Risk is inherent with third-party vendors—and without the proper guidance in place, both your organization and your customers could face data breaches, security threats, and even litigation. WolfPAC’s Vendor Management advisory services strengthen your vendor monitoring program through expert consulting, testing, and planning.
We work closely with your team to verify the virtual and physical security of vendors, examine vendor financials, conduct information security testing, examine encryption protocols, and perform contract due diligence across every stage of the vendor lifecycle. Plus, we’ve partnered with Maple Street, Inc. to bring you their innovative Vendor Advantage System®, which helps your organization manage risk, reduce expenses, and improve vendor performance.
With our Vendor Management services, you’ll:
- Receive ongoing vendor monitoring to mitigate risks
- Save time, resources, and money with contract management support
- Build long-term relationships with vendors for mutually beneficial partnerships
Our advisors perform SOC Report review, ensure regulatory adherence to FFIEC reports, examine financial statements and controls, perform vendor website security testing, and review subcontractors
Vendor Lifecycle Management
We help you strengthen your vendor relationships through vendor vetting and due diligence, vendor selection, contract negotiation and renewal, and by determining when and how to end vendor partnerships
With WolfPAC, you receive ongoing risk monitoring and real-time alerts of vendor relationship status, cost changes, inefficiencies, and vendor challenges
Explore Our Other Services
Business Continuity Management
Analyze threats, prioritize recovery responsibilities, conduct business impact assessments, and create disaster recovery plansFind Out More
Enterprise Risk Management
Detect risks, streamline reporting and increase review efficiency, create controls, identify gaps, and develop remediation plansFind Out More