Zip 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 also unveiled a Sourcing and PO Superagent, expanded AI data partnerships, an app marketplace, and accrual accounting automation.
“Risk management has traditionally lived beside procurement, even though the purchasing process is where companies decide which vendors they’re willing to trust,” says 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.”
Key takeaway:
· 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.
· 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.
- Sourcing Superagent: Zip’s new Sourcing Superagent brings agentic execution to strategic sourcing, helping teams run sourcing events from initial request through supplier selection. Because it works inside Zip, it can use each company’s existing procurement context to make more relevant recommendations and take on more of the work.
- PO Management Superagent: The PO Superagent uses the full context of a purchase order, including request history, billing data, and company policies, to recommend and prepare the next best action when an order needs attention. Embedded throughout the PO lifecycle, it proactively helps requesters keep orders up to date, reduce blocked payments, and improve the accuracy of forecasts and accruals.
- AI data partnerships: Zip is launching a new ecosystem of data providers to give procurement teams and Superagents richer external context for every purchasing decision. The ecosystem provides best-in-class data directly into Zip workflows starting with price benchmarking and supplier use cases.
- Marketplace: Zip’s new app marketplace makes it easier for procurement and IT teams to connect Zip to the systems their business relies on. Teams can discover Zip's integrations and install integration templates through a self-service experience, with simple one-click upgrades to stay current as new integration features become available. It streamlines procurement workflows and expands the enterprise context available to AI agents.
- Accrual automation: Included as part of Zip’s Procure-to-Pay solution, accrual automation uses purchasing and spend data already in Zip to calculate accruals through a deterministic, reproducible engine. AI gathers missing estimates and reduces manual follow-up, while accountants retain full traceability into each calculation and final control over what gets posted. It supports PO-backed spend, virtual card spend, and recurring non-PO costs in one place.
