VENDOR VETTING
RISC monitors third-party vendors’ information 24/7 so your team can focus on performance and profitability.
- Complete Visibility - Full compliance transparency including details of each storage lot and recovery agent.
- Lower your staffing and auditing expenses.
- Ensure you have successful audits through RISC's integrated document management platform.
- Secure storage of your vendor compliance documents accessible 24/7.
- Ensure that insurance certificates are valid and genuine.
- Screen for OFAC, vendor policies and procedures, and any other unique documentation you require for auditors and internal management.
- Verify the status of each agents’ CARS Training certification to ensure they are trained for the job.
- Inspect all third-party locations through RISC’s On-site Inspection program.
- RISC carries Errors & Omissions insurance so you are always covered in the event of an error.
Contact us for pricing and details.
FREE analysis of your current vendor vetting
Under a confidentiality agreement, RISC will provide a sample vetting of 3-5 of your current vendors at no charge. Our analysis will uncover any discrepancies or potential liabilities within your current vendor compliance documentation or process. Find out if you are safe from liability today!
Integration into Assignment Platforms
- RISC is an independent company that can seamlessly support you regardless of your repossession assignment platform.
- Additionally, RISC vendor vetting services are completely integrated into the MBSi's RecoveryConnect assignment platform, ensuring an airtight compliance check on your vendors.
Why lenders and national forwarders should use RISC Pro Members.
- RISC Pro is a membership for recovery agency owners who want to take additional steps to ensure they remain in compliance for their clients. Members store their compliance documents within VendorConnect, an MBSi software product, where clients can gain access and RISC monitors expirations.
- If you are looking for the most credible recovery vendors, start with RISC Pro.
- Contact RISC for a list of RISC Pro agents in your region.
