Vendor Management

Vendor Management Logo

Our easy-to-use interface walks you through each step of the vendor management process to ensure regulatory compliance.

Take the Guesswork Out of Vendor Management

Proactively assess your vendors to understand what documents you need

Securely Store and Quickly Find Documentation

Centralize critical vendor documents such as SOC 2 reports, BCPs, and test results for easy access

Never Miss a Renewal

Manage expiring or renewing contracts with auto-notifications

Get Ahead of Exams

Schedule vendor reviews to alleviate exam crunch

Save Time with Auto-fill

Make changes in one place with our integrated compliance applications

Running Reports is Easy

Quickly access a variety of reports to communicate with all of your stakeholders


Evaluate vendors and their various document requirements


Collect and manage critical vendor documents such as SOC 2 reports, BCP plans, and test results


Manage expiring or renewing contracts with auto-notifications


Schedule vendor reviews to alleviate exam crunch

Save Time

Work smarter, because compliance applications are linked so you only make changes in one place


Pull a variety of reports to help you communicate with a variety of constituents

We were surprised with how seamlessly the implementation went, as well as how intuitive the interface is. Additionally, Safe Systems was able to answer our questions.

Shan Venable

SVP and Chief Technology Officer at Altamaha Bank and Trust

Ideal for Community Banks and Credit Unions Who:

  • Are using a spreadsheet or an accounts payable system to manage vendors
  • Need a better way to manage vendors, documents, and contract renewals
  • Need a dynamic process to conduct vendor due diligence
  • Need different reports for different audiences
  • Are unable to centralize or share vendor management information

Frequently Asked Questions

Vendor Management FAQ

A vendor management program, as required by the FFIEC, enables community banks to identify, evaluate and mitigate risks posed by their vendors.

Vendor Management is necessary for a community bank or credit union because the average number and variety of vendors used has increased in recent years.

Typically, community banks and credit unions have an Information Security Officer or a Compliance Officer who act as the lead for their vendor management program.

Community banks and credit unions can get help with their vendor management program through peer groups or industry experts, such as Safe Systems, who support hundreds of financial institutions in this area.

Your cost is determined by a number of factors based on your needs and expectations of a Vendor Management Program. Please click get started to discuss specifics about Safe Systems Vendor Management program and cost.

We offer a virtual ISO service with compliance experts who are not only able to provide vendor management guidance and services but also help implement and maintain your information security policies, cybersecurity risk assessments, and business continuity planning and testing.

Ready to get started with Vendor Management?

As regulators have placed higher importance on how community banks and credit unions manage their vendors, it is increasingly more difficult to get what you need from a spreadsheet. Our web-based vendor management application ensures compliance, helps you better measure and manage risks, automates vendor contract renewal reminders, and allows you to easily generate reports for senior leaders and examiners.