SaaS, Vendor Compliance, Contract Management, Risk Management
iPRO operates in the global compliance and contract management software sector, offering clients a live 24/7 web-based data verification portal of vendor, supplier and employee information.
iPRO takes advantage of major industry structural trends of outsourcing and risk management, utilizing technology to more efficiently meet the needs of clients.
The company's product suite provides real time legislative compliance verification. The system allows client-specific pre-requisites to be set covering vendor employee engagement, pre-qualification, compliance, online induction, site access, tendering and contract management. iPRO Live simplifies the management of compliance verification by locating it in an online central repository and greatly improves the effectiveness of verification through real time connection to several hundred external data sources. Non-compliance is identified immediately at any point prior to or during vendor engagement with the client.
iPRO provides its product offering through a Software-as-a-Service (“SaaS”) model. The end beneficiary is the client, who is a large corporate or government organization with many vendors. The service provided is the maintenance of qualification information for the client’s vendors. Examples of qualification information include business information, legal information, licence and insurance verification, financial and safety records.
Each vendor registers with iPRO only once for multiple clients, and pays an annual subscription fee in advance. iPRO currently has over 4,500 subscribers.
iPRO is the leader in its space in the Australian market.
Brisbane, Australia (HQ); Irvine, California
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Paul Smith in the Australian Financial Review interviews Grant Straker of Straker Translations about their recent acquisitions and plans for a 2017 ASX IPO.
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