Craft vs Prewave
Craft
global.craft.co
Prewave
prewave.aiSide by side
| Figure | Craft | Prewave |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 0 | 1 |
| Spec score · Supplier Risk Management Software | 7.7 (#8) | 7.0 (#14) |
| Headquarters | Craft lists San Francisco as its main office location. | Vienna, Austria |
| Integrations | Craft says it delivers intelligence to procurement, ERP, GRC, and analytics systems through its API and native integrations. | Prewave describes API capabilities for connecting to existing systems, including contract management solutions, and mentions supplier relationship management systems and external risk data. |
| Risk coverage | Craft monitors supplier financial health, ownership and control, cybersecurity, regulatory and sanctions exposure, and operational signals. | Prewave says it can detect and analyse risks across more than 200 categories, including ESG, financial risks, labour disputes and natural disasters. |
| Security | Craft says it does not rent or sell user or client data and uses a cloud security program with multiple certifications and protection services. | Prewave says it uses robust security protocols and regular auditing to protect data. |
| What it does | Craft is a supplier intelligence platform for risk, procurement, and supply chain teams to evaluate suppliers, monitor risk, and make supplier decisions. | Prewave turns supply chain risk events across languages and networks into focused, actionable business alerts. |
Plans
In their own words
Prewave
Prewave monitors suppliers and turns supply chain risk events across languages and networks into business alerts. It says high-impact event news can reach users within 60 minutes and that it detects and analyzes risks across more than 200 categories, including ESG, financial risks, labor disputes and natural disasters. Its analysis of local-language text supports risk detection, while predictive analytics can report on events in specific categories before they happen. Users can group suppliers by region or commodity, narrow collections to high-priority suppliers, save them for reuse and view scores updated with live data. Supplier scoping can support reporting for legislation including LkSG, CSDDD and CSRD. The Action Platform supports desk and on-site audits, security and maturity assessments, and engagement measures such as worker surveys. API capabilities can connect with existing systems, including contract management solutions; the company also mentions supplier relationship management systems and external risk data. Prewave is available on the web and through an API. A free plan is listed, while enterprise pricing is on request.