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Vendormate VISION - vendor credentialingVendormate VISIONTM provides a standardized process and directory through which organizations can better manage compliance and purchasing tasks associated with their suppliers. It will revolutionize how you qualify and choose your vendors and will be an essential daily tool across your organization, helping risk management, ethics, legal, contract management, executive management, and procurement.
Vendormate VISION streamlines and simplifies your customer-vendor interactions. No longer will your company subject vendors to multiple points of contact and struggle to maintain the paper documentation required by regulations such as HIPAA and Sarbanes-Oxley. All potential and existing vendors are forwarded from your web site to a custom-branded web application to register. Potential vendors answer general pre-screening questions and download and accept your policies. Existing vendors are asked additional questions based on your company's needs and are automatically sent through our patent-pending Vendor Quality MetricTM engine to be screened, credentialed, and scored based on criteria you select. Then, after paying a screening and monitoring fee, both existing and potential suppliers are indexed in a single, organized directory along with their pertinent details. For credentialed vendors, results of a financial and legal review are provided, and verified insurance and diversity certificates are displayed. They are even monitored on an ongoing basis for changes in their legal and financial status. The result is a complete view of your entire supplier-base, allowing side-by-side comparisons of existing and potential vendors and the security of knowing that every vendor with which you do business is complying with your requirements. And because the screening and monitoring fee is the responsibility of your vendors, the service is free for your company.
To request a demo or discuss how Vendormate VISION could be customized for you, contact sales@vendormate.com. |
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| © Copyright 2008 Vendormate, Inc. All rights reserved. Vendormate is a registered trademark of Vendormate, Inc. Designated trademarks and brands are the property of Vendormate, Inc. |
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