Press Release
Snap Finance Builds its Vendor Management Program in a Fraction of the Time Using 3rd Party Toolbox from CEI
FOR IMMEDIATE RELEASE
July 7, 2021
Ocean, NJ —Compliance Education Institute (CEI).
Snap Finance has selected Compliance Education Institute’s 3rd Party Toolbox™ vendor management solution to build a comprehensive vendor management program. 3rd Party Toolbox provides advanced functionality with exceptional ease of use and an intuitive interface. The result is a powerful end-to-end vendor management solution that combines risk, performance and value, transforming data into business intelligence.
“3rd Party Toolbox was the perfect choice for automating our current program and creating a path for its future growth,” noted Shane Lieber, Snap’s Director of Third Party/Merchant Oversight. “The implementation was quick and painless. We were able to import our existing data which drastically reduced the implementation time. We were literally up and running in a couple of days. 3rd Party Toolbox took a fraction of the time to build our program compared to other solutions I’ve used from a variety of vendors, large and small. We can easily customize it on the fly ourselves without needing an IT resource or consultant to write code.”
“As a successful Fintech, Snap understood and appreciated the power of our platform, its flexibility and ease of use,” noted Mick Kless, CEO of Compliance Education Institute. “We were very excited to have been selected by Snap and look forward to helping them grow and evolve their program.”
About SNAP FINANCE
Founded in Salt Lake City, Utah, in 2012, Snap Finance is the leading provider of fast, flexible pay-over-time digital financing solutions for omnichannel retailers. Snap provides financing access beyond traditional credit, opening significant opportunities for retailers to boost sales to a largely underserved market. Snap’s proprietary, AI-driven credit modeling brings modern payment options to consumers who are still growing or rebuilding their credit profiles. Snap’s lease-to-own payment solutions are accepted at more than 30,000 merchants. For more information, visit snapfinance.com.
About Compliance Education Institute LLC
Compliance Education Institute (CEI) is a leading provider of third party risk management (TPRM) Software Solutions, Advisory Services and vendor management Training and Certification courses. 3rd Party Toolbox leverages 40 years of financial services experience, TPRM software development and hands-on experience designing, implementing and managing TPRM programs. The result is a 3rd party risk management solution that addresses your real-world needs.
CEI’s Certified Regulatory Vendor Program Manager (CRVPM®) series of courses is the #1 vendor management program certification course with more than 2,600 graduates in 18 countries. Known for its deep expertise in third party risk management, CEI is the go-to resource for more than 1,000 companies across multiple sectors seeking solutions, education and direction in building and augmenting their third party risk management programs.
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