Trusted by nonprofits
Procurement Solutions That
Fit Every Nonprofit's Budget
Building a Foundation for
Long-Term Procurement Success
Polaris is a Washington, DC based nonprofit organization that uses data-driven strategies to prevent human trafficking. Their National Human Trafficking Hotline and the BeFree Textline have allowed them to respond to over 31,000 instances of human trafficking in the US.
The organization had been steadily adding vendors and contracts to support its growth. But without a central procurement function, and a new set of compliance requirements tied to procurements made with federal funding, Polaris needed help in evaluating and improving their procurement operations.
Polaris turned to Vendor Centric for help in getting compliant with the new regulations while also establishing the underlying policies, procedures and systems to maintain efficient and compliant procurement activities going forward.
UG-compliant procurement manual with supporting forms and templates.
Procurement and contract management system to automate activities and document history of procurement.
Library of reports for management, funders and auditors.
THE VENDOR CENTRIC STORY
The book that started it all...
Back in 2011, Tom Rogers wrote Rethinking Vendors because he saw a big problem in the marketplace. Namely, organizations were wasting a lot of money and taking on unnecessary risks when when they viewed - and treated - their vendors as costs rather than important (and sometimes strategic) partners and resources.
Rethinking Vendors made a case for the competitive advantages organizations could achieve if they simply surrounded themselves with the right vendors, and established the right governance and operational structure for managing third-party contracts and relationships.
Helping organizations reduce third-party risk and tap into the value of these relationships was the idea behind Tom launching Vendor Centric that same year. Since then, the company has facilitated hundreds of procurements with nonprofit organizations across the country, helping them align the right people, processes and systems that reduce risk and drive more value from their vendors and other third-parties.
We are experts in what we do because
procurement and third-party management
is the only thing we do.
We’ll help you comply with the Uniform Guidance, adopt best practices and negotiate better contracts. Our four, core services provide great options at any budget.
Check Our Procurement Solution Suite
We'll help you make procurement a competitive advantage by reducing your third-party risk, improving the efficiency of your operations and establishing the appropriate oversight activities to drive more value from your vendors and other third-parties.
We assess your existing procurement and contract management policies, procedures and systems to establish a baseline.
We benchmark you against best practices, regulatory requirements and general trends in the marketplace for similar organizations.
We identify opportunities to streamline processes, reduce risk, improve compliance and save money.
We then help you prioritize and implement recommendations to mature your operations and make procurement a competitive advantage.
We not only understand the issues, we've helped organizations like yours resolve them.
With our specialized expertise and process-driven approach, we will get you measurable results.
Vendor Centric's Procurement Help Desk is like having your own, on-demand procurement department. You get the support you need - when you need it - from specialists who understand procurement regulations and best practices.
Here are just a few things procurement help desk can do:
Provide fast answers to your everyday procurement and contracting questions.
Perform market research on vendors and solutions.
Provide common templates and forms from our growing library of documents.
Manage RFPs and perform proposal analysis.
Provide contract reviews and support.
Ensure all of your documentation is complete and accurate to satisfy Uniform Guidance and other regulations.
We guarantee you will love Help Desk. You can try it for FREE!
Automate your procurement management with VendorRisk, our cloud-based software for centralizing information, streamlining manual processes and running reports quickly and easily.
Here are just a few things you can do with VendorRisk:
Manage and document RFPs, RFQs and sole source procurements.
Conduct risk assessments on your third parties.
Perform due diligence and collect information through a secure vendor portal.
Store contracts and track deliverables, service level agreements (SLAs) and renewals.
Manage tasks and remediate issues.
Run reports on your vendors, contracts and procurement activities.
Show compliance to your auditors.
Get a personalized demo to see why organizations choose VendorRisk.
Vendor Centric's procurement training covers all of the Uniform Guidance procurement compliance requirements while also grounding your staff in procurement and contracting fundamentals. We offer two, customizable programs.
Procure Like a Pro
Procurement vs. subrecipient
Price vs. cost analysis
Contract Like a Pro
Determining when to use a contract
Selecting the right contracting vehicle Selecting the right pricing structure Defining key terms and conditions
Complying with regulatory
Negotiating tips and tactics
We can configure either program specifically for you.
See What Our Clients
Are Saying About Vendor Centric
“I’ve worked with the Vendor Centric team since 2007. They not only provide sound, practical advice, they really understand the marketplace. I reach out to them frequently for insights on both strategic and tactical issues."
EVP, COO & CFO
American Kidney Fund
“Vendor Centric helped us centralize all of our vendors, contracts and procurement information within VendorRisk. I can now maintain documentation for Uniform Guidance, and run reports quickly and easily."
Meridian International Center
“Vendor Centric's training was comprehensive yet practical. We covered all of the procurement regulations while also tackling lots of real world procurement questions that our staff need to answer each and every day."
Let Us Help You Procure Like a Pro.
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