What They Are Saying
From the minute our organization began utilizing Fortrex’s VendManage service, they took the program to new heights. Due diligence was done on time, contracts we being properly tracked, and we’re being kept up to date on all vendor risk. Great job by the Fortrex team.
Executive Vice President, $600M Financial Institution
At first our bank had a very manual process and we struggled to roll out our third party risk management program with spreadsheets. Then we started using VendorPoint. We now have a very robust third party risk management program. Everyone completes their due diligence on time and the regulators like it. The contract management features make VendorPoint a truly comprehensive system. We are so pleased with VendorPoint that we are beginning to integrate it with a variety of internal systems so that it is a seamless part of our overall business processes.
Senior Vice President, $4.3B Financial Institution
The VendSure product is fantastic! Our examiners were impressed by both the thoroughness of the VendSure analysis and the effective management platform provided by VendorPoint. Fortrex Technologies has been a valuable partner in making our third party risk management program a success.
Executive Vice President, $1B Financial Institution
We have had great success with VendorPoint and the VendManage program. We have saved money through outsourcing and our third party risk management program is up to date. The VendManage service allows us to focus on our core services while ensuring that we have the information we need to mitigate vendor risk.
Director of Risk Management, $1B Financial Institution
I have always had very quick turn around on receiving answers to my questions. VendorPoint is user friendly and flexible, and we have been able to easily configure it to handle the changes required by regulatory updates.
Assistant Vice President for $13B Financial Institution
VendorPoint is easy to use, user friendly, and very configurable. Updating due diligence questions, reconfiguring inherent risk determination, and changing who receives email notifications are all straightforward. VendSure provides us with the comprehensive due diligence analysis we use to effectively monitor and mitigate risk in our vendor relationships. Fortrex’s vendor risk management services help ensure our vendor risk management program’s continued excellence.
Compliance Director for $1.7B Financial Institution