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Vendor Management for Bank Compliance

Centralized Oversight. FDIC Ready.

From vendor contacts and contracts to risk scoring and review notes, SimplifyIT gives banks a single, secure place to manage it all - fully integrated into your intranet system. Designed for FDIC expectations and internal accountability.

Track What Matters Most

  • Create vendor profiles with contact, risk, and service details
  • Upload SOC reports, contracts, due diligence, and renewal dates
  • Set reminders for vendor reviews and contract expirations
  • Log findings from internal assessments or third-party reviews
  • Export records instantly for auditors or board requests

Built Into Your Compliance Workflow

Unlike bolt-on vendor tools, SimplifyIT is already part of your bank's intranet. That means vendor data connects directly to workflow forms, audit response tools, and policy records. One system. Full visibility.

Related Features

Want to See It in Action?

Book a demo or watch the video to see how banks use SimplifyIT to simplify third-party oversight and streamline examiner prep.

 
 
 
 
 
On-Prem or Hosted
 
On-Prem or
 
Hosted
✓ Cloud Hosted.
✓ On Premise.
✓ Self-Hosted.

Choose what
fits your FI.
Audit Ready
 
Audit
 
Ready
✓ Documentation.
✓ Documentation.
✓ More Documentation.

Auditors and examiners love
documentation and exports,
the software abides.
Microsoft Integrated
 
Microsoft
 
Integration
✓ Entra AD.
✓ Teams.
✓ Office 365 Email.

Fully integrated.
 
Smart AI Search
 
AI-Assisted
 
Search
Smart, intent-based
search - powered by
AI. No training. No
exposure. Your data
stays private.
Policy Tracking
 
Policy
 
Tracking
Be ready for auditors
and examiners by
tracking those policy
acknowledgements.
Smart Workflows
 
Smart
 
Workflows
✓ Onboarding.
✓ Offboarding.
✓ Audit Exceptions.
✓ Everything Else.

Route, track and
document.
 
✦ trusted in banking since 2004 ✦