Alternatives to Creative Vendor Management

Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings — faster than you think. - Procurement: Strengthen supplier relationships, centralize contract storage, and simplify employee requests. - AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control. - Spend Management: Effortlessly track budgets across multiple locations and departments, control expenses, and create reports for actionable insights. - Supplier Management: Streamline vendor onboarding and approvals to minimize potential risks. - Integrate Precoro with ERP systems and business tools like NetSuite, QuickBooks Online, Xero, and Sage, or create custom connections with a free API. Say goodbye to duplicate payments and manual document processing. Precoro’s intuitive interface ensures onboarding in under 6 weeks - without IT involvement. Customize, scale, and manage with ongoing support from your dedicated Customer Success Manager (CSM). Keep all your data secure with SSO and reliable 2-factor

GRC solution for technology-focused SMBs and Enterprise Information Security Teams. StandardFusion eliminates the need for spreadsheets by using one system of record. You can identify, assess, treat and track risks with confidence. Audit-based activities can be made a standard process. Audits can be conducted with confidence and easy access to evidence. Manage compliance to multiple standards: ISO, SOC and NIST, HIPAA. GDPR, PCI–DSS, FedRAMP, HIPAA. All vendor and third party risk and security questionnaires can be managed in one place. StandardFusion, a Cloud-Based SaaS platform or on-premise GRC platform, is designed to make InfoSec compliance easy, accessible and scalable. Connect what you do with what your company needs.

Moxo’s service orchestration platform revolutionizes complex B2B interactions by delivering seamless and efficient experiences. Inefficiencies and risks often arise when business processes are scattered across departments, clients, vendors, and partners. Moxo eliminates these challenges by unifying workflows—transforming fragmented operations into streamlined, cost-effective solutions that boost client satisfaction. Moxo platform accelerates essential tasks such as client onboarding, document management, and exception resolution. The outcome: quicker process completion, minimized compliance risks, and exceptional client experiences. Trusted by industry leaders in financial services, consulting, legal, healthcare, and real estate—including Citibank and BNP Paribas—Moxo powers the orchestration of mission-critical business relationships.

The SBS QMS Suite consists of 5 software modules that work together for efficient Quality compliance: SBS Quality Database - CAPA / 8D corrective and preventive actions (CAR) with root cause analysis - Nonconformance management - Risk analysis including FMEA, SWOT, interested party risk register - Internal, customer, and third-party audit management - Environmental Health and Safety (EHS / HSE) management SBS Ground Control - Employee training management (LMS) - Self-Paced training - Document control SBS Asset Tracking Database - Calibrated equipment control - Preventive maintenance - Asset inventory management SBS Inspection Database - Record incoming material, in process, and final product inspection data - Generate real time SPC charts - Inspection plans and Control Plans - Archive data for further statistical analysis SBS Vendor Management - Maintain an approved vendor list or AVL - Develop vendor / supplier qualification plans - Maintain vendor / supplier qualification history Modules may be purchased separately or in any combination.

Vendorful offers a range of solutions for vendor management and e-sourcing. The platform simplifies complex processes and eliminates "busy work". It also reduces risk and delivers strong ROI. Modules include e–Sourcing and Reverse Auctions, Vendor management, Vendor Scorecarding (Contrac Administration), and Compliance Questionnaires. The product's easy-to-use interface and automated data aggregation replace cumbersome Excel spreadsheets or shared drives. Vendorful is an API-first product that can be integrated into a variety of other systems such as ERPs, finance systems and ERPs. Vendorful is available in both public and private cloud configurations and serves SMEs and enterprises in verticals such as Financial Services, Not-for-Profit and Higher Education.

We'll be with you from your first conversation through to the full adoption of our software and ongoing support. Our NetVendor licensed real estate agents are dedicated to managing vendor credentials by ensuring compliance with COI and managing vendor risk. NetVendor maintenance simplifies property management with features such as mobile maintenance, resident notifications, and digital inspections. We can help you create digital workflows that are standardized for everything from work order and inspections, to vendor registration and risk management. No matter how big or how dispersed your vendor network is, you can easily monitor it. For vendors, we will show you how to be a vendor of property management companies. Our platform is built around resident engagement.

Overnight, you can reduce the time spent managing third-party contractors by 70%. Our software makes it easier to collect, manage, and re-qualify mandatory Contractor requirements (such insurance certificates). Are you ready for an audit? Are you preparing for an audit? Contractor Compliance is easy to set up and will save you hours each week.

