July 30, 2015 ‐ VendorInsight® announced VRM Pro™ as a service to fully outsource vendor management which enables financial institution’s to focus on enterprise risk. With our services, your institution’s dedicated VRM Pro™ risk manager oversees your program and interacts with management and a team of analysts who perform all your third party due diligence by classifying your vendors, rating their criticality, performing due diligence and keeping all your documentation up to date on your behalf.
VendorInsight® quickly realized the demand for these services in the increasingly more stringent regulatory environment. Most banks and credit unions are finding it more cost effective and much easier to outsource their vendor management program to the trusted expertise of an outsourced provider. VRM Pro™ guarantees you will meet all regulatory requirements and maintain 100% compliance.
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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