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Strategies for Optimal Vendor Selection and Management

Apr 20, 2020 4:35pm ‐ Apr 20, 2020 5:35pm

Credits: None available.


• Analyzing institutional risk management priorities and current AFC controls to determine areas most conducive to vendor partnering in terms of costs/benefits

• Assembling internal stakeholders to vet potential vendors based on expertise in compliance services, business side needs and ability to integrate with legacy systems

• Conducting post-integration review based on metrics such as efficiency gains and performance quality to detect and correct systemic problems as warranted



Credits: None available.

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