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VendorINTEL™ automation enables you to manage your vendor contracts and associated documents with ease. Contracts can be viewed by properly-credentialed individuals in your organization or you can enable restricted special auditor or research credentials for special projects so your contractors or employees can access only certain types of documents.
Built around best practices in vendor management, the contract monitoring and alerting systems in VendorINTEL™ work seamlessly and automatically. You can fully customize alerts using our alerting matrix so the right people get the alerts that are important to them. Look forward and see when critical alerts are coming or review a history of alerts received if you've just inherited a vendor relationship and are responsible for managing it.
VendorINTEL™ delivers unparalleled features that make our risk assessment one of the best in the industry. We start by giving you a best-practices template - one utilized by countless VendorINTEL™ customers who have passed examinations and audits with ease.
You can retain a library of assessment questions, modify or add new risk dimensions to your assessments at any time.
The Risk Narrative Datasheets in VendorINNTEL™ unique in that they establish a risk narrative profile for each vendor and are queryable and searchable for content and completion. Risk narrative profiles are customizable and can be tailored to your unique needs which can extend the data in VendorINTEL™ into many other ERM (enterprise risk management) arenas.
With the Report Configurator in VendorINTEL™ you choose how you want the report generated, sorted and presented. From detailed PDF reports to executive summaries, to outstanding action and items reports, to fully customizable Excel data exports you will find the reporting features in VendorINTEL™ to be exceptional.
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VendorINTEL™ easily allows you maintain unlimited vendor contact information for each individual vendor contract record. Vendor contact list can be used for easy collaboration with vendors on risk assessments and document update requests.
Enable collaborations and set allowable completion times for risk assessments. Even enable custom workflow notes for different credential levels. The VRA, by necessity has control and automatic logging of responses and respondents. You can even share risk assessment questions with your vendors and request they complete certain parts of the VRA form using the collaboration workflow and reporting.
We have helped more than 100 banks and bank affiliates set up their vendor management programs with VendorINTEL™. We get you started on the right track by doing a review of your vendor policies and helping you update them.We will make recommendations about your policies, how they should be revised, and even draft a new policy for you if needed.
VendorINTEL™ comes with an easy to use and powerful note and remediation log. For each individual contract you can enter notes, issues and follow up with remedies. You can keep and monitor and accurate history for each vendor contract.