416: Uncover the Top Supplier Management Challenges of 2024, with Relish
This episode features Ryan Walicki, the CEO and founder of Relish, and Matt Montgomery, a Product Marketing Manager at SAP specializing in supplier management and third-party risk. Ryan explains how Relish helps companies maximize their IT investments by extending enterprise applications. Matt draws on his 20+ years in procurement to discuss the evolution of supplier data from simple payment details to complex compliance and sustainability metrics. Together, they highlight their partnership, sharing a case study where their combined solutions prevented a $2.1 million fraud attempt by validating supplier bank information.
Today I’m joined by innovative software brand, Relish. They’ve done the development so you don’t have to; and they’re asking you to say ‘no’ to expensive middleware, because they’ve got the connection ready to go!
Relish apps strategically extend enterprise applications to maximize investment. With an understanding of enterprise software gaps and challenges, Relish is obsessed with building a scalable solution to remedy them, to simplify the complex and bridge those gaps.
Today, Ryan Walicki, Co-Founder and CEO at Relish, and Matt Montgomery, Senior Director of Product Marketing at SAP will be talking to me about the challenges of supplier data. They’ll be telling me all about why it’s so hard to access, validate and maintain; why those challenges are compounded by the complexity of the current IT landscape; and why it’s so important to understand the DNA of a supplier profile. Plus, we’ll be talking about taking a proactive approach to risk, and the huge potential of AI.
Guest bios:
Ryan Walicki, Co-Founder and CEO at Relish. Ryan is an entrepreneur at heart, striving to solve the most difficult business problems. After dedicating the early part of his career to enterprise applications operations and consulting, Ryan has spent the last several years focused on developing solutions to fill enterprise software gaps and enhance the user experience.
Matt Montgomery, Senior Director – Product Marketing, FedRamp, Supplier Lifecycle & Third Party Risk Management at SAP. An experienced and dynamic global leader in Procure to Pay (P2P) management and operations, Matt has significant experience establishing global shared service center organizations for Procure to Pay operations. He is regularly asked to speak at industry conferences and webinars on topics such as managing shared service center operations, procure to pay maturity models, best practice metrics/analytics, and process automation based on six sigma and lean principles. Matt is recognized for his ability to align cross-functional organizations to streamline business processes and technology. In his current role as a senior solution consultant for SAP Ariba, he works with customers to implement best practices of technology and process.
Introductions to today’s guests and what they do.
From collection and validation to ongoing maintenance, the current processes and challenges of supplier management.
A closer look at the DNA of a supplier profile, and the importance of having visibility over that data.
Supplier validation – the challenges of payments and banking, and finding the balance between security and maintaining speed and efficiency during the validation process.
How Matt works with his suppliers, and the processes that help him find that balance.
A case study exploring how Relish and SAP helped a shared client to prevent a case of fraud, worth a huge $2.1 million, and what we can all learn.
The risk inherent in supplier management, and how organizations should work to identify, assess and manage risk proactively.
The role technology, specifically AI, plays in this space now – and its potential for the future.
The complexity of the current IT landscape; why we should all be looking to simplify; and how organizations can find the right solutions for their supplier management.
All about solutions: what’s to come in episode 430, our upcoming collaboration with Relish.
Resources & Links Mentioned
- Head over to Relish’s website now to find out more, and discover how they could help you too. You can also connect with Relish and keep up to date with the latest over on LinkedIn, YouTube and X (Twitter), or you can connect with Ryan or Matt on LinkedIn.
- If you enjoyed this episode and want to hear more from Relish, check out 408: Strategically Extend Your Enterprise Applications, with Relish.
- Check out our other podcasts HERE.
