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Venminder

Manage Vendors
Mitigate Risk
Reduce Workload

Transform your third party risk management processes by effectively and efficiently managing your vendors throughout the lifecycle of the relationship.
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How We Help

How Venminder Can Help

Software

Centralize the data on your third parties with a platform that will allow you to efficiently manage, monitor and risk assess.

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Venminder Managed Services

Managed Services

Our industry experts and certified team can become your cost-effective staff augmentation answer.

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Scalable

One size does not fit all. Whether you are a small or large organization, our solutions can be customized to your specific needs.

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Software

Venminder Software Feature Oversight Management

Feature

Oversight Management


Mitigate risk through monitoring and oversight

  • Vendor profile to set control requirements
  • Create and assign oversight tasks to any user
  • Record results of tasks/review
  • Storage of all historical risk rating report history
  • Run Vendor Oversight Status reports for senior management, the board and examiners

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Venminder Software Feature Risk Assessment

Feature

Risk Assessment


Assess and score risk on all your vendors

  • Configurable templates, weighting, answer format, questionnaires
  • Invite co-workers for collaboration
  • Templates provided or create your own
  • Assessment capabilities of both Inherent and Residual Risk and reevaluate Residual Risk as needed
  • Clear, concise reports including final collaborative rating

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Venminder Software Feature Con Managtractement

Feature

Contract Management


Gain complete control and management of your contracts

  • All data entry by our paralegal staff
  • Reminders of upcoming expiration dates
  • Customizable notification timelines

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Venminder Software Feature Questionnaires

Feature

Questionnaires


Automate the collection of data and documentation

  • Create a library of questionnaires (RFP, InfoSec etc.)
  • Automation of quesionnaire lifecycle (send, response, review)
  • Secure vendor portal to submit response and artifacts
  • Track progress against deadlines
  • Save responses and documents in-app

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Venminder Software Feature And More

Feature

And More

  • Create meaningful, easy-to-use reports for clear visibility into your vendors
  • Produce a comprehensive report guaranteed to improess your auditor or examiner
  • Place orders for any managed service quicly and easily within the application
  • Both API and SSO integration options available

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Managed Services

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Customer Success Stories

We’ve discovered a great product, with a great company and a great team. Everyone that I’ve talked to at Venminder has been extremely helpful, extremely transparent, really just bar none.

Tracie Kosakowski
SVP, Chief Compliance Officer, Radius Bank

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What We Do

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News & Resources

Free Resource

State of Third Party Risk Management 2018

Our survey of over 100 companies shows the need that comprehensive and in-depth risk management has never been greater. From program maturity to examiner expectations and more, this paper is packed full of useful information.

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Latest Blog Post

Red Flags in Critical Vendor SOC Reports

Oct 17, 2018 9:30:00 AM | by Desiree Ericksen

When you begin your initial due diligence or regular monitoring of a vendor, one of the first things to do is to request all their SOC reports. You also need to ask for the SOC reports for any critical subservice organizations (fourth parties). This includes both SOC 1 and SOC 2 reports.

Why Do You...

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Upcoming Event

Writing Effective Vendor Management Policy and Program Documents Webinar

October 30, 2018 | 2:00PM ET

Join us for this session where we'll cover the first essential step in building an exam proof vendor management operation: your vendor risk management policy and program documents. 

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Join hundreds of clients and see how Venminder can help.

REQUEST A DEMO