Fully integrated GRC platform
While the SLA Tracking package is a point solution for your vendor management program, by nature it is woven into LogicManager’s fully integrated GRC platform that’s built on a taxonomy framework. This means you can easily tie your most critical vendor and contract management information to other related processes so that other members of your organization can have more context and make more committed and informed plans.
Streamline your processes
Tracking SLAs can be a tedious process, and without a robust software, a lengthy and arduous one too. LogicManager has a number of workflows and automation rules to cut down on time and energy expended on this critical due diligence, so you can work smarter, not harder. You can also easily establish standardized metrics that expedite and simplify your monitoring processes.
Maintain an audit trail
Doing your due diligence with ongoing SLA tracking helps you better understand the risk that each vendor poses to your organization; should they violate your agreement, the proof is time-stamped right there in the LogicManager application. This can then be easily accessed and demonstrated to auditors, investors or other key stakeholders.