VendorPoint™ means vendor management with unprecedented ease of implementation and control, automatically measuring and monitoring the five most relevant risk categories:

• Compliance
• Country
• Credit
• Operational
• Reputational
• Strategic
• Transactional

Additional advantages include:

Automated Workflow

Once configured, VendorPoint™ knows who is responsible for each compliance task, and keeps teams moving forward. Organizations large and small no longer have to make assignments on the fly. You can even dedicate product teams to each product and rest easy knowing that those teams will stay on task.

Simplified User Interaction

Completely customizable, VendorPoint™ allows you to tailor dashboards to display information that best suits each area of concern. Supervisors can roll up a high-level, comprehensive view; managers can zero in on their specific responsibilities – and all without contacting a help desk.

Information Filtering

VendorPoint™ lets you automate the vendor inquiry process. Questionnaires can be customized to maximize efficiency. It’s even possible to create conditional questions that are only presented when necessary. Questions are filtered based on a product’s criticality, and answers are easier to track and trend. This accelerates the Q&A process, saving time, and ensuring on-time delivery.

Contract Tracking

VendorPoint™ eliminates unwanted contract auto-renewal by automatically notifying appropriate contacts with escalating urgency as deadlines approach. This gives you ample time to opt out of unwanted contracts. VendorPoint™ clients consistently praise this feature for delivering substantial savings and immediate ROI.

Worry-Free System Enhancements

VendorPoint™ Software refinements and updates occur automatically (and at no additional charge), meaning continual enhancement for your vendor management solution.

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