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Features and Benefits
Our clients chose VendorPoint because of the following three key attributes:
Solution Versatility
- VendorPoint scales to any organizational size, resource level, and complexity
with a full range of products from a low cost, pre-configured version for small
implementations to a full featured version for large institutions.
- The automated Due Diligence Assessment process is easy to use for everyone – from Compliance Officers to Vendor Risk Managers
to Office Administrators.
- VendorPoint embodies proven methodologies for identifying, measuring, monitoring, and managing third party relationships.
- Fortrex helps enhance your vendor risk management program, helping ensure compliance regardless of your starting point with
customizable vendor management policy templates.
Product Maturity
- Fortrex was first to the market with VendorPoint in 2005.
- VendorPoint’s Dashboard view facilitates a quick risk profile review and easy drill-down to quickly get to issues.
- Detailed and summary reporting that deliver the level of information you need when you need it can be exported and emailed
with a few clicks.
- Predefined and customizable workflows, due diligence questionnaires, and notifications of contract and due diligence
assessment events let you easily configure VendorPoint to match your organization’s policies.
- VendorPoint comes loaded with a default configuration that allows users to quickly get started
managing their vendor relationships and risk.
Customer Service and Thought Leadership
- Fortrex works closely with organizations to build, maintain, and update VendorPoint.
- Our customer-focused product management, development, and help desk teams are all located at Fortrex headquarters near
Washington, D.C.
- Fortrex continues to value your opinion and knowledge, facilitating regularly scheduled Users Group meetings.
- Whether it is your first day using VendorPoint or you are a seasoned administrator, Fortrex keeps you up-to-date on
VendorPoint’s latest, industry-leading feature updates by holding quarterly Training Webinars.
- Fortrex works closely with ABA, State Bankers Associations, agencies of the FFIEC, and our clients to keep abreast of the
latest industry trends, regulations, and customer concerns.
Sign up for a demo!
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Fortrex Tweets & Mentions
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5303 Spectrum Drive,
Suite A,
Frederick, Maryland 21703-7373
1 (877)-FORTREX / (301) 977-6966 / Fax: (301) 947-3539
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