Vendor Management Software for Banks

Built for Bank Compliance and Efficiency

Vendor oversight is critical for regulatory compliance - but it doesn't have to be complicated. SimplifyIT's vendor management software streamlines the process by integrating directly into your bank's intranet.

Designed for IT, compliance, and audit teams, our platform helps you centralize contracts, track review cycles, and produce audit-ready documentation in minutes.

What You Can Do with SimplifyIT

Track and categorize all third-party vendors in one secure directory
Upload SOC reports, cybersecurity documentation, and insurance files
Assign vendor review tasks to internal departments with due dates
Set up reminders for contract renewals and compliance reviews
Export vendor data for examiners or board meetings

Why Banks Prefer a Built-In Solution

Standalone vendor systems often introduce complexity, new logins, and inconsistent adoption. With SimplifyIT, your vendor management is part of your existing intranet - so staff are already familiar with it, and no extra tools are needed.

This reduces training time, speeds up vendor onboarding, and improves exam outcomes with clear documentation in one place.

Trusted by Community and Regional Banks

Since 2004, SimplifyIT has partnered with banks across the U.S. to improve internal operations and compliance readiness. Our vendor module is just one reason banks stay with us year after year - because it works.

If your team is juggling spreadsheets, folders, and follow-up emails, it's time to centralize and simplify.

Common Questions

What does vendor management software do for banks?

It helps banks organize vendor records, track SOC reports, manage contract renewals, assign risk ratings, and prepare audit-ready reports - all in one place.

Can SimplifyIT track vendor risk and contract due dates?

Yes. You can assign vendor risk levels, set contract renewal reminders, and assign internal tasks with deadlines - fully integrated into your intranet.

How does SimplifyIT help with FDIC or examiner reviews?

SimplifyIT stores documentation, risk assessments, and task completion history so examiners can easily review your vendor oversight process and audit trail.

Why use built-in vendor tools instead of standalone systems?

Intranets like SimplifyIT reduce tool sprawl, improve user adoption, and make it easier to keep vendor data connected to forms, policies, and compliance documentation.

What Our Clients Say

"The CEO wanted me to be sure and let you know that you guys are doing a great job. I think he's impressed. I doubt we've ever had a vendor (in any department) this responsive."

★★★★★ Travis K, VP Information Systems, $147M in Assets