Complete Vendor Monitoring
VendorInsight® Reports Record Growth in First Half of 2012

September 12, 2012 –VendorInsight®, the enterprise-class vendor management system from CMPG, announced highlights from the first half of 2012 today, citing strong growth in customer acquisition and increasing market demand for its solutions. VendorInsight® continues its leadership position as the #1 solution for financial institutions, with the most features, best functionality, ease of use, and efficient workflow support for best practices in vendor management.

In May, VendorInsight® received the 2012 ICA Award for the most innovative cloud application. VendorInsight® announced several significant new customers and reported customer growth of more than 38% in the first six months of the year.

On July 28, VendorInsight® deployed new collaboration and workflow capabilities in a new production release, version 4.70, and announced a new vendor monitoring and news service mobile app, VendorINFORMANT™ to deliver mobile risk monitoring content to enterprise risk managers and sourcing professionals. With 4.70, VendorInsight® also introduced VI Intelligent Resources™ - a platform where VendorInsight® customers can purchase a full range of sourcing and vendor management tools, reports, analyses and resources directly through the VendorInsight® cloud application.

The company also cited the growing importance of vendor market risk monitoring and SLA tracking. VendorInsight® continues to be the only vendor management solution that delivers this content to customers directly through its application.

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.

News and Media Contact: 1-833-VRM-EASY