VendorRisk Description
Recent updates from the Consumer Financial Protection Bureau (CFPB) have prompted mortgage servicers to enhance their processes for identifying and overseeing their vendors. It is essential to establish a centralized system that organizes all vendor-related data. Nonprofit organizations depend on various vendors for essential business functions and services. The emergence of significant issues, such as cybersecurity incidents and procurement conflicts of interest, underscores the urgent necessity for improved vendor management practices within the nonprofit industry. By adopting more rigorous management strategies, nonprofits can better safeguard their operations and maintain their integrity.
VendorRisk Alternatives
The SBS QMS Suite consists of 5 software modules that work together for efficient Quality compliance:
1) 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
2) SBS Ground Control
- Employee training management (LMS)
- Self-Paced training
- Change control
- Document control
3) SBS Asset Tracking Database
- Calibrated equipment control
- Preventive maintenance
- Asset inventory management
4) 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
5) 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.
On-premise and cloud-based options are available.
Free demos are available for download or contact us for a cloud-based demo.
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Modernize your procurement process with Order.co – an easy-to-use procurement software that simplifies every aspect of purchasing for your business.
With Order.co you can automate sourcing, purchase requisitions, and PO management while improving spend analytics - all in one customizable platform. Leverage Order.co’s AI powered sourcing technology and exclusive supplier discounts to save an average of 5% on products, and avoid supply chain disruptions with Order.co’s 17K+ vendor network. Customize budget and approval workflows for your business, purchase from your custom product catalog, and pay on flexible terms with your preferred method. Access real-time spend data and insights by user, location, cost center, or vendor for enhanced budgeting, forecasting, and reporting.
Order.co works seamlessly alongside any ERP and accounting system, including direct integrations with Quickbooks Online, Sage Intacct, Netsuite, and more to simplify your entire purchase-to-pay process.
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Vendorful
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.
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Precoro
Precoro is a cloud-based solution that consolidates procurement, AP, and payment management. It automates operations with AI, 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 & Payments: Save time with AI-powered OCR, 3-way matching, and approval workflows. Execute vendor payments directly within Precoro to close the loop on your request-to-pay cycle.
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 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 authentication.
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Integrations
No Integrations at this time
Company Details
Company:
Skeey Interactive
Year Founded:
2000
Headquarters:
United States
Website:
www.vendorrisk.com
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Customer Support
Business Hours
Online Support
VendorRisk Features and Options
Vendor Management Software
Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking
VendorRisk User Reviews
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