Tandem Vendor Management Software

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Additional Info

Company (that provides the nominated product / solution / service)Tandem, LLC
Websitehttps://tandem.app/vendor-management-software
Company size (employees)10 to 49
Type of solutionCloud/SaaS

In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:

* Tandem allows you to automatically collect third party due diligence documents.
* Tandem allows you to conduct, document, and report on a variety of vendor related reviews, such as contract reviews, SOC reviews, financial reviews, or general vendor reviews.
* Tandem allows you to organize important information about your vendor contracts in a central location and stay informed of key contract dates with automated reminders.

Overview

Companies rely on third parties for various software, products, and services. The use of third parties or service providers does not reduce the responsibility of the Board of Directors and senior management to ensure the third-party products and/or services are safe and comply with applicable laws, regulations, and security best practices. This is accomplished through vendor management.

Tandem offers an online vendor management software solution to help clients manage their service providers. The software is specifically designed to meet expectations set forth by the financial regulatory agencies (FDIC, OCC, NCUA, Federal Reserve, FFIEC, and CFPB).

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