Vendorly Adds Three New Companies to Vendor Oversight Platform
It's important for mortgage and community bankers to have a multifaceted vendor oversight program. Vendorly can help strengthen its customers' vendor management framework and increase their operational efficiencies. In addition to offering customers a SaaS solution, the platform also offers its customers managed vendor oversight services including due diligence, document management, annual assessments, information security assessments, financial condition reviews and on-site audits.
To improve vendor oversight, in May, Vendorly announced an integration with Secure Insight, a leading provider of settlement agent verification. Continuing this momentum, the new vendor oversight additions to the Vendorly platform include:
Dun & Bradstreet( NYSE: DNB) -- Dun & Bradstreetis the global leader in commercial data, analytics and insights for business. Vendorly customers now have access to Dun & Bradstreetdata to help make smarter decisions about their current and prospective vendor network.
The ID Co.-- The ID Co.provides the flexible online identity verification solution, DirectID. With DirectID, Vendorly customers now have the ability to conduct bank verification for current and prospective vendors in their network, to reduce fraud and misrepresentation prior to payment.
- TINCheck -- TINCheck helps companies solve payee compliance issues. Vendorly customers now have the ability to validate the tax ID of all organizations in their current and prospective vendor network.
"We are focused on expanding the value we provide to our customers by continually growing our vendor oversight providers and making it easier to order services from these providers," said
Vendorly is an innovative SaaS vendor oversight platform designed to help financial institutions manage their vendors and meet their evolving vendor oversight obligations. The Vendorly platform can help to streamline vendor due diligence, document maintenance, monitoring and audits. Vendorly is part of the
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