Increasing Vendor Document Collection Efficiency
December 5 , 2022
It’s important to do due diligence on vendors as part of the process to reduce the risk associated with them. Due diligence includes collecting important documents that contain the information you need, but the document collection process can easily take a lot of time.
This infographic covers best practices and tips to improve document collection efficiency so that you can get what you need from your vendors while maintaining a smooth process.
Download the infographic to learn:
- Why you need to collect vendor documents
- 3 document collection best practices
- 4 tips to improve your process and increase efficiency
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.