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Dec 31, 1969 by

Outsourcing

RegTech Companies Help Employees in Third Party Risk - They Don’t Replace Them

May 29, 2019

Science Fiction and Jeopardy fans will recognize the line “I, for one, welcome our robot overlords” but is there a real danger to the rise of regulatory technology (RegTech) companies in general [...]

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Outsourcing

Leveraging Software for Vendor Risk Assessments to Gain Consistency

Apr 2, 2019

Risk assessments continue to be a challenge for organizations regardless of size. At a granular level, a basic risk assessment may be the guide to determine the level of oversight that a third [...]

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Outsourcing

Outsourcing Vendor Management: When Does It Make Sense?

Jan 30, 2019

Does leveraging external expertise make sense in a tight margin environment? In an environment of increasing competition with shrinking margins, there's valid reasoning that leadership might [...]

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Outsourcing

6 Things to Watch Out for with Your Vendor Management Software

Nov 20, 2018

In any line of business, changing a vendor service is no easy task. The same thoughtful consideration should be given to the vendor management tool which will, ultimately, be the cornerstone of [...]

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Outsourcing

6 Things to Do Now to Your Third Party Risk Management Program for 2019

Nov 7, 2018

It’s November! Where did 2018 go and why haven’t I dove back into my vendor management program? This is certainly a common conversation we have with clients here at Venminder. By taking these 6 [...]

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Outsourcing

Do You Have the Right Third Party Risk Management Software Provider? 10 Questions to Ask Yourself

Nov 6, 2018

Are you outsourcing your third party risk management functions to a software provider? If so, have you ever stopped and thought about if the company is the right fit for your organization? I [...]

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Outsourcing

Outsourcing Success Tips: 8 Best Practices for Managing Your Vendor Relationships

Aug 15, 2018

Outsourcing a product or service comes with a price tag. Whether you think of it as an expense or simply the cost of compliance, you may often find that the work of outsourcing, while falling in a [...]

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Outsourcing

Outsourcing Overseas and Proper Vendor Oversight for a Non-Bank Lender

Jul 10, 2018

If you've elected to leverage the benefits of outsourcing a function to an overseas based partner, it’s important as a vendor manager to ensure that senior leadership is on-board with any [...]

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Outsourcing

5 Reasons Vendor Management Oversight Can Be Successfully Outsourced

Jun 6, 2018

Learn why vendor management oversight is now recognized as a unique discipline which you can successfully outsourced.

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Outsourcing

3 Reasons to Outsource Your Third Party Risk Management

Jun 6, 2018
When you need assistance with third party risk management, it's a good idea to outsource to a reliable company. We've got 3 particular reasons why you should make the step to outsource. They are:
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Outsourcing

14 Ways Vendor Management Software and Services Help

Feb 14, 2018

Vendor management and its requirements have grown significantly over the past several years. There is now increased attention to subservice providers (fourth parties) and expectations around [...]

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Outsourcing

How to Raise the Vendor Management Bar

Jan 16, 2018

Vendor management maturity levels vary across the company spectrum. As part of our many in-depth consultations with clients and prospects alike, we find that the staffing, expertise and even the [...]

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Outsourcing

11 Advantages of a Vendor Management Software

Dec 13, 2017

Vendor management and its requirements have grown significantly over the past several years. There is now increased attention to subservice providers (fourth parties) and expectations around [...]

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Outsourcing

How Vendor Management Software Helps Your Mortgage Company

Oct 24, 2017

Software, that is not only well-designed but created by experienced vendor risk management professionals, will help you streamline your operation. 

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Outsourcing

3 Reasons Your Mortgage Co Should Replace Excel with Vendor Management Software

Aug 29, 2017

Vendor Management has become an art, a science and has metamorphized into a discipline which addresses multiple aspects covering reputation, credit, operational and financial risk.  

You really do [...]

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Outsourcing

Thankful for Vendor Management Technology

Nov 23, 2016

While I may not be entirely thankful for the heightened state of today’s regulatory environment, I am thankful that we live in a time of innovation and, therefore, have helpful tools to assist in [...]

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Outsourcing

5 Key Considerations to Outsourcing Vendor Management Tasks

Aug 31, 2016

We were recently asked if there is a certain size threshold at which an institution should or should not consider outsourcing. The discussion led to a lot of thoughts – but when it came down to [...]

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Outsourcing

Spreadsheets for Vendor Management Just Don’t Cut It Anymore

Apr 13, 2016

Using Excel for your vendor management can make the data cumbersome for you to manage and difficult for your examiner to read. So why are you still using those spreadsheets?

It's time to move on! [...]

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Outsourcing

5 Tips to Choosing the Right Vendor Management Partner

Sep 4, 2015

Chances are you would not only like someone to help you get the work done but also help you raise your vendor management game. Will they further your vendor management education? Are your [...]

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Outsourcing

3 Keys to Cost Justifying Outsourced Vendor Management

Sep 1, 2015

The job is big, you know you have to do it, there’s not enough of you to go around and the examiners will be there soon. What’s the answer?

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Outsourcing

3 Signs It May Be Time To Hire A Vendor Management Partner

Aug 27, 2015

As you are well aware, Vendor Management at your bank or credit union is not an optional activity. 

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