Avetta has introduced Supplier Analytics, a solution designed to help suppliers and prime contractors identify and resolve issues, fulfill compliance requirements, and boost safety practices. The product is available on the Avetta platform.

The solution combines safety, ESG compliance, business, and cybersecurity risks within a single platform. Key features include streamlined compliance assessments, effective use of analytics, and transparent collaboration between suppliers, their clients, and subcontractors.

Avetta claims the new solution can significantly reduce business costs associated with managing compliance. The company also states that the product has become their most adopted solution since launch due to its effectiveness in streamlining compliance processes and collaborative efforts.

Analyst QuickTake: In January 2024, Avetta launched "AskAva," an AI-powered risk assistant for contractor safety. The solution expands Avetta’s Connect platform, allowing firms to automate risk management for contractors on a larger scale.