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Vendor Due Diligence
Many organizations lack formalized vendor management procedures and controls for
managing the risk posed by third party providers and the services they perform.
Organizations continue to use inefficient, labor intensive processes that do
little to help identify, measure, monitor and control these risks.
Fortrex developed VendorPoint™ with one simple goal in mind: help companies
reduce stress, cost and complexity associated with managing risks when engaging
third party providers.
VendorPoint™ is the first turn-key vendor due-diligence and operational risk
management solution that quickly enables any organization to meet various
regulations such as FFIEC requirements and industry best-business practices for
vendor management.
Institutions can now easily identify, measure, monitor and control all third
party risk, no matter the risk category - compliance, country, credit,
operational, reputational, strategic and transactional.
For more information, please visit:
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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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