RemoteComply System, a cloud-based software platform, is intuitive and easy to use. It stores and maintains all information necessary to support Operational Risk Management. Standard reports are available. RemoteComply includes 6 integrated products. RemoteVendor, a vendor management system, evaluates vendors on FFIEC regulations. RemotePlan is a business continuity plan system that stores all company information to create a comprehensive business impact analysis. RemoteNotify is an alert notification system. It can send mass notifications via email, text, or audio to individuals. RemotePolicy, a document management system, manages all aspects of maintaining policies and procedures, including tracking, distributing, and authorizing documents. RemoteProfile is a risk management tool that manages the organization's assets.

ClearOPS assists buyers and sellers to manage their vendors and meet due diligence requirements. ClearOPS is a third-party risk platform that covers the full circle. ClearOPS allows you to track and monitor your vendors, upload evidence and send assessments, and respond directly to customer's vendor management processes. Vendor security questionnaires can be like a hot potato. No one wants to complete them. Our A.I. Our A.I. takes the first pass, saving you a lot of time. You don't have to worry about the information about your business being lost. Now that you have won the customer, what do you do? You have to keep them. We are passionate about maintaining healthy trust. ClearOPS keeps your privacy and security information up-to-date and easily accessible. Simple third-party risk management solution. Empower your colleagues and evaluate your vendors on your own schedule.

Venminder has all the features that you need to manage third-party risks effectively. To determine which vendors need attention, complete inherent risk assessments. With dedicated workspaces, you can streamline the onboarding, ongoing management, and offboarding of vendors. Our purpose-built configurable platform software allows you to manage each stage. Risk assessments are a vital activity that you should complete on vendor products. They provide information about the risk that a product poses to your company. Venminder allows you to create custom risk assessments, invite unlimited users to contribute, set scoring preferences, and create clear and concise risk rating and reporting reports. Other features include template creation, progress monitoring, and residual risk capabilities.

RiskRate by NAVEX is a third-party compliance and risk management solution. RiskRate allows users to monitor vendor diligence and reduce high risk. RiskRate, a part of the NAVEX One GRC platform allows users to perform third-party background checks. RiskRate provides users with a risk management system that includes centralized screening, onboarding, and third-party monitoring.

VendorPanel, a source-to-contract procurement platform, is used by state and local governments, procurement aggregators, and corporates. The SaaS platform enables organisations to simplify procurement, reduce risk, maximize savings, and drive positive social outcomes. -- Decentralised sourcing -- Tenders, panels and prequalification -- Supplier discovery & management -- 50,000 Marketplace suppliers -- Social procurement -- Local economic development Analytics & Reporting -- APIs

Requis is a cloud-based platform that connects buyers and sellers of industrial materials. Requis digitizes procurement and sourcing activities and consolidates supplier information in a crowdsourced solution. It is a one-stop shop for procurement professionals, suppliers, vendors, and collaborators to complete procurement and environmental, social, and governance (ESG) activities. These features make it easier for businesses to find the best suppliers, negotiate better prices, and improve their ESG performance.

Vendor Relations Enabler provides a flexible and cohesive platform for engaging, evaluating, and enabling vendors. It gives a complete view of vendor activity, performance, scorecards, and self-registration. VR Enabler, a web-based system, automates collaboration and management of vendor information exchange between buyers organizations and vendors. It also provides tools to help vendors evaluate and manage themselves more effectively. The Vendor Registration functionality automates collecting vendor information, including detailed capabilities, and maintaining such vendor profile data. Vendor Registration is designed to make registration easier and reduce costs for all involved. It also provides an industry-specific vendor list. All departments will require basic information from the vendor registration.

Third party risk management (TPRM), is a structured approach to manage and control risks that may arise to an organization from third parties. Third parties include: Customers, Vendors, Counterparties and Fourth Parties. Third-party relationships can pose a significant risk to an enterprise. Companies have been forced to pay more attention to potential cyber-related risks due to regulatory pressure and the proliferation of third-party partners. They allow companies to be competitive and flexible in a global business environment. These relationships allow companies to delegate tasks so they can concentrate on their core competencies. The benefits of third parties can also come with risks that pose serious threats to a company, such as cyber attacks, business continuity challenges, and reputational damage.

