While vendor management is an ongoing process, you’ll need to show your Board and examiners the results of all your hard work. We’ll help you get prepared for your exams and Board presentations.
Our vendor examination preparation service includes:
When your examiners are onsite, we stand ready to help you answer their questions, pull additional reports, even create docs on the fly, etc. And should they have follow up questions or recommendations, we’ll help you get those resolved, too.
Let us do your vendor risk assessment, gather and review your vendors’ due diligence documents, and prepare your Board and examiner reports for you. Examiners love having a third party review of your vendor management program.
We are in the vendor evaluation business, so we are evaluating all aspects of the major vendors every day. Not only do we review vendor financials and attend vendor earnings calls, but we meet with vendor executives every Friday to get product, company and security updates. We track vendor wins and losses , monitor changes in market share , evaluate their products and know about problems before they’re public.
Many competing vendor management software and services are actually resold by your moderate to high risk vendors .
This means they will only share publicly available information. We on the other hand are Gonzo and share non-public vendor dirt every day, all day.