Vendormate Ranked in Fastest Growing Atlanta Companies

ATLANTA, May 4 // -- Vendormate, the market leader in vendor management and credentialing, was recognized by Atlanta Business Chronicle as the 14th fastest growing private company in Atlanta in 2008.

Company revenue crossed the $5 million mark in 2008 as Vendormate expanded its presence throughout the United States. Vendormate provides customized business and representative credentialing and monitoring for enterprises across the U.S.

In healthcare, a number of government agencies and professional associations create guidelines for accreditation, compliance, and best practices. With more than 500 hospitals on board, Vendormate is the leading healthcare vendor credentialing outsourcer. Atlanta Business Chronicle quoted chief financial officer Mark Chapman, "We accomplished this growth due to the immediate need for vendor credentialing and compliance in the healthcare space."

Vendormate is building on its healthcare strength to expand into other highly regulated industries, such as financial services. The software as a service (SaaS) approach gives customers a private-label portal with 24/7 access from any internet connection. Vendormate collects essential information, provides third-party verification, and continually monitors for status changes. Vendors can upload their information and be confident that they will be kept informed about changes in buyer policies and expirations.

About Vendormate, Inc.

Vendormate protects the health of supply chains with a unique vendor credentialing and compliance monitoring solution. The program assures compliance with both internal policies and government mandates, including HIPAA and Deficit Reduction Act. Registered vendors are screened and rated by custom criteria and continuously monitored for non-compliance. An integrated badge feature controls access to facilities. Call 1-877-483-6368, or visit www.vendormate.com or vendorcompliance.wordpress.com.

SOURCE Vendormate

Bill Hayes Promoted to President of Vendormate

ATLANTA, June 18 // -- Vendormate, the market leader in vendor information management and credentialing, has promoted Bill Hayes to the role of president, effective immediately. Andy Monin, who formerly held presidential responsibilities, will focus on assessing and developing strategic opportunities.

"Bill has been an essential driver of the success of Vendormate, steadily guiding our processes, systems, and operations one step ahead of our rapid growth," said Andy Monin, Chairman and CEO of Vendormate. "Bill is now lead on all aspects of our continuing operations."

Since Vendormate's founding in 2005, Mr. Monin has balanced both strategic and operational responsibilities. Now, Mr. Monin will devote his energy to identifying potential partnerships and strategic directions. Already, he has moved Vendormate aggressively into third party compliance for financial services and into value-add services for Vendormate's 100,000 registered healthcare vendors.

Mr. Hayes has been responsible for Vendormate's business operations since 2005. His background includes general management consulting with a strong information technology focus.

"Many talented people have contributed to Vendormate's rise from a start up to a mid-size company that serves over 600 hospitals in the U.S.," said Mr. Hayes. "I'm proud to be part of that group and am excited about the growth ahead of us."

About Vendormate, Inc.

Vendormate protects the health of supply chains with a unique vendor credentialing and compliance monitoring solution. The program assures compliance with both internal policies and government mandates, including HIPAA and Deficit Reduction Act. Registered vendors are screened and rated by custom criteria and continuously monitored for non-compliance. An integrated badge feature controls access to facilities. Call 1-877-483-6368. Visit www.vendormate.com or vendorcompliance.wordpress.com.

SOURCE Vendormate, Inc.