Vendor360 CENTRL's Vendor Risk Management Software streamlines the entire lifecycle of managing 3rd party risks. Vendor360's centralized, easy to use workflows and powerful internal and outside collaboration capabilities provide you with the tools and information needed to identify and manage third party risks at all stages of an organization's vendor-life-cycle. Third party risk management platform that is flexible and advanced. It allows you to automate your assessments, aggregate your vendor data and take control of your vendor risk management processes.

VendorInsight, a web-based vendor risk management solution, is an award-winning product. It is suitable for banks, credit unions, and financial institutions. VendorInsight provides a wide range of powerful tools and workflow automation to help you automate your vendor management processes. It also helps you strengthen your vendor management programs. It provides a searchable archive, a vendor exchange portal, forms, documents, and checklists management.

Partner Portal automates your vendor management cycle, from vendor onboarding & qualifications to procurement and shipment tracking with EDI capability to billing & accountancy. Streamline the entire procure-topay process to prevent supply disruption. Get the intelligence you require with unmatched visibility and real time data insights. Manage all your vendors, franchisees, partners, and suppliers on a single platform. Approvals will make your procurement process easy to track. Reduce vendor onboarding requirements with vendor performance ratings for risk assessment. Portal for vendor management with self-service capabilities. Digital platform that is beneficial to vendors with or without online presence.

To reduce the burden on your company's employees and vendors, simplify your vendor risk management program. Standardize the process for locating third- and fourth-party vendors. Keep track of vendors that pose a risk to you company. Protect your company from any vendor-related risk and protect it against regulators, lawyers, and customers in the event of a breach. SecurityStudio is different from other vendor risk management tools. It doesn't just communicate risk. SecurityStudio provides an automated workflow that evaluates all third-party vendors. It then brings your weakest links to light. You can then accept, reject or request remediation for each vendor.

Some of the most prestigious Tier 1 VC firms in Silicon Valley trust Proven. It shouldn't take much to find the right companies to work for you. Proven helps you build relationships with trusted suppliers and vendors that will help you make quick buying decisions. Proven is the answer.

Vendorly, a vendor management platform, helps you meet the OCC's and CFPB's third-party risk management regulations. Vendorly and your internal team can manage our vendor oversight services. SIMPLIFY OVERSIGHT - Consolidate and centralize all your vendors in one repository using an intuitive SaaS-based solution. It also offers best in class operational support. RISK MANAGEMENT - A seamless integrated fraud prevention tool that helps to reduce third-party wire fraud risks in the lending and banking industries. POWER OF THE NETWORK - With more than 60,000 registered vendors, our network brings new efficiency from real-world experience.

Entrio's platform gives you visibility and insights into both existing and future vendors, helping you to reduce costs, mitigate risks, and make the most of your enterprise stack. With granular visibility on each vendor and enriched data, Entrio is your single source of truth to manage your cloud and enterprise stack. Our easy-to-use dashboard allows you to monitor real-time vendor insights. Receive daily alerts about functional duplications and product updates. Also, receive alerts about vulnerabilities, certifications and more. Utilize network analytics and peer benchmarking to improve enterprise stack performance and reduce costs. Track vendor health KPIs to mitigate and manage your risk. Entrio's open APIs, native integrations and webhooks allow you to quickly and easily connect to any system. This allows you to focus on optimizing your stack and upgrading it right away.

BlueSky Medical Staffing Software allows users to manage their productivity, labor costs, and more. Software that is completely vendor-neutral, with integrated recruiting functionality, staff scheduling, competency testing and compliance management, payroll, billing, time logs, attendance, custom dashboards and permission control.

ProfileGorilla is a pioneer in vendor management innovation. It offers award-winning, market-proven solutions to help companies simplify their Vendor Management processes, reduce risk, increase profitability, and improve operational excellence. ProfileGorilla and its Service Provider ecosystem allow companies to revolutionize how they recruit Vendors, keep their credentials, and differentiate themselves from other companies. ProfileGorilla is the Insurance Industry’s top expert in both best practices for credentialing and State-by-State compliance. We provide support for our clients throughout North America.

Automated RFP management allows specialist consultants to manage RFP and vendor selection projects for clients. Comprehensive tools for advanced vendor evaluations. Scoring, weighting and commenting are all possible. Support for large (3,000+ question) RFPs. Hierarchical weighting. Multiple weighting & scoring sets. PostRFP's software is easy to use, has an intuitive interface, excel import and is quick to set up.

