Keep one central vendor inventory

Vendor Management policy, §9

Every service provider is listed in one inventory with its function, tier and rationale, owner, contract dates, key provisions, subcontractors, latest diligence and review dates, open issues, status, and any sponsor bank approvals.

Continuous

Updated at every lifecycle step; checked at the annual review

Enter each vendor at onboarding, update the record at every diligence, review, issue, and renewal, and reconcile the inventory against spend annually.

• Vendor inventory

  Register with one row per vendor and the fields the policy lists

Compliance Officer

Leela can build the inventory from your contracts and spend and keep the dates current.

Tell Leela about your company to see whether this applies.