Experience The Benefits Of A Consolidated Vendor Database
Give everyone in your company access to a current, official vendor list
All relevant company personnel should have access to see your vendor information. No more having to email a person asking for info, or having to wade through an Excel worksheet only to find out their info has been updated in another location.
View a comprehensive one-page vendor report
Each vendor has their own page that details:
- Basic info — name, status, phone, fax, addresses, assigned owner
- Third party documentation — expiration date, related info & links to documents
- Insurance policies — expiration date, related info & links to documents
- Contacts — name, title, phone, email & notes
- Due diligence reviews — review frequency, next review date, links to past reviews
- Risk assessments — review frequency, next review date, links to past reviews
- Performance reviews — review frequency, next review date, links to past reviews
- Incidents — list of previous incidents for this vendor
- Competitors — name & notes of possible replacements for this vendor
- Comments — users can post quick notes on the vendor
With this one page, any user can quickly grasp who the vendor is, what they do, who's responsible for them, and how well they've been managed and monitored.
Use as your vendor contacts rolodex
You can enter multiple contacts per vendor — such as Account Manager, Tech Support, Project Manager. Quickly find a contact's info by searching for their name in the global search box. Or create a custom report that lists your vendors and their contacts.
Keep your important vendor documents up-to-date
When you enter a new vendor relationship, you typically collect documents from the vendor, notably proof of insurance & any third party documentation such as an SSAE 16 or SAS 70.
With VendorRisk, you can upload these documents and specify expiration dates, and you'll receive email reminders leading up to the expiration date, so that you can contact the vendors and request the latest versions.
Receive automated email reminders for...
- Upcoming due diligence reviews
- Upcoming on site reviews
- Upcoming risk reviews
- Upcoming performance reviews
- Upcoming third party document expirations
- Upcoming insurance policy expirations
Examples of reports you can run, save & export...
- Active vendors with a high-risk level
- High-risk vendors with an insurance policy expiring in the next 3 months
- New vendors added to the system in the past month
- Vendors in a specific category that have a risk review occurring in the next month
- High-risk vendors owned by a specific user that haven't had a review performed in the past 6 months