XLS VendorRating provides the ultimate software solution to measure and assess the performance of suppliers using pre-defined criteria. You can quickly create a report showing you the supplier's performance in a glance after the assessment. The software creates assessment criteria, constructs questionnaires and performs measurements. It also interprets the results. The software performs measurements quickly, saves the results, and can be consulted any time. These measurements will help you to see both the strategic and tactical picture of your supplier's performance. XLS VendorRating performance data is saved and processed so that management can easily assess the services provided. The software allows users of the services at the operational level to be involved in the decision-making process. This gives a clear picture of the current situation within the company. XLS VendorRating can be customized to suit your needs.

Prevalent Third-Party Risk Management Platform enables customers automate the critical tasks of managing, assessing and monitoring third parties throughout their entire life cycle. This solution integrates the following capabilities to ensure that third parties are compliant and secure: * Automated onboarding/offboarding * Profiling, tiering, and inherent risk scoring * Standardized and custom vendor risk assessments, with built-in workflow and task management * Continuous vendor threat monitoring * A network of completed standardized assessments, and risk intelligence members. * Compliance and risk reporting * Management of remediation Expert professional services are available to optimize and mature third party risk management programs. Managed services can be outsourced to collect and analyze vendor assessments.

A cloud-based community platform that minimizes risk, ensures compliance and strengthens supplier relationships streamlines the process of vendor accreditation, on-boarding, rating, and rating. Vendor accountability can help you improve your procurement effectiveness and transform your supply chain performance. Causeway Supplier Management is an online tool for managing suppliers and subcontractors. It helps to reduce risk and improve efficiency in accrediting and managing supply chains. It also helps to select the most qualified suppliers based upon a variety of criteria. Causeway Supplier Management is used by the largest construction companies. It allows you to share and capture performance information, which can be used to improve contract execution and build closer working relationships with the right people. It is extremely configurable within Tradex to meet individual company requirements.

Vender management , creator Anders Norremo. Excellent software. To track vendors and their security weaknesses/strengths. Service is also available if you pay.

Ncontracts offers powerful risk management and compliance solutions for financial services companies. Founded in 2009 by a regulatory attorney with years of experience in the banking industry, we work with over 4,000 companies in all 50 states to manage risk and compliance. The Ncontracts suite of solutions covers every aspect of risk and compliance management, from strategic to tactical. Choose modules for your specific needs -- or build an integrated, comprehensive system that creates efficiencies across your organization.

Ensure that you have multiple partners of high quality for each element critical in your supply chain. Store, manage, and access information in a central repository that is easy to use. VendorConnect offers full visibility of the supply chain and tracks products, from production to delivery. Businesses can gain a clear overview and manage risks better for product quality.

Every month, as a buyer of commodities, you send out many quotation requests. It takes a long time to talk to multiple vendors, give them your requirements, collect their quotes, compile all responses, then negotiate. You lose money because it takes 2 or 4 or even 10 extra days to complete certain requirements. AuraVMS assists you in collecting and comparing quotes. It's as simple as that! You simply add your suppliers to the system with a few details. You can now send quotation requests via multiple channels, including Emails, WhatsApp and more. You can concentrate on negotiation when you use AuraVMS for collecting and comparing quotations.

SimplifyVMS, a leading provider in advanced workforce management solutions offers a comprehensive Vendor Management System designed for extended workforce. The platform provides total talent visibility and allows organizations to source talent efficiently through multiple channels, while maintaining robust compliance. SimplifyVMS integrates BI insights to streamline hiring, onboarding and operational efficiency. SimplifyVMS is trusted by renowned brands because of its innovative technology and exceptional customer service. It delivers a seamless integrated solution that addresses the complexity of modern workforce management.

Broadleaf can help you select and implement the right VMS platform to suit your company. Broadleaf works with the most respected VMS platforms today and draws on decades of experience to help you design, configure, deploy, and maximize all the benefits that a VMS can offer. Our teams offer the highest level of service, from implementation to steady-state operation. We are experts in each VMS' technological nuances and value-add service. This allows you to save money, improve process compliance, increase efficiency, and continue consulting throughout your partnership. Broadleaf has been using its own VMS for more than 25 years. This allows us to partner with third-party vendors management systems providers.

Aravo's flexible, automated workflow automation and AI decision-making support can help you harness the power of Aravo. Our award-winning Saas platform will allow you to be agile in a changing regulatory and business environment. We have the right solution for you, whatever your program size, budget, and maturity. Our unparalleled experience in delivering third-party risk management programs that have been successful for some of the most respected brands in the world is your advantage. No other provider offers the same coverage as us, including third-party management, supplier risk and performance, and IT vendor risk management.

