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What is VendorRisk?

Recent announcements from the Consumer Financial Protection Bureau (CFPB) have urged mortgage servicers to refine their methods for monitoring and managing their vendors more effectively. Establishing a centralized database to streamline vendor-related information is crucial for this purpose. Nonprofit organizations rely on a diverse array of vendors to perform vital business operations and deliver essential services. The rise of critical challenges, including cybersecurity threats and procurement conflicts of interest, highlights the pressing need for enhanced vendor management practices in the nonprofit sector. By implementing stricter management protocols, nonprofits can not only protect their operations but also uphold their ethical standards. This improvement in vendor oversight will ultimately lead to increased trust and efficiency within the nonprofit community.

What is VendorPanel?

VendorPanel is a comprehensive procurement solution that caters to state and local governments, procurement aggregators, and corporate entities. This SaaS platform streamlines the procurement process, mitigates risks, enhances savings, and fosters positive social impact. It offers decentralized sourcing, manages tenders, panels, and prequalification processes, and facilitates supplier discovery and management through a network of 50,000 marketplace suppliers. Additionally, it emphasizes social procurement and supports local economic development initiatives. The platform also incorporates robust analytics and reporting features and provides APIs for seamless integration. By leveraging these tools, organizations can achieve more efficient procurement and contribute to broader community goals.

Media

Media

Integrations Supported

Integrations Supported

Adobe Acrobat Sign
Basware
Docusign
Gmail
Google Docs
HubSpot CRM
HubSpot Customer Platform
LinkSafe
Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft Dynamics GP
Microsoft Entra ID
Microsoft Outlook
Microsoft Teams
Nimblex
Okta
Oracle PeopleSoft
SAP Ariba
Xero

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$15,000 AUD/year
Enterprise: Custom pricing from AUD $15k/ yr. Teams & SMEs: AUD $50/user/month

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Skeey Interactive

Date Founded

2000

Company Location

United States

Company Website

www.vendorrisk.com

Company Facts

Organization Name

VendorPanel

Date Founded

2008

Company Location

Australia

Company Website

www.vendorpanel.com

Categories and Features

Vendor Management

Contact Management
Customer Database
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Government Contracts
Pre-built Templates
Version Control
Workflow Management

Procurement

Contract Management
Sourcing Management
Supplier Management

Purchasing

Compliance Management
Contract Management
Sourcing Management
Supplier Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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