Examiner scrutiny on vendor management has dramatically increased but compliance budgets were already stretched thin. I talk to bankers everyday who are looking for a better, smarter, cost efficient answer.
Elizabethtown, KY (PRWEB) July 08, 2015
Venminder, a leading credit union and bank vendor management software and services firm, today announced that it will move offices to support the firm’s continued growth and increased demand in services from new and existing clients.
“Venminder has seen a lot of exciting growth over the past year, so it is with great pleasure that we are announcing the move of our offices to a larger facility in Elizabethtown, KY. Our new office will accommodate the next phase of growth as we add additional staff in all aspects of the business. We build teams dedicated to outstanding service and Venminder is just another example of how customer focus produces great results.” said Dana Bowers, co-founder and president of Venminder.
“We’ve enjoyed a sharp increase in business this year. More and more financial institutions have turned to Venminder as a means to meet the ever growing vendor management regulatory requirements. Examiner scrutiny on vendor management has dramatically increased but compliance budgets were already stretched thin. I talk to bankers everyday who are looking for a better, smarter, cost efficient answer. It makes sense to find a partner, like Venminder, to help get the work done. But not just “done”, but done right and done well. We’re the perfect outsource solution that combines a great software tool to organize and manage risk with an incredibly qualified staff to supplement an institutions own internal resources. So, whether the work is analyzing a vendor financial statement, deploying our paralegals to assist with vendor contracts, or reviewing a vendors SSAE 16 we have it covered”.
The Venminder team will move to the new location at 400 Ring Road Suite 131, Elizabethtown, KY 42701, on August 1, 2015.
Venminder provides a comprehensive suite of credit union and bank vendor management software and services to assess, monitor and manage third-party vendor risks. With their powerful, easy to use software and integrated/additional services, you can outsource some or all of the tactical side of your vendor management. Venminder’s software and services are unique as they are broken down into modules, so you buy what you need, when you need it. In today’s heavily regulated environment, the Venminder team which consists of certified vendor management specialists (including in-house CPAs, paralegals, coaches and more) prides itself in solving the many challenges of meeting vendor management regulations. Visit http://www.venminder.com for more information or to schedule a demo of Venminder's software and services..