The Diligent One Platform, formerly HighBond by Diligent, is a GRC platform designed by experts in the industry to improve IT security, risk, compliance and assurance. Built by industry professionals who wanted to improve the way they work. Diligent One Platform streamlines collaborative work across organizations, automates tedious tasks, and delivers the best practices through a seamless interface powered by ACL Robotics. Diligent One Platform consists of several products, each of which covers a different aspect of your organization's governance. These products form the HighBond collective software platform. The Diligent One Platform, the only unified platform designed to centralize all board management and GRC functions is the only solution that can do this. Get a consolidated overview of risk in your organization. Curate it and deliver it to the board so they can take better decisions.

ISPnext's Business Spend Management solutions directly increase the financial impact for more than 400 organizations. Business Spend Management (BSM) is a platform that allows you to automate invoice processing, reduce risk, and improve supplier relationships for your entire organization. Our solutions will help you to secure the entire source-to-pay process and achieve sustainable operations quickly. Need more insight and control over your spend? Are you looking for seamless integration with your existing ERP system? Start optimizing your spend, adopting more efficient processes, and reducing risk. Source-to Pay is the end-toend portfolio for your business. Manage all expenses and processes for your organization. One platform for: Vendor Management and Sourcing; Contract Management, Procurement; AP Automation; Spend Analytics, and more.

SecurityScorecard has been recognized for its leadership in cybersecurity risk ratings. Download now to view the new cybersecurity risk rating landscape. Learn the principles, processes, and methodologies behind our cybersecurity ratings. To learn more about our security ratings, download the data sheet. Freely claim, improve, and track your scorecard. Make a plan to improve your weaknesses and understand them. Get started with a free account. Get a complete view of your organization's cybersecurity posture using security ratings. Security ratings can be used for a variety purposes, including compliance monitoring, risk and compliance monitoring and cyber insurance underwriting. Data enrichment and executive-level reporting are just a few examples.

Enlighta's SRM & TPRM platform. Data driven insights for planning and effective decisions. Role- and user-configurable landing-pages and dashboards for Risk and Compliance, Spend, Forecasts Scorecards, Service Levels, and more. Smart Search and Document Library. Why dig through contract documents and amendments to get access to current Pricing, SLAs, Renewal Dates, Key Terms, Deliverables/Obligations? Enlighta makes it easy to search and access current data in a role-based, secure web solution. Automated reminders and expiry notifications. Automated Contract Data Extraction. Step 1. Step 1. Step 2. Step 2. Step 3. Step 3. Automated extraction key terms, dates and D&Os, SLAs etc. Step 4. Step 4. Access key information and your activities quickly and easily. One System of Truth for Vendor Managers and Business Managers. Finance Managers, Contract Managers and Risk & Compliance Managers. Supplier Users.

Stakeholder trust is earned by reporting and disclosing the actions taken to drive sustainability for people and planet. It also enhances an organization’s reputation and helps identify future risks and opportunities (materiality). iSystain's Sustainability Reporting solution offers a framework to set performance goals and define the quantitative and qualitative data required for analysis and good decision making. The solution includes management tools such as workflow, data status monitors, alerts, import facilities and flexible reporting options. You can also track your progress and activities with data analysis views. All organizations must manage their environment, health, and safety risks. Reporting performance metrics proportionately to business risk gives assurance that risks are being managed. It also has co-benefits like increased productivity, innovation, and cost savings.

Counself Risk™, designed for legal, makes onboarding simple and ensures that due diligence is done correctly. Counself has a library of best-practice forms, questionnaires and documents for the legal industry. This will make it easier to streamline your compliance gathering and monitoring. Counself RFP™, which compares AFAs, helps increase price predictability and optimize costs for your legal department. You can host sealed bidding events, conduct conflict checks, attach custom forms, and documents to request information to as many firms as you wish, securely and separately. Because we know how important your data is, we place data security at the heart of everything we do.

Food Safety Software allows for cost-effective transformation in food safety, NPD and customer complaints, as well as supply chain transparency. Our food safety software includes VACCP/TACCP and horizon scanning to help you save time and complete consistent, auditable risk assessment of suppliers and products. You will never be audited in non-conformance and you can be audit-ready 24 hours a day. Transform specification management for raw materials and finished products, and answer customer queries instantly. Automate supplier quality monitoring and internal non-conformance management using automated workflows. This will ensure that non-conformances are promptly closed. Our team will manage all complaints using market-leading software. This will save you time, money, and improve customer service. You can launch new products faster and better together, while still meeting all safety, legality, and profitability requirements.

