Self-Service Vendor Management Solution
A system to simplify do-it-yourself.
CUVM's automated system gives you the tools you need to succeed with your vendor management tasks, making it easy to organize, assess risk for, track, and monitor your third-party agreements. It also provides a system for critical document retrieval.
Here's how CUVM helps:
- Simplify storage and retrieval of contracts, risk assessments, and due diligence data
- Provide standard risk assessment and due diligence templates based on NCUA website
- Help you avoid a lapse in service or a commitment to a service that may not be needed
- Eliminate automatic renewals which can lead to increased pricing
Benefits of CUVM's services:
- Web-accessed comprehensive contract database
- Custom management reports with dashboard management tools
- Customizable risk assessment and due diligence templates
- Automated triggers/notifications for complete contract lifecycle management
- Automated risk scoring based on the complexity and exposure of each relationship
- Comprehensive user guides and ongoing support services
Learn more about CUVM’s solutions
Talk to one of our CUNA Strategic Services alliance managers to learn more about CUVM. We’ll help you identify and evaluate the best solution for your credit union.