DoubleCheck Vendor Management Essentials™
Document vendors, maintain company profile information, assess and score vendor performance relative to contract terms, company policies, legal requirements and industry standards. Document and assure resolution of any exceptions; assure visibility of information for all those with need-to-know with powerful role-specific reporting.
Key Capabilities:
- Profile Vendors
- Archive and maintain vendor specific documents, such as contracts, compliance reports, SAS70 audits
- Build and Maintain Vendor Assessment Library – by vendor, by vendor type; linked to risks or regulations
- Manage Vendor Assessments including archiving of facts and evidence collected
- Support for third party and offline/remote assessments
- Rate vendors based on configurable scoring methodology
- Provide role specific reports to management, current vendors and potential vendors
Key Benefits:
- Reduced supplier risk, including exposure to supply chain disruptions, fines or damage to your reputation
- Efficiency in execution and maintenance of the process and data collected
- Naturally supports multiple evaluation frameworks, including internal policies, laws and standards
- Clear and documented evidence of an effective Vendor Management Process
- Flexible and configurable: Highly configurable, including on-demand reports. Can be delivered in and on-premise or hosted/Software-as-a-Service environment
