SCORECARDS & ANALYSIS

Security is our top concern

Are you doing enough to monitor your vendors and minimize the inherent risk of outsourcing services to third parties? Keeping current with today’s regulations can be a daunting task — where to start, whom to leverage and how to know when you’ve done enough. Vendorly™ offers scorecards and vendor data analysis to provide you with valuable insights into delivery performance, quality and vendor oversight. 

How we help

We provide a general overview and assessment of your vendors, taking into consideration four key aspects that we work with you to define.

Assess risk

Rank your vendors, identify potential risks and build remediation plans for the areas that need improvement

Drive efficiency

Replace manual tracking with automated reporting of your vendors’ performance 

DriveEfficiency
Improve performance

See how your vendors are performing against service levels and other requirements you define 

opening It’s great to have confidence that the group that’s vetting your vendors has done their due diligence, and they’re really there to help you. closing

Jeff Ratanapool, Century Mortgage Company  

What we offer

Performance delivery

Risk management

Vendor oversight

Work quality

Regulatory Guidance

The Office of the Controller of the Currency states that an effective risk management process includes proper due diligence in selecting a third party and ongoing monitoring of the third party’s activities and performance. The Federal Deposit Insurance Corporation (FDIC) specifies that risk assessments should identify performance criteria, internal controls and reporting needs. Learn more here.

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