In any relationship with a third-party vendor, contracting is just the beginning. After initiating the partnership, your primary concern shifts from what promises must be made to how well those promises have been kept. That’s where Service-Level Agreements (SLAs) and vendor performance management comes in.
Configure and conduct vendor performance reviews with ProcessUnity Vendor Risk Management.
ProcessUnity Vendor Risk Management allows you to review Vendor SLA metrics with built-in reports.
Every vendor engagement is a work in progress. To manage that progress, you need an efficient vendor performance management process to track vendor SLAs, document KPIs, monitor activity, record observations, and review overall status at a glance.
The line of business closest to the vendor must track key questions such as:
ProcessUnity Vendor Risk Management provides a common platform, accessible to all authorized parties, on which they compare vendor performance against established service level agreements (SLAs).
Through the platform you are able to:
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