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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

The Hassle of Hiring a Vendor Manager | VendorInsight®

Posted by Rachel McKenzie on Mar 22, 2019 8:57:20 AM

Is Hiring a Vendor Manager Worth the Hassle? 

Whether managing risk in one department or throughout the enterprise, analyzing and selecting the best vendor at the right price, delivered in a timely fashion, is a critical part of the risk management process.

That’s where vendor managers come in. A vendor manager facilitates the relationship between their business and its vendors while meeting contractual obligations and compliance.

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Topics: vendor management outsourcing, SaaS, Vendor Manager, VendorInsight, Lower Costs

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

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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