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
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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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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eBuyerAssist
eBuyerAssist by Eyvo is an AI-powered, cloud-based eProcurement platform that automates and optimizes the complete procurement lifecycle.
Key Highlights:
1. AI-driven automation from requisition to fulfillment
2. Smart strategic sourcing with data-backed supplier selection
3. Intelligent supplier & contract management with risk alerts
4. Smartinventory & warehouse planning
5. Automated approval workflows & purchase orders
6. Real-time budget control & spend visibility
7. AI-assisted invoice matching & vendor credit checks
8. Proactive risk analysis & compliance monitoring
Result: Greater visibility, stronger control, reduced costs, and faster, data-driven procurement decisions with measurable ROI.
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Vendorly
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.
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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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