Case Studies

This Fortune 500 global consumer goods company with a portfolio of well-known, household brands relies on a network of third-party vendors who provide various products and services to support business operations.

Through elevating supply chain cybersecurity, a Global Energy Company was able to reduce time and cost of screening, enhance risk management and mitigation, avoid engaging with suppliers with low security posture, and increase productivity through faster and more informed decisions. 

Prior to Venminder, the bank had contracted with multiple technology software providers to meet their program’s needs. As those systems did not integrate or “talk” to one another, it made their program difficult to scale and mature.

Frost Bank was looking for a platform that could give more visibility into their overall vendor management process and encourage buy-in from the various lines of business.

With the help of Venminder software, Doane University was able to create a process for vendor contract management that was less manual and more efficient.

The credit union's online portal lacked automation benefits and they also were using Excel to risk rank vendors.

Flushing Bank had a strong need for transparency throughout their vendor risk management program but were finding it difficult to achieve this using a module inside an Enterprise Risk Management (ERM).

Competing priorities, lack of time and personnel, and a file cabinet full of contracts across all branches made vendor risk management overwhelming.

With over $8.6 billion in assets, First Tech Federal Credit Union is one of the ten largest credit unions in the United States, serving more than 425,000 members nationwide.