The supplier diversity terrain comes with its own set of problems; from deciding which suppliers are acknowledged as diverse, to tracking the use of diverse suppliers,  to successfully fulfilling corporate and government mandates—and the list could really go on.

The problems are apparent and looming, hence the perfectly timed, well-rounded, and recently funded solution: ConnXus.

Founded by CEO, Rod Robinson, ConnXus introduces a cloud-based supplier relationship management platform that streamlines the administration of corporate supplier diversity initiatives. This streamlining allows for small women, minority, and veteran-owned businesses to ease into connecting with Fortune 2000 corporate buyers.

The necessity of ConnXus does not go unnoticed, which is why the company just received $5M in series A funding to accelerate the company’s long-term impact on generating sustainable and diverse supply chains. caught up with Robinson along with COO of ConnXus, Daryl

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Source: Black Enterprise » Small Business