Passageways LLC of West Lafayette, Ind., has joined with PolicyWorks LLC of Des Moines, Iowa, to offer what the credit union specialists call a comprehensive vendor management program.
|Offered either as an in-house or hosted solution, the partnership will provide credit unions with vendor monitoring capabilities, reporting, due diligence checklists and contract organization and renewal alerts followed up with reviews and recommendations. The approach has already passed several audits at various credit unions, the companies said.
|"Our goal is to provide credit unions with the tools they need to navigate through this complicated and demanding regulatory environment. This partnership will provide credit unions with the resources they need to implement a vendor management program that is efficient and sustainable for the long term," said Justin Hupfer, CEO of PolicyWorks.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
