Vendor Management Services

♦ Cost Savings. Decreasing Risk. Reducing Internal Work.

For most credit unions, vendor management is another burdensome activity that adds to the institution’s cost structure with the manual processes providing almost no benefits. Increasing regulatory requirements make managing these vendors with spreadsheets and limited personnel very challenging. Corporate Central has chosen Ncontracts as their preferred partner for Vendor Management Services. Uniquely designed for credit unions, Ncontracts’ services will help you control cost, stay informed of approaching renewals and meet NCUA regulations.

 

♦ Features:

 

Want More Information?

Increase your control with better decisions that decrease liability, risk and costs. Contact your Relationship Development Officer for a demo and to learn more about Vendor Management Services.
 
  • Vendor management policy and procedure guidance
  • Vendor classification through customizable tools and recommendations
  • Contract management with detailed two-tiered paralegal reviews to summarize key terms
  • Vendor due diligence reviews
  • Comprehensive risk assessment documentation
  • Vendor monitoring including regulatory updates
  • Gathering documents including SSAE 16s, financials, insurance certificates, disaster recovery information, and additional supporting materials
  • Automated email notifications
  • Qualitative and quantitative reports

 

 

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PDF Version of Product Brochure

 

 

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Important Links

Contact Details

    6262 South Lowell Place, Muskego, WI 53150
    (800) 242-4747
    (414) 427-3700