Your critical vendors can potentially have a huge impact on your institution when something goes wrong. Obviously, this isn’t news. They’re critical to your operations, usually have direct access and use of enormous amounts of non-public personal information. These vendors are crucial to your institution being able to serve your members or customers, and if something goes wrong your members and customers won’t blame your vendor – They’ll blame you.
In order to ensure your due diligence reviews are fast and easy, Maple Street recommends practices ongoing vendor monitoring. Our CADi software can help you stay on track.