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.

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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

 

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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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podcast

3 Reasons to Keep Your Third Party Risk Management Program Independent

CPE Credit Eligible

Is your third-party risk management program lumped in with other functions?

Keeping your third-party risk management efforts independent from other business processes is critical. In this 90-second podcast, we cover the three most important reasons why you need to keep third party risk workflows separate.

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Podcast Transcript

Hi – my name is Josh with Venminder. joshua-cooper-headshot-CIRCLE

In this 90-second podcast, you’re going to learn a few reasons why we believe it’s best to keep your third-party risk management program independent of the lines of business.

We have a team of third party risk officers who consult on best practices like this every day.

Third party risk should be independent of the lines of business, or departments, and depend on the hierarchy that has been decided and implemented into your policy documentation. And, third-party risk should report to the board of directors or the organization’s risk committee.

Here are 3 reasons why:

First, this means that third party risk is the primary focus for the group and decisions are made that will best align with the organization’s strategic goals, not a specific department. 

Second, by including or reporting to the board, this means you can check off an important regulatory requirement, which is active involvement by the board - per OCC Bulletins 2013-29 and 2017-7.

Third, everyone involved will have an opportunity to share their opinion regarding vendors. Third-party risk management will have an equal say or vote in what gets decided at meetings rather than drowned out by a line of business.

By keeping third-party risk management independent, you’re ensuring that the decisions are as non-bias as possible and are also in the best interest of the organization and customers.

Thanks for tuning in; catch you next time!

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