Gain a 360-degree view of third-party risk by using our SaaS software to centralize, track, automate, assess and report on your vendors. 

Managed Services

Let us handle the manual labor of third-party risk management by collaborating with our experts to reduce the workload and mature your program. 

Document Collection
Policy/Program Template/Consulting
Virtual Vendor Management Office
Vendor Site Audit

Ongoing Monitoring

Let us handle the manual labor of third-party risk management by collaborating with our experts.

Venminder Exchange

As Venminder completes assessments for clients on new vendors, they are then made available inside the Venminder Exchange for you to preview scores and purchase as you need.


Use Cases

Learn more on how customers are using Venminder to transform their third-party risk management programs. 


Venminder is used by organizations of all sizes in all industries to mitigate vendor risk and streamline processes

Why Venminder

We focus on the needs of our customers by working closely and creating a collaborative partnership

Sample Vendor Risk Assessments

Venminder experts complete 30,000 vendor risk assessments annually. Download samples to see how outsourcing to Venminder can reduce your workload.



Trends, best practices and insights to keep you current in your knowledge of third-party risk.


Earn CPE credit and stay current on the latest best practices and trends in third-party risk management.  

See Upcoming Webinars

On-Demand Webinars



Join a free community dedicated to third-party risk professionals where you can network with your peers. 

Weekly Newsletter

Receive the popular Third Party Thursday newsletter into your inbox every Thursday with the latest and greatest updates.



Venminder Samples

Download samples of Venminder's vendor risk assessments and see how we can help reduce the workload. 

State of Third-Party Risk Management 2023!

Venminder's seventh annual whitepaper provides insight from a variety of surveyed individuals into how organizations manage third-party risk today.


4 Tips to Help You Create Proper Vendor Risk Questionnaires

2 min read
Featured Image

Vendor risk questionnaires must be meticulously crafted to ensure they’re in compliance with industry regulations and best practices. The ultimate goal of the questionnaire is to make sure it’s helping you analyze vendor risk well and is assisting greatly with protecting your organization from additional risks.

4 Best Practices for Vendor Risk Questionnaires

Here are four tips to help you create a vendor risk questionnaire: 

  1. If you’re in a regulated industry, consider your guidance when crafting the questionnaire. If you’re not in a regulated industry, review other industry guidance around risk assessments and use that as your guide. The FDIC released very informative guidance in FIL 44-2008.

  2. Develop a uniformed rating system. A rating system will assist with scoring vendors effectively. As a quick tip, I recommend you always have two ratings. These are the business impact risk score, which captures if the vendor is critical or non-critical, and a regulatory risk score, which shows a final risk level like high, moderate or low risk.

  3. Decide on the questions to include. Seek input from your internal subject matter experts (SMEs) when drafting questionnaires. They’ll have great feedback regarding the important questions to include to ensure you’re adequately covering their areas of expertise when assessing the vendor.

  4. Create multiple questionnaires. Not all products or services are created equal. Therefore, they won’t all be evaluated in the same manner. Group your vendors into buckets like core processors, marketing agencies, telecommunication vendors, etc. and draft a vendor risk questionnaire for each one. This will really help streamline the process.

Creating a proper vendor risk questionnaire is an extremely important factor in any vendor management program. However, it’s important to remember that your due diligence doesn’t end with the answered questionnaire. Always take it a step further and analyze the results. That’s when the vendor risk questionnaire leads to a full vendor risk assessment and sets your organization up for continued success.

Need more information on how to create vendor risk questionnaires? Download this guide.New Call-to-action

Subscribe to Venminder

Get expert insights straight to your inbox.

Ready to Get Started?

Schedule a personalized solution demonstration to see if Venminder is a fit for you.

Request a Demo