Vendor Management App

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Financial institutions large and small rely on many vendors. All vendors require some level of oversight. We have simplified vendor management by automating vendor contract review, vendor audit requests and review, independent vendor audit, and performance oversight.
Here are the Vendor Management App highlights:
- Closely monitor vendor performance with service level agreements
- Schedules lending department to perform vendor financial reviews annually
- Monitoring vendor performance and financial stability watch list
- Third party vendor audit review
- SAS70 requests and review process is included
- All SAS70 and other independent audit exceptions are presented to the Board
Jim gives an overview of the challenges this App addresses in Control
Tv Episode #4
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