Hi Neil,
We are a Credit Union and just went through this project with my Vendor Manager Trainer. Here's what we came up with:
Appraisers/Title Co.
Attorneys
Banking Technology
Compliance
Consulting – Non-Technical
Contract Tracking (We put some of our branch leases and non-vendors in here just to track the contracts)
Credit
Facilities
Financial Services
HR
Investment Company
Landlord
Lending
Marketing
Non-Vendor
Operations
Technology
I hope this helps!
Sincerely,
Cheryl Turner, CRVPM III
Vendor Manager
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Hello everyone, We're in the process of creating categories for each of our vendor relationships. We're a financial institution, specifically, a...
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Vendor Categories
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Hello everyone,
We're in the process of creating categories for each of our vendor relationships. We're a financial institution, specifically, a credit union. Does anyone have a list of categories related to our type of business that they would be willing to share?
Current state, we don't categorize the types of products/service our vendor provides. How granular does your organization go to categorize these vendor relationships? For example, do you have categories such as Loan Origination Systems, Janitorial, Core, Software, etc.
If someone is willing to share or provide insight, it would be greatly appreciated.
Thank you.
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