Well-written vendor contracts are at the core of strong third-party vendor relationships. A vendor contract is a legally binding document used to outline specific duties by each party for a duration of time. Therefore, there are some risks that arise if the contract is poorly written or implemented. While there are several potential risks, we'll review 3 risks we believe pose a particular concern with vendor contracts.
Kelly is a proven leader with more than 30 years of experience in the financial industry. Kelly directs the Venminder team in product strategy and management, customer success and customer support. Prior to Venminder, Kelly held the position of COO at iPay Technologies where she led all support teams including Client Implementations, Client Support- and Payee and Payment Support. Kelly also held positions as Chief Administrative Office including Human Resources, Facilities and Finance. Upon acquisition of iPay in 2010 by Jack Henry & Associates, Kelly continued to lead the team in their success as Senior Director of Operations. Over the years, Kelly has been a member of or led various volunteer committees with the most recent as a 3-year member of the United Way of Central Kentucky Community Investment Committee. Kelly earned her Bachelor of Business Administration degree with a concentration in Accounting from the University of North Florida.
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