A powerful and affordable vendor management platform
Identify
Identify best performing vendors
Dashboard Views
Dashboard summaries to facilitate vendor evaluation and comparison
Affordable
No ‘charge per click’ fees making it the most affordable vendor management platform
Rank & Compare
Review each vendor’s track record, and monitor real-time performance Visionet has distilled over ten years of experience in vendor management consulting, technology, and BPO services to produce VendorMetrics, a suite of solutions designed to simplify vendor management and oversight. It allows financial institutions to quickly and clearly compare the performance and SLA compliance of multiple vendors.
Use rules-based automation or manual controls to score and rank each service provider. The VendorMetrics Business Intelligence engine uses these scores to generate concise dashboard summaries and visuals that bring clarity to vendor selection and assignment.
SLA & Regulatory Compliance
Specialized tools for vendor compliance auditing and oversight. The Office of the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Financial Institutions Examination Council (FFIEC) and other regulatory bodies continually update standards and requirements for service providers.
With its continually-updated database of regulatory requirements, VendorMetrics allows even the largest national financial institutions to easily perform compliance checks and SLA performance assessments on thousands of service providers. The result: major cost savings and fewer regulatory issues.
Modules and Features
VendorMetrics was developed to be comprehensive in scope, providing automation and assistance in every aspect of vendor management.
Here is just some of the functionality our solution has to offer:
Vendor Due Diligence and Onboarding
Vendor Portal & Service Provider Integration
Vendor Communication & Vendor Coverage and Pricing
Auto / Manual Vendor Ranking
Capacity / Distribution Auto-Assignment Rules
Dashboards and Reporting & Compliance Rules Validation
SLA-Based Performance Measurement
Payables Module & Exception Management
