Knadel Software Solutions has announced the launch of SupplierVision, an exciting new innovative software product for supplier management oversight offering a single solution to govern, control and manage all aspects of a Financial Institutions supplier relationships.
Recent increased regulatory activity has cast a spotlight on how the Financial Services community manages and governs their supplier management relationships. SupplierVision provides a consolidated oversight solution that demonstrates a central workflow and reporting system to control all supplier management activities.
“Until now, performing and demonstrating effective supplier management has not been easy”, said Dean Lumer, Director of Knadel Software Solutions. “SupplierVision takes us a huge leap forward in reducing manual processes, providing an audit trail of good oversight and encouraging good supplier management disciplines. Many of the key features offered by SupplierVision are the result of input from participants in the industry faced with the challenge of maximising value from suppliers and being able to demonstrate good governance to the Regulator.
SupplierVision covers contracts, services, fees, governance, change, risk, breaches, issues and actions within a software system via an intuitive interface. Available as a hosted solution with an easy to use dashboard, SupplierVision is accessed via a web browser using secure user and password controls.
Elizabeth Gee, Product Manager of SupplierVision notes, “An innovation SupplierVision offers, is a greatly improved range of management information of a Financial Institutions supplier landscape, providing the opportunity to better manage and maximise these relationships.”