March 31, 2014 ‐ VendorInsight® announced today the release of Version 6.4.0 of its class–leading web based vendor management software solution bringing new features to its rapidy–growing list of customers. VendorInsight® is utilized by more than 100 companies to comply with expanding regulatory requirements and growing enterprise risk management business needs. Vendor management software for banks and enterprises must meet stringent requirements and deliver a full-array of rich features, easy-to-access content and automated workflow tools to ensure that vendor reviews like information security, SSAE16/SOC2, and BCP/DR assessments can be completed easily and be kept up to date consistent with regulatory guidance and vendor management policy requirements.
With the release of VendorInsight® 6.4.0, integration of the turnkey due diligence services provided by VendorInsight® is seamless. Customers benefit from expanded due diligence services that include document retrieval, RFP templates, control audit review and financial assessments of vendors. Version 6.4.0 introduces new vendor logging and tracking/remediation, workflow controls and authorization locks to support both centralized and decentralized implementations. New user interfaces make VendorInsight® the leading web based vendor management software platform that consistently receives the highest ratings for features, performance and ease of use. VendorInsight® leads the industry with the most complete set of vendor management tools in one place and is a system that is scalable from value-oriented configurations for smaller organizations to advanced, full-featured implementations for large companies.
VendorInsight® is a subsidiary of Cost Management Performance Group, LLC (CMPG), based in Blue Ash, OH. VendorInsight® delivers the industry's most sophisticated and easy‐to‐use vendor management solution, backed
by CMPG's leadership, expertise and exceptional customer service, to help companies manage third party and vendor risk and improve operational performance and compliance. CMPG is a leading professional services and
software company that provides strategic profit enhancement and process development programs for financial institutions and other Fortune 500 companies in the U.S.
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