Software

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. 

Overview
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.

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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.

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Use Cases

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

Industries

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

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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.

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About

Venminder is an industry recognized leader of third-party risk management solutions. 

Our Customers

900 organizations use Venminder today to proactively manage and mitigate vendor risks.

Get Engaged

We provide lots of ways for you to stay up-to-date on the latest best practices and trends.

Gartner 2020
Venminder received high scores in the Gartner Critical Capabilities for IT Vendor Risk Management Tools 2021 Report

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Resources

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

Webinars

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

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On-Demand Webinars

 

Community

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.

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Venminder Samples

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

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State of Third-Party Risk Management 2022

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

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FREE SAMPLE

Request a sample Venmonitor™ report today

See how you can use Venmonitor™ as a single pane of glass to view essential risk domain intelligence to enhance the efficiency of vetting and screening of third parties.

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Venmonitor™ Risk Domains

  • Cybersecurity: Third-party vendors can be an organization’s weakest link and leave them vulnerable to data breaches, compromising customer data. Venmonitor™ provides access to cybersecurity data and scores received from multiple leading cybersecurity monitoring partners.

  • Business Health and Credit Risk: A third party with poor financial health or credit runs the risk of going out of business before the contract term is up. Venmonitor™ gives access to key intelligence data that can help an organization determine the risk level of doing business with that third party.
  • Privacy: Low privacy scores can be an indicator of inadequate or non-existent policies, no employee training, inadequate data governance, or improper data use. Venmonitor™ gives access to see an overall score that ranks the third party’s privacy practices as well as the top negative contributing factors to its privacy risk profile.

  • ESG (Environmental, Social, and Governance): There is an immediate need to move away from current business practices that endanger people and the planet. ESG refers to the specific metrics used to measure and report an organization’s progress against its ethical goals. Venmonitor™ gives access to view a third party’s ESG scores that can help organizations determine if the third party has implemented sustainable business practices and align to an organization’s ESG goals.

  • Negative News: In a world where millions of pieces of information are published daily in official and unofficial news sources, it can take just one to cause financial or reputational damage. Venmonitor™ gives access to a wide range of AI-powered predictive analytics that classify, rank, score, and extract meaningful insights from unstructured data sources.

  • Know Your Vendor: It is important to establish the identity and legal status of third parties. Sanctioned organizations and individuals, shell companies, obscured legal entities, beneficial owners, politically exposed persons, regulatory enforcement, and legal proceedings are not always discovered during due diligence. Venmonitor™ will give insight into if the third party has any criminal or regulatory enforcement action against them.

 



Learn more about Venmonitor™ in less than a minute.

Streamline your due diligence and monitoring by gaining access to centralized risk intelligence.

Frequently Asked Questions

What is Venmonitor?

Venmonitor™ is a new software tool that brings the industry’s best risk intelligence data into one central location, allowing you to easily screen vendor or supplier performance across multiple risk domains. Venmonitor™ provides comprehensive coverage into cybersecurity risk, ESG risk, privacy risk, Know Your Vendor risk, business health and credit risk, and negative news and adverse media.

Who provides the risk intelligence data?

The industry's best risk intelligence providers are partnered with us to supply the data for Venmonitor™. When tailoring your Venmonitor™ package, you get to choose which provider data you want to see, whether only a select few, or all available providers. 

Do I need to have a subscription to each risk intelligence provider?

No. To use Venmonitor™, you do not need to have a subscription with any of the risk intelligence providers, you directly contract with Venminder for Venmonitor™ only. Many of our customers do choose to move forward with select providers to gain access to deeper intelligence and if you get to that point, we'll be happy to assist and guide you in that evaluation. 

Do I need to use Venminder software to use Venmonitor?

No! While together they are more powerful, Venmonitor™ is available for purchase as a standalone tool. 

Is Venmonitor a static report?

Venmonitor™ has two primary frequencies that you can leverage:

  • A point-in-time static view for on-demand screening
  • A continuous monitoring solution where data on loaded vendors is refreshed automatically