Derive More Value from Your Vendor Contracts

It’s an unavoidable fact: third-party vendors are a necessity, however they also expose your enterprise to additional risks. That’s why you need a comprehensive vendor governance solution that effectively assesses, manages, and mitigates vendor-based risks.

ComplyScore empowers your enterprise to get more from your vendor governance function, by controlling costs, increasing value, and mitigating risk.

Actionable Vendor Risk Insights, Enhanced Contract Value

ComplyScore’s vendor governance solution leverages innovative technology and powerful tools to enhance your third-party risk management strategy. Our risk-based, rules-driven vendor governance solution provides you with:

  • AI-powered automation that intelligently manages assessments, assignments, tasks, contract terms, and more
  • Full life-cycle management from vendor request and intake to approval
  • Support for long-term mutually-beneficial vendor partnerships that ensure your organization’s mission and objectives are efficiently fulfilled
Derive More Value from Your Vendor Contracts

The Value of Good Vendor Governance

Over 60% of companies believe they lose an average of 25% of vendor contract value due to poor governance. ComplyScore’s vendor governance solution helps you master critical process elements:

Contracts
Contracts
Documents
Documents
Financials _ Invoicing
Financials & invoicing
Issues and disputes
Issues & disputes
Service Performance
Service performance
Decision Structure
Decision structure
Multi-service provider integration
Multi-service provider integration
Transition _ Transformation oversight
Transition and transformation oversight
Service Requests
Service requests
Service provider risk
Service provider risk

How We Do It

We help your enterprise streamline it’s vendor management program across the entire lifecycle, including due diligence reporting, onboarding, contract performance tracking, risk assessment, vendor issues, and remediation steps. Advanced tools for monitoring contract performance, vendor onboarding checklists, vendor remediation management, and more provide a platform that optimizes your vendor contract functions.

Explore our Case Study page to learn more: an expanding financial institution partnered with ComplyScore to transform their vendor risk management with an intelligent due diligence process and an automated workflow and reporting solution.

How We Do It

Your Business is Unique

Performance customized to your precise requirements is critical. ComplyScore opens the door to a more effective vendor management program, one that can be configured to consistently manage all stages of your vendor relationships.

Your Business is Unique
Due Dilligence

Due Dilligence

Gain an understanding of vendor-sourced risks and potential business issues before they affect your enterprise.

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Onboarding

Onboarding

Deploy a proactive, risk-based process that streamlines performance, saves time-related costs, and reduces transaction d…

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Contract Performance Tracking

Contract Performance Tracking

Manage third-party risk at scale, with a solution that integrates vendor selection, relationship management, and complia…

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Risk Assessment

Risk Assessment

Gain the insights you need to make more informed, better risk-based decisions about your vendor relationships.

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Risk Monitoring

Risk Monitoring

Understand how your vendor-based risk is evolving in real-time, with AI-enhanced solutions that empower your data.

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Issues Management

Issues Management

Identify, track, manage, report on, and remediate vendor issues using a centralized platform that formalizes your entire…

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Remediation

Remediation

Manage assessments, communication, and prioritization with a proven solution, so there’s always a plan of action to reme…

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Offboarding and Termination

Offboarding and Termination

Shrink your process costs, reduce risk, and improve security with a streamlined vendor offboarding solution.

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