What is Vendor Connect?

MyVCM Vendor Connect is a groundbreaking new solution to how organizations manage risk related to their vendors.

Vendor Connect is a living ecosystem of vendor assessments. MyVCM customers can invite vendors to complete assessments through MyVCM Lite, a free version of MyVCM, at no cost to customer or vendor. This allows vendors to create and maintain online records of their security and compliance readiness via assessments. Responses link to supporting documentation that are easily accessed and kept up to date. Companies can designate assessments to vendors based on specific regulations, or tailor them to their specific requirements. 

Using the MyVCM Crosswalk capability, vendors can easily map their relevant responses to questions from more than 100 industry standards and regulations. Responses can be sent to one or more customers while the underlying data only has to be maintained in one place.  Using the data from the responses, MyVCM vendors are grouped into different risk pools, giving companies a consolidated and segmented view of their vendor risk landscape.