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Vendor Management System (VMS)

Meeting

Our module offers more than just contract management. It is designed with built-in logic and capabilities to provide complete third-party oversight of delegated entities and other vendors who partner with your organization.

Not only does our tool fulfill the fields requested during a CMS audit, but it also includes many additional features to support your end-to-end management of vendors. With our module, you can store your vendor contracts, track renewal dates, and closely monitor service level agreements (SLAs).

This all-in-one solution ensures that you have complete visibility into the performance of your vendors, enabling you to make informed decisions and mitigate risks effectively. Say goodbye to fragmented vendor management processes and hello to a streamlined approach that saves you time and effort.

Experience complete oversight of your vendors with our module, which is designed to meet your needs and exceed your expectations.

Value for the users

  • Communicate with vendors through the tool, reducing errors and forcing accountability

  • Dashboards indicators assist with prioritization of work to avoid missing regulatory deadlines for disclosure

  • Clear lines of accountability between compliance, the business and the vendor

Value for the compliance team

  • Built in delegation assessment and separate risk assessment tools

  • Streamlines vendor auditing and monitoring work flows

  • Increases your audit readiness for CMS Medicare advantage compliance program audit

  • Complete Third Party Oversight capabilities and First Tier Entity (FTE) oversight fields built within the module

  • Easy reporting of vendor list and risks to your senior leadership, board of directors or regulators

  • Vendors are users with limited access, so all documentation and attestations are easily tracked and stored

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