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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

Software User Groups Matter | VendorInsight®

Posted by CMPG Risk Solutions on Jan 30, 2019 3:45:53 PM

Why Having a User Group Matters

Have you ever wished that a piece of software could be updated and tailored as your organization’s needs change? Most industries today are constantly evolving as technology is accepted and integrated. This is why choosing a vendor management software tool that has a user group is so important. User groups provide valuable insight into customer needs and improve the software for everyone involved.

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Topics: vendor reviews, vendor risk management, Configurable, User Groups, Conference

Custom Vendor Management Reports | VendorInsight®

Posted by Ryan Fox on Jan 17, 2019 10:07:08 AM

Custom Reports:

If You Collect Data on It, You Can Create a Report for It

No two companies are exactly alike – in the way they operate or in the way they manage their vendors. The same is also true of a company’s reporting needs. One leadership team may have a different priority or consider a different metric to be mission critical. Regulatory teams or auditors may ask for data based on their current priorities.

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Topics: vendor reviews, vendor risk management, Configurable, Reports

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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