We Specialize in Third-Party Management

Vendor Centric helps companies develop and maintain the people, practices and systems they need to effectively manage their vendors, contractors and other third-party relationships.

Vendor Management Programs

We’ll help you create, implement and mature every aspect of your program so you can effectively manage vendor relationships from start to finish.

  • New program development
  • Existing program assessments
  • Process improvement and change management
  • Virtual vendor management office
  • Vendor management software and data intelligence solutions

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Third-Party Risk & Due Diligence

We’ll ensure your risk assessment, due diligence and ongoing monitoring activities align with your risk tolerance and meet every, applicable regulatory requirement.

  • Third-party risk policies and standards
  • Risk assessments
  • Due diligence and continuous monitoring
  • Issue remediation
  • Co-sourced and managed due diligence
  • Software and data intelligence solutions

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Contract Lifecycle Management

Get better visibility into agreements and strengthen contract management practices to drive more value and less risk from your third-party relationships.

  • Standards development
  • Negotiation support
  • Contract management software
  • Spend analysis and contract compliance
  • Contract audits
  • Co-sourced contract oversight

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Sourcing & Procurement

Create effective sourcing strategies and maintain efficient operations so you can turn procurement into a competitive advantage.

  • Sourcing strategies and vendor consolidation
  • Best practice assessments
  • Process improvement
  • Policy & procedure development
  • Help desk support
  • Training

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Software & Data Intelligence

Implement best-in-class software and data intelligence solutions to simplify workflow and make informed decisions about your third-parties.

  • Vendor management software
  • Contract lifecycle management software
  • Corporate & financial risk monitoring
  • Sanctions risk monitoring
  • Cybersecurity risk monitoring

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Our Specialized Knowledge Ensures You Get Great Results

VendorRisk has allowed me to centralize all of our vendors, contracts and procurement information. I can maintain a history of our procurements to support Uniform Guidance compliance, and run reports quickly and easily. It’s made things so much easier.

Kevin Trotter

Director, Operations
Meridian International Center

Vendor Centric helped us design and operationalize our end-to-end vendor management program. We now have policies, procedures and a system to support all of our activities, and a program that complies with regulations.

Justin Holden

VMO
Legal & General America

When I need a quick answer to a procurement-related question, especially pertaining to
Uniform Guidance, Vendor Centric is the first place I call.

Alfonso Wright

Director of Finance
Polaris

Vendor Centric has been an invaluable resource for us for close to ten years. They have become true partners in helping us think through important, strategic decisions.

Ed Sharrer

Association of Corporate Counsel

Vendor Centric’s procurement training was comprehensive yet practical. We covered all of the regulations while also tackling lots of real-world procurement questions that our staff need to answer each and every day.

John Henderson

Chief Financial Officer
American Councils

I’ve worked with the Vendor Centric team since 2007. They not only provide sound, practical advice, they really understand the marketplace. I reach out to them frequently for insights on both strategic and tactical issues.

Don Roy

EVP, COO and CFO
American Kidney Fund

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Rethinking Vendor 2.0 provides a clear path for actions you can take to drive more
value from your vendor relationships.

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