Tuesday, March 22, 2011

The first product we would like to spotlight is our Vendor Management and Oversight Risk (VMO) assessment. VMO is an emerging need for many institutions, and, thereby, is an area of increased focus by auditors and regulatory agencies. This assessment can be used to evaluate current practices and implement the initial system, prioritize and implement needed actions, and provide ongoing monitoring to assure long term compliance and results. It recognizes the regulatory requirements, industry best practices, and the institution’s geographical differences. It offers functional insights and is an excellent opportunity to identify both strengths and weaknesses in your program and the vendors that serve your company. For more information please see: http://www.neurametrics.com/vendormgtoversight.html

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