Has your company dropped the ball on vendor management? If so, then Ncontracts can help!
Vendors play an integral role in the success of any organization in today’s fast-paced and intricate business environment. However, relying on third-party vendors can be risky. In fact, one of the biggest risk factors for any organization is the third-party risk. To manage this risk, you need comprehensive information about your vendors. Your vendors’ continuity plans, information security, and financial status can all have a direct—and sometimes negative impact on your organization. Managing these factors can be difficult.
Your Complete Vendor Management Solution
Nvendor is the only vendor management solution that your company needs. It provides everything that you need to manage third-party risks on your business. We use a systematic approach that uncovers things that decrease external costs, reduce internal costs and identify and alleviate your risk.
Nvendor is a robust solution that allows you to quickly conduct procedure and policy review. You can then score your vendors on several different variables and classify them according to low, moderate and critical risk. What’s more is that you can manage all of this information from one easy-to-use interface.
Break down the walls of communication and enable departments to share information with Nvendor. Our solution help saves both time and money. It will also reduce third-party risk across your entire organization.
You can use Nvendor to locate missing contracts, generate automatic email reports and assess key points.
Analyze reports, track incidents, collect documentation and provide ongoing risk assessment and management for vendors. We offer flexible reporting features to help you quickly assess risk.
Finally, you can benefit from ongoing support and unlimited training that helps you implement Nvendor management solutions. This valuable training and support will help you integrate our solutions fully into your current processes enabling you to get the full benefit of Nvendor.