[April 24, 2015]

Hiperos Selected to Spend Matters Almanac's '50 to Know' List of Companies in Procurement Sector

Hiperos, an Opus Global company and the leading provider of third-party management software, today announced that Spend Matters, a global content community dedicated to examining a range of procurement and supply chain issues, has named Hiperos to its "50 to Know" list of market-leading providers in the procurement sector for the second straight year.

Within the 2015 Spend Matters Almanac, the "50 to Know" list includes a selection of solution providers that are "worth knowing or taking a look at," as chosen by the Spend Matters team. The Almanac and "50 to Know" list serve as an important resource for enterprise procurement practitioners, contract management professionals, advisors and consultants worldwide.

"Spend Matters is pleased to include Hiperos among our 50 Providers To Know," said Thomas Kase, vice president of research at Spend Matters. Hiperos is the supplier performance management company that was first to recognize that the real business value comes from successfully managing relationship risk not merely delivering a software solution -- and that third-party management is where the true value proposition lies, as opposed to the IT-centric view of supplier lifecycle management. The company has successfully elevated the relationship risk discussion above the previous feature/functionality approach to enable more effective risk management for corporations in their third-party relationships."

Hiperos provides software solutions that transform how companies manage third parties and third-party relationships. It uniquely addresses the dynamic nature of third-party relationships to protect customers' brand and revenues. Employees attain control to implement, enforce and pro-actively improve third-party processes and respond to changes in the third-party environment. Technology and automation are leveraged to optimize processes and resources to drive down costs.

"Having Hiperos included in Spend Matters Almanac's 50 to Know list of vendors shows that third-party management itself is emerging as a top priority for procurement and supply chain professionals," said Greg Dickinson, CEO of Hiperos. "We are delighted to be included among this respected list of companies for a second straight year."

About Hiperos
Hiperos, an Opus Global company, is the leader in Third-Party Management software connecting over 340,000 third parties to many of the world's largest companies across a range of industry verticals including energy, financial services, manufacturing, real estate, pharmaceuticals, and technology. The company's flagship product, Hiperos 3PM™, is the only solution in the market that is purpose-built to simultaneously minimize the risks of using third parties while maximizing the value they provide. Implemented by the global 2000 and business consortiums to address their expanding third party management requirements, Hiperos 3PM™ has become the industry's most widely used SaaS (News - Alert)-based solution. The winner of industry awards and accolades for the proven value and low cost of ownership it delivers, Hiperos 3PM™ enables companies to protect their brand and revenues by implementing an automated, consistent approach to third party onboarding, measurement, monitoring and controls, throughout their lifecycle. Hiperos' clients include many of the world's leading companies such as Aetna, Alcoa, AON, Arrow Electronics, Astra Zeneca, AXA, Baker Hughes (News - Alert), Bank of Montreal, CA Technologies, Charles Schwab, Fulton Bank, Halliburton, Huntington Bank, JLL, Kellogg, Kraft Foods, Mondelez, Microsoft, News Corporation, NY Community Bancorp, Peabody, PNC (News - Alert) Bank, Rockwell Automation, Sun Life Financial, State Street, TD Bank, United Technologies and Zion's Bank. For more information, visit http://www.hiperos.com.

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