Vendor Due Diligence & Effective Vendor Management
On-Demand Webinar:
StreamedAug 13, 2024Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
From selecting the best available vendor to negotiating a fair contract to identifying and correcting performance issues, this presentation will examine the practical and regulatory requirements for managing third-party relationships.
It will also explore the
operational details of creating an effective vendor management program. Join former
general counsel David Reed as he provides valuable insight into the best
practices of vendor management.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Evaluate and update your vendor management process
- Reduce the compliance risk associated with critical vendors
- Maximize vendor contract negotiations
- Understand escape options and hidden costs
- Create solid staff oversight and quality control
WEBINAR DETAILS
Vendor management
continues to be a high-priority operational and regulatory issue because every
financial institution entrusts some of its most sensitive information,
financial resources, and core business processes to third-party vendors. The
explosion of virtual operations and remote services has introduced more
opportunities, more vendors, and more risks into your processes.
If something goes
wrong with a third-party relationship, guess who will get the blame: you! On
top of that, consider how much of your budget is paid directly to vendors. Make
sure your institution is getting the most from vendors while weathering the
increased examination scrutiny.
WHO SHOULD ATTEND?
This interesting
webinar will benefit executives, in-house counsel, compliance staff, financial
staff, accounting professionals, accounts payable personnel, department
managers, and anyone involved with the vendor management process.
TAKE-AWAY TOOLKIT
- Contract review hot spots checklist
- Sample vendor management policy and checklist
- Five Things Your Vendor Does NOT Want You to Know
- Regulatory guidance
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission,
or republishing of any webinar to other institutions or those not employed by
your institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Reed & Jolly, PLLC
© 2024 FINANCIAL EDUCATION & DEVELOPMENT, INC
