Office Machines Nigeria Limited (OMNL) was appointed by the Nigerian Communications Commission to develop and install the Vendor Risk Management System (VRMS). VRMS is a software that was wholly conceptualized, developed and implemented by OMNL.
The Nigerian Communication Commission (NCC) realized the great need to manage their vendors; this need gave way to the development of the project. OMNL designed the VRMS to capture all data relating to the vendors; the software has features like document management, vendor risk assessment, relationship management, third party performance review, due diligence review and a host of others.
The software provides seamless operation for the Commission particularly for the Procurement by automating the process required to manage a vendor thus reducing problems of human error, fraud, nepotism and time wastage.
