SupplierVision

SupplierVision is a supplier management system specifically designed for the financial services industry. It offers a centralized platform for governing and managing suppliers, eliminating the need for spreadsheets, emails, and paper documents. The system caters to companies of all sizes within the financial services industry, including asset management firms, banks, insurance companies, and other financial institutions. It is utilized by professionals in asset management, banking, insurance, financial institutions, and regulatory compliance.

Key Features

Assessment: Perform supplier assessments, determine supplier materiality, set governance frameworks, and monitor adherence to these frameworks.

Contracts: Store contracts, compare contractual terms, and identify service providers and locations.

Services: Monitor KPI performance, compare suppliers' service performance, and generate supplier performance reports.

Events: Receive notifications for key events (e.g., due diligence), sign-off on event completion, and store event-related documentation.

Meetings: Create governance structures, manage supplier meetings, and store meeting-related documents (e.g., agendas, minutes).

Breaches: Track near misses, errors, or breaches, monitor compensation payments, and store remediation plans.

Issues: Raise and assign issues, track progress, and monitor resolution performance.

Actions: Raise and assign actions, track progress, and store actions from supplier meetings and due diligence.

Change: Record and notify suppliers of change requests, track delivery status, and monitor the effectiveness of supplier-driven change.

Risk: Identify vendor risks, conduct risk assessments, and receive notifications for upcoming risk assessments.