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What is Vendorly?

Vendorly is a vendor management solution that assists in complying with the OCC and CFPB's regulations regarding third-party risk management, allowing collaboration between your team and their services for vendor oversight. EASE OF MANAGEMENT - Streamline and unify all your vendors within a single, user-friendly SaaS repository, complete with top-tier operational assistance. RISK MITIGATION - The platform features a smoothly integrated fraud prevention tool designed to minimize third-party wire fraud risks specifically in the lending and banking sectors. NETWORK ADVANTAGE - With a vast network of over 60,000 registered vendors, Vendorly enhances efficiency by leveraging practical, real-world insights. This extensive network not only facilitates better vendor relationships but also contributes to more informed decision-making processes.

What is Prevalent?

The Prevalent Third-Party Risk Management Platform offers users an efficient way to automate essential functions related to the management, evaluation, and oversight of third-party entities throughout their entire lifecycle. This comprehensive solution encompasses a variety of features designed to ensure that third-party partners remain compliant and secure, including: * Automated processes for onboarding and offboarding * Comprehensive profiling, tiering, and inherent risk scoring * A combination of standardized and customized vendor risk assessments, complete with integrated workflow and task management * Ongoing monitoring for vendor threats * Access to a network of completed standardized assessments and risk intelligence contributors * Detailed compliance and risk reporting capabilities * Effective management of remediation efforts Additionally, expert professional services are offered to enhance and evolve third-party risk management programs, while managed services can be utilized to handle the collection and analysis of vendor assessments, providing businesses with valuable insights and support throughout the process. This dual approach not only streamlines operations but also strengthens overall risk management strategies.

Media

Media

Integrations Supported

Integrations Supported

AdaptiveGRC
ServiceNow
Skypher
Terzo
cloudPWR

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Altisource

Date Founded

1999

Company Location

Luxembourg

Company Website

www.altisource.com/Originations/Vendor-Management-Vendorly

Company Facts

Organization Name

Prevalent

Date Founded

2004

Company Location

United States

Company Website

www.prevalent.net

Categories and Features

Vendor Management

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

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Internal Controls Management
Response Management
Risk Assessment

Vendor Management

Audit Management
Self Service Portal
Supplier Master Data
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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