A web-based software suite for medical device companies that automates their processes and simplifies regulatory compliance. Modules include Audit Management, CAPA and Complaint Handling. Designed from the start for ISO 13485 compliance and 21 CFR Part 11 compliance.

Beeline was designed to address today's and tomorrow's workforce challenges. Beeline, a data-driven platform that incorporates innovative technologies such as artificial intelligence (AI), big and machine learning, is the only Extended Workforce Platform capable of fully automating your talent acquisition and contingent workforce management. Beeline's powerful embedded analytics transform data into insights that will help you make better workforce management decision. Are you ready to have an audit that covers all contingent workers What level of risk, overspending and supplier shortfalls is your company currently exposed to? Anything is possible when motivated teams work together. We are proud of our technology and our trusted software solutions. We are proud of our people. We are committed to our customers' success.

Ringo's VMS technology is an industry leader that can help you increase productivity and drive engagement. All this and more in one platform that makes it easy to source talent, automate timekeeping, eliminate risks, and gain visibility into realtime data. Transparency with real-time dashboards and workflows, including candidate and credentialing status. You can source talent, log and monitor hours and track payments all in one easy solution. It is available with both web- and app-based platforms. This will ensure that your team is always on top of their staffing game. A VMS technology developed by staffing professionals for staffing professionals will increase internal transparency and profitability, as well as enhance external relationships. It's now easier to engage locum and temporary healthcare workers. Ringo's VMS technology allows healthcare providers to automate timekeeping and credentialing, allowing them to reduce cost and eliminate risk while focusing on their top priority... providing quality patient care.

Seamlessly streamline the onboarding and procurement process for enhanced operational performance. Vendor Portal from KAISPE allows you to sort and optimize your vendor information. All your vendor data is available on a single, easy-to-use platform. Streamline your vendor information, purchase orders, and contract management to improve business communication. Change the way you work with vendors to improve your supply chain. It provides a secure and seamless platform for businesses to manage transactions. This promotes alignment and transparency.

CERTIFY Vendor helps you streamline your enterprise's customer service, improve quality control, and measure the performance of vendors. It also increases the efficiency of your supply chain operations. It can be difficult for an organization to have a clear picture of all its vendors and the services and goods they provide without a vendor management solution. A lack of visibility for vendors, poor vendor relationships, compliance and policy issues are all possible problems that an organization may face. Optimizing CERTIFY Vendor provides you and your vendor organization a convenient vendor management solution. CERTIFY vendor management solutions are a tool used to manage and oversee the relationships between an organisation and its external suppliers or vendors. Our solutions enable organizations to manage external vendors' procurement of goods and service efficiently and effectively. They also ensure that vendor relationships are aligned with the business objectives of the organization.

VendorPM, the only platform designed specifically for commercial real-estate, combines vendor management with compliance and procurement in a single login. We are connecting the entire industry on a single platform. Request quotes for 400+ services and get 3 bids on all your building services before your deadline. Manage your existing vendors and leverage a marketplace of over 40,000 service providers that are rated, reviewed and vetted to find compliant vendors. No more digging through your email. All your buildings and vendors, project schedules & historical information in one place.

It takes many different tools to manage vendors and procure them. Now, your teams can do all of this with Expent. Streamline vendor selection and onboarding. Streamline your vendor selection and onboarding processes. From sourcing to renewals, the lifecycle of your vendor is managed. We can help you with the selection of your vendors. Expent makes it easy to evaluate vendors with its flexibility in running RFx and Proof of Concepts. Templates developed by experts consider how vendors were assessed by companies like yours, to help you make an easy choice. Centralize Intake and track unmanaged spending. Assist with purchase approval. Centralize the initiation and management of vendor & procurement requests. Workflows for sourcing & procurement that automatically loop in the appropriate stakeholders, including security, IT, finance, legal, and procurement. Procurement teams have difficulty enforcing spending controls and keeping up with multiple requests. The ability of procurement to be strategic is diminished when they are brought in late in the process.

Recent changes to the Consumer Financial Protection Bureau (CFPB) have forced mortgage servicers to do a better job managing their vendors. A centralized application should be available that contains all of your vendor information. Nonprofit organizations depend on vendors for many mission-critical business processes and activities. Cybersecurity breaches and conflicts of interests in procurements have been highlighted by high-profile problems in the nonprofit sector. This highlights the need for better vendor management.