40 Vendor Management Tasks to Automate with Software
Manual tasks are not only a bottleneck to efficiency; they weaken your ability to enforce policies and controls. Automating critical processes through modern vendor management software is the key to staying competitive – and compliant.
This checklist will help your vendor management team identify new opportunities to automate manual tasks. It can be a great reference tool for evaluating new vendor management software purchases.
Download the checklist to identify 40 tasks you can automate for:
- Procurement & purchasing
- Contract management
- Third-party risk management
- General workflow management & controls
Vendor management software is also instrumental in third-party risk management, automating tasks like inherent risk assessment, questionnaire automation, due diligence, risk analysis, and incident response, providing a comprehensive solution for mitigating potential risks in vendor relationships.
