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Vendormate Again Named an Inc. 500 Fastest Growing Company

(Atlanta - August 26, 2011) Vendormate, the leading healthcare vendor credentialing service, was named to the prestigious Inc. 500 list of the fastest-growing companies for the second consecutive year.

Vendormate builds trust and confidence between buyers and sellers by collecting, credentialing, and monitoring key data. Vendormate's flagship product, Vendormate VISION, is a software as a service (SaaS). Suppliers enter their company and staff credentials into the application, and buyers, typically hospitals, have an integrated, verified view of their current qualifications. Over 50,000 healthcare vendors and 1300 hospitals across the US share requirements and information through Vendormate VISION.

Vendormate was the first provider in healthcare vendor credentialing to offer supplier-side account management services and mobile applications. Healthcare vendors using Vendormate can monitor and manage their field representatives' hospital accounts and compliance status.

"Much of our growth to date has been built on helping hospitals track and verify their suppliers' credentials for regulatory compliance," said Bill Hayes, president and COO, "but the relationships between hospitals and their suppliers are more complex than that. In the coming year, Vendormate will deliver new services that open dialogue across both sides of the table to ensure the health of the supply chain."

Emerging services from Vendormate will include the ability for suppliers to leverage their strong credentials to work with prospective buyers during the sourcing process.

Vendormate's growth and innovation has been recognized previously locally. Vendormate was named one of the 25 fastest-growing companies in Atlanta each year since 2009 by the Atlanta Business Chronicle. The Technology Association of Georgia (TAG) has placed Vendormate in its most innovative companies list every year since 2006.

About Vendormate

Headquartered in Atlanta, Georgia, Vendormate provides technology and compliance-monitoring services to assist companies in their relationships with vendors. Vendormate provides a standardized private-labeled solution for customers to manage the composition and risk of their supplier-base with very little impact to their budget. Vendormate VISION is a streamlined system of vendor registration, screening, rating, and cataloging that is uniquely suited to satisfy both internal qualification tasks and government mandates including HIPAA, Deficit Reduction Act and
Sarbanes-Oxley.