacing fragmented tools and manual processes with intelligent orchestration and governed AI agents that procurement teams and employees actually want to use. Zip is the only procurement orchestration platform with full intake-to-pay capabilities and the most widely deployed, fully governed AI agents in enterprise procurement. Zip has delivered billions in customer savings and powers modern procurement for hundreds of global enterprises, including Anthropic, AMD, Discover, Dollar Tree, OpenAI, T-Mobile, and more. To learn more, visit zip.com.
Fonte: Business Wire
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