WolfPAC Integrates with Maple Street to Deliver All-in-One Solution
Fully integrated, end-to-end platform makes vendor lifecycle management safer, easier, and more efficient for credit unions and community banks.
Boston, MA (July 29, 2021), WolfPAC Integrated Risk Management is joining forces with Maple Street, Inc. to deliver a comprehensive vendor management and enterprise risk solution. This new offering is designed to make it easier and more cost-effective for banks and credit unions to build and maintain strong vendor relationships that keep their organizations safe, generate a positive ROI, and propel their business forward.
“We’ve been working closely with the WolfPAC team to create a complete solution for all of our clients,” said Mike Crofts, president of Maple Street. “This partnership combines seamless service with world-class enterprise risk management that is top in the industry.”
The WolfPAC/Maple Street integration provides customers with a holistic view of their vendor ecosystems. It gives users the power to automate and manage every aspect of their 3rd party relationships from one easy-to-use portal. This includes vendor due diligence, vendor selection & contract negotiation, contract analysis, ongoing third-party monitoring and reporting, and risk management. By gaining 360-degree visibility into their vendor relationships, customers can view risk across their entire organization.
This new, unprecedented level of visibility, process automation, and data centralization creates significant value for customers by facilitating:
- Significant expense reductions,
- Improved vendor performance,
- Successful regulatory exam results, and
- Positive ROI on vendor relationships.
“This integration represents the significant expansion of one our most valuable synergistic partnerships. Our joint solution provides customers with full visibility into their vendor ecosystem, allowing them to link their third-party management process with their broader enterprise risk management programs,” said Ron Tache, WolfPAC General Manager. “Initial feedback on the solution is extremely positive; and we’re excited to make this integration available to a wider selection of customers in the coming weeks and months.”
About WolfPAC Integrated Risk Management
WolfPAC Integrated Risk Management is a secure, web-based enterprise risk management solution used to automate the identification of risks, threats and control gaps. WolfPAC® provides tools to review and monitor information technology, data security and privacy, third-party, regulatory compliance and other enterprise risk management domains. Since 2004, WolfPAC has worked collaboratively with clients to identify specific needs and provide next-generation solutions for organizations as the risk management landscape evolves. WolfPAC is owned by Wolf & Company, P.C. in Boston, Massachusetts. For more information about WolfPAC, call (617) 439.9700 or visit www.wolfpacsolutions.com.
About Maple Street
Maple Street, Inc., is the industry leader in managing vendors. Maple Street’s vision for managing vendors led to the development of the Vendor Advantage System®, which provides a comprehensive vendor relationship management system for credit unions and community banks. The Vendor Advantage System® embraces all aspects of vendor relationship management. With this proven approach, Maple Street reduces vendor expenses, improves vendor performance and truly manages risk for its clients, and since 2003, Maple Street has saved clients over $132 million. For more information, call (800) 513-6839, email firstname.lastname@example.org or visit www.maplestreetinc.com.