VendorWise

VendorWise

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Elevate Your Vendor Vetting Process with VendorWise/h1>

Help Address and Assess Critical Aspects of Vendor Risk Management with VendorWISE, powered by CBIZ

As the rise in fraudulent vendors increases, so does the need for robust, thorough, and consistent vendor vetting. For many companies, this process is difficult to maintain effectively, and they rely on the internal requestor to honestly perform any necessary vetting — creating several opportunities for breaches in trust and lack of oversight.

With VendorWISE, CBIZ offers in-depth outsourced vendor vetting services to help our clients ensure they only enter into legitimate, productive, and beneficial relationships with suppliers and vendors.

 

Know Your Vendor, Know What’s Next

With increasing reliance on outsourcing for company functions, knowing who supplies your services is more important than ever. Verifying your vendor’s credentials, track record, and reputation ensures you avoid issues like fraud or inferior performance. By outsourcing vendor management with VendorWISE, you can focus on your core business activities while ensuring that your partners meet your specific needs and expectations.

Our service combines automation, personal expertise, data analytics, and comprehensive scoring to identify legitimate and valuable supplier relationships — empowering your business with the knowledge that you have reliable and accountable support.

 

 

VendorWISE Assurance and Accountability Process

VendorWISE Assurance and Accountability Process

 

Quality, Specificity, and Flexibility

Whether you only need to vet a new vendor or supplier occasionally, or fully integrate ongoing vetting as a critical step in your organization, CBIZ can provide a solution tailored to your specific needs.

Current options include:

 

Specific Vetting

VendorWISE is a scalable service that allows our clients to vet their suppliers only as needed. Whether you need to review multiple vendors a month or only occasionally, VendorWISE is the affordable, effective solution of choice.

Fully Integrated Vetting

Issues can arise from vendors of all sizes. For those clients who prefer the ongoing assurance that only properly vetted suppliers are engaged, we will work with them to integrate our service as part of their routine vendor onboarding program. That way, each vendor or supplier will be validated before fully engaging their services.

Current Vendors

VendorWISE is also an excellent option to evaluate & reverify the status of currently used third-party suppliers, particularly vendor relationships that are critical to the daily operations of your business that management has concerns with. This is especially helpful when your industry experiences the unavoidable ups and downs of the marketplace.

Data Analytics

When desired, we can provide analysis on vendors that have historically been processed to determine trends and provide other actionable data to decision makers.

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Jeff Dehart

Managing Director

 918.706.5410
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Kasey Bratton

Senior Manager

 (225) 892-3451

*CBIZ is a business consulting, tax and financial services provider and works closely with MHM (Mayer Hoffman McCann P.C.), an independent CPA firm providing audit, review and attest services.   CBIZ and MHM are members of Kreston International, a global network of independent accounting firms.