CONCORD, MASS. – December 15, 2015 – ProcessUnity, a leading provider of cloud-based applications for risk management, today announced that Viewpost North America (Viewpost) has selected ProcessUnity Vendor Cloud to automate its third-party risk management processes. Viewpost will leverage ProcessUnity to identify and mitigate risks posed by its critical service providers, ensuring compliance and fulfilling regulatory obligations.
“Information security is a key component to earning and managing trust with our customers and partners,” said Christopher Pierson, EVP, CSO & General Counsel of Viewpost. “Our cross-functional team of security, infrastructure and systems experts work together to ensure that businesses of all sizes are able to enjoy our secure, cloud-based network to exchange electronic invoices and payments.”
Viewpost removes the barriers that business face during the exchange of invoices and payments, effectively connecting people to a single, secure business-to-business network designed to empower businesses of any size with an ability to purge paper, lower costs, track the status of electronic invoice and payment transactions, and better manage their cash flow.
Viewpost Director of Information Assurance, Ingrid Gliottone, added, “ProcessUnity Vendor Cloud will help us automate a number of third-party risk and contract management processes, allowing our team to focus more time on strategic risk mitigation.”
Vendor Cloud reduces the time and resource costs associated with identifying and mitigating risks posed by third-party service providers. The cloud-based solution combines a vendor service catalog, automated assessment tools and interactive reporting capabilities in an extremely easy-to-use environment that allows organizations to eliminate manual tasks and focus on higher-value risk management activities.
“Organizations today are facing significant challenges in managing vendor and third-party risk in terms of cost, complexity, and lack of insight into inherited risks,” said Sean Cronin, President of ProcessUnity. “Automation significantly reduces that cost and complexity, while providing organizations with instant insight into where to focus their remediation and mitigation efforts.”
ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. The company is headquartered outside Boston, Massachusetts. For more information, visit www.processunity.com.
Viewpost North America believes time is precious and irreplaceable. Viewpost brings visibility, efficiency and simplicity to the everyday exchange of invoices and payments through a secure business network of opportunities designed to empower any size business. Founded in 2011, Viewpost is headquartered in Maitland, FL, with additional teams in Boston, Minneapolis and San Francisco. www.Viewpost.com. blog.viewpost.com