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VendorInsight

Name: VendorInsight
Rating: 4.5 (2 reviews)

By VendorInsight

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Highlights : About VendorInsight

Query management

Risk management

Records management

Vendor risk & performance summaries

Vendor management lifecycle workflow

Certificate management

Approval process control

Contract management

About VendorInsight

VendorInsight is a web-based vendor management solution, which assists banks, credit unions and financial firms with contract management and risk assessment. Its key features include service level agreement (SLA) tracking, a document library, social media monitoring and alerts. The application helps users manage and archive multiple vendor records and automate performance reviews based on news, regulatory and market data. With its market watch feature, team members can evaluate vendors and manage risk monitoring for clients. Additionally, employees can use the solution to build contract checklists, custom queries and generate reports. VendorInsight includes a profiler feature, which enables supervisors to design relationship templates, classify vendors and assign profiles.

Specifications

Business Size

Startup

Customization

Yes

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Query management

Social media monitoring

Vendor management due diligence services

Policy compliance monitoring

Financial reviews

Information security reviews

Vendor termination management

Risk management

Process dashboard

Audit management

Vendor exchange portal

Records management

Vendor risk & performance summaries

SLA tracking & monitoring

Vendor management lifecycle workflow

Approval process control

Certificate management

Report configurator

Contract management

Collaboration tools

Benefits

Vendor Risk Management Processes

Automated vendor management and monitoring of vendor news, social media, customer complaints, and lawsuits aims to streamline vendor risk management processes.

Automated alerts

Automated alerts immediately remind users of important contract dates and document expirations.

Policy compliance dashboards

Policy compliance dashboards, reports, and due diligence workbench help users keep content up-to-date and compliant.

Collaboration tools

Collaboration tools allow vendor owners, managers, and risk management departments to manage risk assessments, vendor reviews, vendor performance ratings, and policies from a central platform.

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