2018 Vendorly Survey

1. How many employees does your organization have? *This question is required.

• <50
• 50-250
• 250-500
• 500+

2. How much origination volume does your organization produce annually? *This question is required.

• <$250M
• $250M - $500M
• $500M - $1B
• $1B - $3B
• $3B +

3. How many vendors does your organization currently manage? *This question is required.

• <100
• 100-200
• 200-500
• 500+

4. Under what part of the organization does vendor management responsibility fall? (Select all that apply.) *This question is required.

• Legal
• Compliance
• Risk
• Operations
• Other

5. How would you describe your organization's vendor management program? *This question is required.

• Non-existent
• Needs improvement
• Have an updated inventory of vendors
• Full program with established team, policy and procedures

6. How often does your organization monitor and assess vendor performance?

• Do not monitor
• Monthly
• Quarterly
• Annually

7. How many full-time employees (FTE) are dedicated to your vendor management program?

• 0 FTE
• <50% of a FTE
• 1 FTE
• 2 FTEs
• 3+ FTEs

8. Does your organization have a technology to help manage vendors?

• Yes
• No
• If yes, who is used: Please enter an 'other' value for this selection.

9. What do you consider to be the biggest challenge your organization faces within vendor management?

• Knowing who vendors are and tracking them
• Employee capacity to handle workload or vendor management
• Lack of internal expertise on vendor management best practices
• Budget challenges to build a successful vendor management program

10. How do you stay current and monitor the vendor management oversight regulations? (Select all that apply.) *This question is required.

• Attending industry conferences
• Reading industry newsletters
• Participating in industry organizations
• Other - Write In Please enter an 'other' value for this selection.

11. How do you feel technology will impact your vendor management in 2018? (Select all that apply.)

• No impact
• Increase the efficiency of a vendor management program through automation
• Improve the reporting capability to executive management and regulators
• Improve the effectiveness of vendor management by mitigating vendor risks