Vendor Management

WolfPAC > Services > Advisory > Vendor Management

WolfPAC Vendor Management Services

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

End-to-End Assessments

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

Risk Mitigation

With WolfPAC, you receive ongoing risk monitoring and real-time alerts of vendor relationship status, cost changes, inefficiencies, and vendor challenges