AuditLink, the audit and compliance division of CU*Answers, has signed Thinkwise Credit Union in San Bernardino, CA, to its vendor management service. “Thinkwise has been a long-standing client of AuditLink services and is the 38th credit union to sign up for our vendor management offering, as well as the first California credit union to do so,” said Jim Vilker, VP of Professional Services and manager of AuditLink.
Heri “Eddie” Garcia, CEO of Thinkwise added that in completing their due diligence and vendor management services, AuditLink stood apart from other offerings. “They designed it in a cooperative spirit with a one-to-many innovative mantra. No other vendor we reviewed had such a comprehensive and all-encompassing solution.”
Thinkwise is a current client of sister core processing CUSO CU*NorthWest. Greg Smith, CU*NorthWest’s CEO added, “Our clients have embraced the services AuditLink has offered since its inception over 10 years ago. The relationship between our client credit unions, CU*NorthWest, and AuditLink has been mutually beneficial for all and instrumental not only in the growth and design of AuditLink’s offerings, but also in the growth of our credit unions and CUSO as well.”
The AuditLink vendor management solution was designed by credit unions who desired to solve the problem of redundancy across the industry. Instead of each credit union or CUSO completing the work independently of each other, the AuditLink solution does due diligence for a vendor and then simply exposes the work to the many. “What I’m most proud of is that our service is a truly cooperative design that drives down the cost of this vital function of credit union operations,” concluded Vilker.