How Comprehensive, Clean, Accurate, and Timely is Your Supplier Database?
CVM Supplier Data Enrichment Services delivers comprehensive business information on millions and millions of suppliers from around the world. CVM can enrich your vendors with over 100 different extended fields allowing improved decision making.
Once you consolidate, standardize, and enrich your supplier records with our CVM Master Supplier Database, you will make decisions based on the most accurate, complete, consistent, and up-to-date information on your suppliers.
CVM data is the most accurate, complete, and up-to-date supplier data on the market today. CVM checks and updates thousands of supplier records on a daily basis, guaranteeing the most up-to-date information. Our Six Sigma-certified CleanQuest® matching engine aggregates your supplier records from disparate systems, cleaning and enriching them on a consistent basis.
Benefits with CVM
- Maximize your supplier diversity program by counting all diverse spend.
- Reduce administrative overhead and supply chain problems by relying on accurate, supply management-driven content (not just credit-based information that is resold to procurement).
- Supercharge your spend analysis efforts with the best possible insight into your entire supply chain.
- Increase negotiating power by viewing total spend on suppliers linked to the same corporate family.
- Enhance your existing supplier information with SIC, NAICS, or UNSPSC codes to identify which commodity and service areas present the greatest opportunities for spend reduction.
- Rationalize supplier and spend information across ERP, SCM, e-procurement, and procurement card systems.
- Integrate data into your SAP, Oracle, PeopleSoft, or other ERP application to increase its power.
Next Steps
Inadequate spend data management capabilities are costing businesses $260 billion in missed savings opportunities annually. 
Aberdeen Group
By year end 2008, at least two-thirds of financial audits will comment on supplier data accuracy and request improvements.
Gartner Group