How Vendor Contract Management Benefits Your Credit Union

Contracting and renewals make vendor contract management important for your credit union to successfully manage vendor relationships. And it's more than just negotiating in the best terms.

This session will discuss vendor contract management in more detail and dive into what all you should be doing as part of your vendor contract management process, why, and who should be involved.

Watch now to learn:

• Where vendor contract management comes into play within the third-party risk management lifecycle
• Why you should be doing vendor contract management
• Who should be involved in vendor contract management
• What should be included in your vendor contracts
• What service level agreements are and why you should use them within your contracts

Venminder

Venminder is an innovative, customer-motivated company that is mission-driven to help solve the many challenges organizations face when managing risks from outsourcing to third parties.

Venminder provides a dedicated platform to empower effective end-to-end lifecycle management and mitigation of third-party risks. Venminder creates long-term collaborative partnerships with their customers, providing implementation assistance, product and best practices training, ongoing support, access to expertise and more.