Vendor management software for financial institutions, banks, and credit unions
Grow responsible vendor relationships
The right vendor relationships can reduce costs, manage risk, and show a positive commitment to the communities you serve. Tap into over 10M vendors with Supplier.io.
- Accurately track your spend
- Source more responsibly
- Demonstrate your positive impact on the community
Vendor management software for banks and financial institutions
Meet regulatory requirements with better data and tools
Accurate data and easy-to-use software for risk management and regulatory requirements.
- Enrich your current supplier data
- Identify local, small, and diverse suppliers
- Analyze your spend by department and location
- Centralize reporting across suppliers
- Automate supplier data updates
- Track and monitor supplier certifications
- Search for suppliers among 10+ million-strong database
- Vet possible suppliers based on up to 50 different attributes
- See suppliers that your industry peers are already using
- Report the positive impact of your spend on the community
- Demonstrate value on jobs, income, and taxes
- Showcase specific cities, states, and national results
Suppliers to search from
Supplier insights to vet
Certifications tracked
We offer a centralized platform for discovering, tracking, and measuring the impact of sourcing with small, diverse, and sustainable suppliers to build a more competitive and resilient supply chain.
Our platformThe leader in vendor management for credit unions and financial services
Get accurate vendor information by matching spend against our industry-leading database of 10 million suppliers and over 5 million certifications.
Make vendor management and due diligence easy by searching our global database for the right supplier based on over 350 million vendor insights, including over $9 trillion in historical spend data.
Track progress, showcase results, and prove the value of your procurement programs to your organization, your stakeholders, and the communities you serve.
Pass risk assessments by building off of 20+ years of Supplier.io leadership with best practices built into the product and expert advice just a phone call away.
Testimonials
Hear what leaders say about Supplier.io
It’s critical that our customers and our supply base reflect the communities that we do work in. And I’m proud to say that they do. Supplier Diversity is an important part of our story and our DNA here.”
The innovation and the scrappiness that can come along with bringing in diverse suppliers allows us to see what can be done, especially in times that we don’t know what to do.”
Supplier.io’s Annual Economic Impact Report
We’ve measured the positive economic impact Supplier.io customers are having on the economy, people, and communities they support.
Read the report Frequently asked questions
Details about vendor management for financial institutions
In financial services, the data and details really matter. Vendor management software helps financial institutions accurately know who they are sourcing with today, and make data-driven decisions about who to source with in the future. One key attribute to track is the size and diversity status of the vendors, as well as their compliance with contracts and due diligence requirements.
We have been supporting financial institutions for over two decades. Our extensive data of over 10 million suppliers is regularly updated to ensure the most accurate reporting. We track critical details like certification status and expirations to support due diligence and make sure reporting is always up to date. And our easy-to-use search capabilities make vendor sourcing and vetting fast and easy.
Financial services organizations, in particular, are required to invest in their communities as defined by the Community Reinvestment Act (CRA). The CRA was enacted in 1977 against a backdrop of urban decay and a lack of investment in communities.
Many states also have regulations that require organizations to invest in local small and diverse businesses. We simplify this process by providing accurate reporting tools that align with compliance requirements and reduce the burden on your internal teams.
We have extensive data on over 10 million global suppliers, including over 5 million certifications and over $9 trillion in historical spend data. This enables your institution to reduce costs through smarter sourcing while enhancing risk management practices.
By minimizing manual tracking, ensuring due diligence, and improving visibility into vendor performance, we help you protect your customers, meet compliance expectations, and build a more resilient supply chain.
Additional insights
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Take your procurement program to the next level with industry-leading data, software, and best practices.