VendorINSIGHT's® online vendor risk assessment tool is flexible, customizable and designed from training materials for bank examiners.

VendorINSIGHT® enables you to integrate your existing vendor policies into the program. Use your current vendor risk assessment or one of our proven templates that complies with the most rigorous FFIEC examination standards. The online vendor risk assessment module enables you to customize the scoring and weighting to help differentiate between the inherent risk of your vendor relationships and the controlled, or managed, risk.
Vendor risk assessments are automatically initiated by the system so you can easily keep risk ratings updated for their vendors. When risk ratings expire or when new vendor relationships require a risk assessment, users are alerted to complete a risk assessment. The vendor risk assessment module is fully integrated to the user dashboard, to the contract records, and to the vendor relationship document repository for seamless management of your vendor relationships.
Vendor risk management has never been easier than with VendorINSIGHT's® vendor risk software.



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