Are you aware of the costly risks that are associated with your vendor partnerships?
Create a Comprehensive Vendor Management System
A successful vendor management system goes beyond finding the cheapest supplier for your organization’s goods or services. To be effective, vendor management needs to be much deeper in scope.
Advantages of outsourcing vendor management
- Reduces Security Risks: Bringing on a third-party vendor is inherently risky. You need an expert that understands the most effective security practices.
- Ensures Compliance: Onboarding vendors is an exhaustive, compliance-saturated process and regulations are constantly changing. We minimize the overbearing documentation while ensuring regulations are met.
- Reduces Costs: SSI determines where and how you may be losing money with your vendor services and can help negotiate better pricing.
With our vendor management services, we make sure onboarding is efficient, compliant, and accurate. Isn’t that a load off?
What else does it do?
- Reports and Tracks Performance: Our management services will determine if your vendors are delivering what they agreed to and assist with decisions about contract renewal.
- Streamlines Processes: We take care of the day-to-day monitoring and integration of your vendors including change orders and due diligence.
- Protects Your Brand: SSI will make sure you have high visibility to your vendors’ risk profile and take a proactive approach to mitigate contract breaches.
One of the greatest benefits of our management services is the efficiency and ease of onboarding vendors. Third-party vetting is time-consuming and labor-intensive, but when you partner with SSI, we take on this tedious process so you can focus on your core business. In addition, we make sure all vetting is optimized and compliant.
Secure your partnerships. Secure your assets.
Solutions that are robust and scalable
When you call on SSI for your vendor management, you will receive a customized solution that is appropriate for your organization’s size and vision. We make sure your goals are met every day, with every vendor. Using the most up-to-date vendor management software, we guarantee to provide the most efficient and reliable outcomes. At SSI, we understand that establishing strong vendor relationships is critical to the success of your business, and that’s why we implement a comprehensive approach when we manage vendor interactions.
Whether it’s a succinct onboarding process or the day-to day monitoring of several vendors, we have the experience and expertise to create a sensible solution for your needs. Protect your enterprise. Call SSI today to set up a private consultation and get started creating a vendor management process that is user-friendly and cost-effective.