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VendorRisk - Vendor Management Software


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10-page overview of VendorRisk, web-based vendor management software created by Skeey Interactive LLC.

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VendorRisk - Vendor Management Software

  1. 1. Vendor Management Software
  2. 2. What is Vendor Management? <ul><li>Gartner Group: “the discipline that ensures the enterprise buying goods and services actively manages its relationships” </li></ul><ul><li>CUNA Council’s 4 steps: </li></ul><ul><li>Assign responsibilities to key personnel </li></ul><ul><li>Receive timely notification on action items </li></ul>Risk Analysis Due Diligence Documenting Issues Ongoing Supervision/Monitoring
  3. 3. Why Vendor Management? <ul><li>More business processes are being outsourced </li></ul><ul><li>… and thus more reliance on vendors for company success </li></ul><ul><li>Greater reliance = greater risk </li></ul><ul><li>External auditing & compliance requirements in the financial industry </li></ul>
  4. 4. VendorRisk <ul><li>Created and maintained by Skeey Interactive LLC </li></ul><ul><li>SaaS-based product </li></ul><ul><li>Launched in December 2009 </li></ul><ul><li>Based on an intranet application developed for a financial institution in 2005 and still used today </li></ul>
  5. 5. Skeey Interactive LLC <ul><li>Three-person LLC started in 2000 </li></ul><ul><li>Has worked with numerous financial institutions </li></ul><ul><li>… and well-known entertainment companies </li></ul><ul><li>Also provides hosting services for many of its clients </li></ul>
  6. 6. SaaS Benefits <ul><li>No software/hardware installation </li></ul><ul><li>No maintenance fees </li></ul><ul><li>Frequent updates/upgrades at no cost </li></ul><ul><li>No involvement of your IT dept </li></ul><ul><li>No long-term commitment </li></ul><ul><li>Access anywhere, anytime </li></ul>
  7. 7. VendorRisk Goals <ul><li>Capture all relevant vendor-related information </li></ul><ul><li>Simple, straight-forward UI </li></ul><ul><li>Fast page loads </li></ul><ul><li>Get data in & out easily </li></ul><ul><li>Improve product based on customer feedback </li></ul><ul><li>… and improve quickly (no long delays in new releases) </li></ul>
  8. 8. Primary VendorRisk Features <ul><li>Captures info on: vendors, due diligence reviews, vendor selection, contracts, services, IT assets </li></ul><ul><li>Create vendor risk questionnaires to assess and categorize criticality </li></ul><ul><li>Vendor dashboard page lists upcoming contract expirations and review dates </li></ul><ul><li>Email notifications at the 90, 60, 30 and day-of marks </li></ul>
  9. 9. VendorRisk Security <ul><li>User passwords encrypted </li></ul><ul><li>All requests use SSL </li></ul><ul><li>TrustGuard vulnerability scan run daily </li></ul><ul><li>Payment information stored on PCI-compliant network </li></ul><ul><li>File uploads stored securely at Amazon </li></ul><ul><li>Daily off-site database backups </li></ul>
  10. 10. For More Info <ul><li>Product tour at </li></ul><ul><li>Free, fully-functional 30-day trial, no payment info required </li></ul><ul><li>Questions? Contact us via: </li></ul><ul><ul><li>Email: [email_address] </li></ul></ul><ul><ul><li>Toll-free phone: (800) 897-5810 </li></ul></ul><ul><ul><li>Live chat: M-F, 9am - 6pm EST </li></ul></ul><ul><ul><li>Web form: </li></ul></ul>