Vendor Transparency Solutions is pleased to announce the launch of their latest signature product VTS Basic.
VTS Basic is a cost effective solutions for your contracted service providers that wish to house all of their compliance documents on one structured platform with access to all VTS modules, compliance manual templates, continued education courses and webinars, VTS Complaint Handling Module and the VTS Marketing Module. VTS does not provide any type of due diligence or monitoring for VTS Basic subscribers. At any time during the subscription period, VTS Basic subscribers may upgrade to VTS Professional.
The VTS Basic allows lending institutions access to their service provider’s profile in order to create and conduct their own level of due diligence and monitoring. Because VTS is not providing any due diligence or monitoring, we can offer the product at a much lower rate to your providers.
Lenders utilizing the VTS Platform will now have access to all VTS Basic subscribers and VTS Professional subscribers. Your dashboard will provide you with the means to verify documents, licenses, site inspections and manuals. You will also have the ability to upload documents to your service provider’s profile, specific to your institution and viewable by your institution only. Lenders will also have full access to the VTS Complaint Handling Module, VTS Message Center, VTS Library and VTS Continued Education courses and Webinars.