KRI Consulting Solutions LLC provides vendor and contract management services to help organizations minimize unidentified risk exposure from third party vendors. Their services include vendor selection and evaluation, contract negotiation, post-award administration, and risk analysis of existing contracts. KRI partners with clients to understand the scope of vendor services and ascertain the level of risk associated with each vendor. They then implement an oversight plan involving risk assessments and controls to provide risk awareness and reduce operational expenses for clients.

1. KRI Consulting Solutions LLC Identifying Key Risk and Consulting on the Solution Members of the National Contract Management Association, The Human Capital Institute, The New Jersey Chamber of Commerce and The Central Exchange

2. KRI Mission KRI Consulting Solutions LLC mission is to incorporate elite vendor and contract management best practice initiatives within organizations to minimize unidentified risk exposure related to services provided by third party vendors.

3. Contract Management KRI understands the importance of implementing an effective and efficient contract procurement process and can provide the following related services: Vendor Selection and Evaluation for services needed Contract Negotiation Post Award administration Risk analysis of existing contracts Remediation recommendations for identified contractual risk Amendment and Statement of Work preparation

4. Vendor Management Vendor Management is the key to having a healthy and productive business to business relationship Provides on-going due diligence Keeps both the vendor and organization informed of efficiencies and deficiencies within business, federal and state requirements

5. Risk Evaluation Process KRI will partner with organizations to understand the scope of the business needs and services provided by each vendor. Once this process is complete, KRI will ascertain the level of risk associated with the contracted third-party service provider and prioritize their inherent risk

6. Vendor Management Oversight The implementation of an oversight plan involves the execution of risk assessments that will provide risk awareness. These controls include: Business Contingency Organizational Risk Information Security Contract Risk Contract Compliance Risk Exit Strategy Performance Evaluations Financial Stability Site Inspection

7. Risk Assessment Breakdown Business Contingency How fast will your vendor recover in case of disaster? Organizational Risk How strong is the organization experience with providing service? Information Security If sensitive confidential/ proprietary data is shared with your vendor, how well is it protected? Contract Risk Are your current contracts identifying and remediate all risk throughout the contract term? Contract Compliance Is the vendor following the requirements within the contract? Exit Strategy If client decides to exit the relationship, how well will the client be able to transition the process with limited exposure? Performance Evaluation Is the vendor meeting the service levels within the agreement? If not, what remedies are within the contract to correct the issues? Financial Stability Is the vendor financially stable to stay in business and provide the service? What are the revenue ratios between the vendor and its clients? Will the vendor go bankrupt?

8. Benefits A formal procedure for vendor and contract management which will streamline your process An executed industry process that can be leveraged for audits i.e. (OCC, SEC, Internal Compliance) Fully operational vendor repository Reduction in operational expenses if outsourced through KRI Liaison between the organization and contracted vendors Time to focus on business initiatives critical to the growth of the organization

9. Officer Credentials Katrina Henderson President and Founder Katrina is a consultant and a highly respected speaker. She holds an Advanced Master Commercial Contracting certification from Villanova University, a BS in Business Management from the University of Phoenix and current members with the National Contract Management Association and The Human Capital Institute. Katrina brings 17 years of corporate experience to her consulting, providing a rich store of firsthand knowledge from which to draw.

10. Officer Credentials Renee Sheppard Vice President Renee Sheppard is a corporate professional who has 18 years of experience in the global finance industry. She has a wealth of knowledge with organizational coaching, training and development. As a leader in the industry Renee has spent a considerable amount of time identifying areas of deficiency as well as creating and implementing solutions that impact business results. She is Six Sigma Certified and current members with The Central Exchange, The Human Capital Institute, and The National Contract Management Association.

11. Questions Contact Katrina Henderson 800-216-0443