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VendorInsight® Performs On-Site Vendor Visits | VendorInsight®

Posted by Rachel McKenzie on Apr 5, 2019 9:01:15 AM

Let VendorInsight® Perform Your On-Site Vendor Visits

Vendors are increasingly important for banks as they can perform consulting, process transactions, reduce costs and implement controls, all while directing your focus to core business functions and objectives. How many of your bank’s products depend on multiple vendors? How many of your vendors are managing your customers’ private data? For these reasons, regulators have been demanding that banks keep closer tabs on their relationships with third-party vendors.

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Topics: Collaboration, SaaS, VendorInsight, On-site Visit

Similarities Found Between VendorInsight® and Green Icebergs in Antarctica | VendorInsight®

Posted by Grant Karnes on Mar 15, 2019 10:13:55 AM

Similarities Between VendorInsight® and Green Icebergs in Antarctica

 Icebergs are normally blue but some few Antarctic icebergs are green, and scientists may know why.  These icebergs contain high levels of iron and may have a greater purpose.  As the green icebergs float out into the ocean and melt, they deliver the iron to phytoplankton who benefit from it as a nutrient. 

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Topics: risk management, Collaboration, Scalability, SaaS, Big Iron

Delivering VRM Solutions | VendorInsight®

Posted by Rachel McKenzie on Mar 13, 2019 11:47:53 AM

Delivering Vendor Risk Management Solutions

In this current economic climate, risk management is more important than ever. Companies only beginning to develop risk management programs haven’t yet realized the potential benefits of a structured solution for managing vendors. This includes reducing costs and risks while creating a competitive advantage against organizations who aren’t managing their risk.

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Topics: vendor risk management, Cybersecurity, board members, risk assessment, Transparency, Automation, Collaboration, Return on Investment, Stability, Scalability, C-Suite

ROI on Automated Vendor Management | VendorInsight®

Posted by CMPG Risk Solutions on Feb 28, 2019 8:52:44 AM

7 Ways Automating Your Vendor Management Can Deliver ROI


Without a structured vendor management solution, your company is probably losing money every year from overspending on contracts with third parties. A solution to this is optimizing your vendor spend and reducing the amount of staff time spent on management. More and more companies are doing this by automating their vendor management, with options including web apps and cloud-based solutions that can handle most, or all, of these tasks with tools that offer a unique set of features.

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Topics: Third-Parties, due diligence, risk management, risk management simplified, Configurable, Transparency, Automation, Collaboration, Return on Investment, Audits

VendorInsider Blog

Insight into Vendor Management Best Practices, Challenges, Solutions and Trends from Industry Insiders

As one of the longest running and most advanced vendor management software solutions, the helpful people of VendorInsight® have a unique perspective on third-party risk, compliance and management.  In the VendorInsider Blog, we share our insights on timely and relevant issues facing vendor managers.  You can subscribe using the button below, or contact us with questions.

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