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3-Layered Vendor Management Review

Vendor Management can sometimes feel like trying to catch Niagara Falls in a mop bucket. With a varying pool of relationship owners, shifting scopes and changing relationship terms, the vendor manager has a daunting task to stay on top of due diligence, identify third parties that need to be replaced and measure success among vastly different providers. Many of our clients have found success with our Vendor Management solution by applying different layers of review, each with a specific timeline and focus to help assemble a comprehensive look at the vendor. Think of it like a cake.