An effective Vendor Management Program includes ongoing due diligence of vendor relationships. VendorPoint™ includes a due diligence questionnaire that addresses all the major considerations required during the identification and monitoring phases. These areas include:

• Product / Service Overview
• Corporate / Financial Due Diligence
• Contract Terms
• Quality of Service / Service Level Agreement
• Security, Programmatic and Technological
• Controls, Verification and Validation
• Offshore Processing and Storage
• Insurance
• Legal, Transactional, Reputational, and Compliance Risks
• Termination

You may use the template questionnaires, modify sections or specific questions, or incorporate your own details. VendorPoint™ is flexible to meet your needs.