Zip Unveils Risk Orchestration Tools

Zip released Zip for Risk Orchestration, a new solution that brings Zip’s orchestration capabilities to supplier risk management, enabling global enterprises to streamline supplier risk assessments, financial verification, and regulatory compliance to mitigate risks related to fraud, security breaches, and costly enforcement actions.

“As we expanded into EMEA and saw 200% growth, we noticed something unexpected – customers were already using Zip to orchestrate third-party risk in ways we hadn’t designed for,” says Rujul Zaparde, co-founder and CEO of Zip. “The demand is clear: businesses need a better way to handle risk across finance, compliance, and security, but existing solutions are fragmented and inefficient. So we’re turning what customers are already doing into a purpose-built solution. Just as we transformed procurement orchestration, we’re now helping businesses proactively manage regulatory and operational risks worldwide.”

Key takeaways:

• With Zip for Risk Orchestration, businesses can move beyond reactive risk management to a proactive, AI-driven approach to compliance.
• Key features include automated bank account verification and tax ID validation (TIN, VAT) to ensure payments go to legitimate entities; a single source of truth for compliance data, contracts, and risk scores; structured approval paths for faster, audit-ready decisions; automatically assigning risk levels to suppliers based on industry, location, and regulatory exposure; staying compliant with evolving regulations through regular monitoring that surfaces red flags before they disrupt operations; and audit packages and reports to meet regulatory requirements any time.