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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.


Venminder Named a Leader in G2 Fall 2023 Grid® Report for Third Party & Supplier Risk Management Software

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Venminder has been identified as a Leader in the Third Party & Supplier Risk Management Software based on substantial Satisfaction and Market Presence scores from reviews left through

Elizabethtown, KY – Venminder, a global innovator of third-party risk management solutions, announced today that it has been named a Leader in G2's Fall 2023 Grid® Report for Third Party and Supplier Risk Management Software. This recognition is based on the positive responses of real users for each of the third-party and supplier risk management software related questions featured in the G2 review form. 

“Being named a Leader in the G2 Fall 2023 Grid® Report for Third Party & Supplier Risk Management Software is a testament to our commitment to excellence and innovation,” remarked James Hyde, CEO of Venminder. “It's immensely gratifying to know our solutions are resonating with our customers.” 

Within the G2 Fall 2023 reports, Venminder proudly earned:   

  • Leader – Third Party & Supplier Risk Management Fall 2023   
  • Leader – Mid-Market in Third-Party Risk & Supplier Risk Management Fall 2023  
  • Leader – Americas in Third Party & Supplier Risk Management Fall 2023   
  • Leader – Mid-Market Americas in Third Party & Supplier Risk Management Fall 2023   

James Hyde continued to say, “We’re especially honored to be recognized with awards that emphasize our great product ease of use and strong customer relationships. Our focus has always been to enhance our product to deliver an exceptional experience and be a valued partner for our customers. We’re proud to see our investments and customer focused mindset is so well received.” 

“Rankings on G2 reports are based on data provided to us by real software buyers,” said Sara Rossio, Chief Product Officer at G2. “Potential buyers know they can trust these insights when researching and selecting software because they’re rooted in vetted, verified, and authentic reviews.”   

G2 badges are awarded based on positive reviews received from verified users, showcasing Venminder’s excellence in comparison to similar products in various categories. To be included in the report, a product must have garnered 10 or more reviews. 

Learn more about what customers have to say about Venminder on G2:  

About Venminder

Venminder offers a world-class SaaS platform that guides and streamlines third-party risk management. More than 1,200 customers use Venminder to manage the entire end-to-end vendor lifecycle, from onboarding new vendors to ongoing management, to offboarding vendors. Having mastered combining technology with the human experience, Venminder’s software platform enables customers to manage vendors, contracts, due diligence tasks, questionnaires, risk assessments, and monitoring. Completed assessments on vendor controls can be found in the Venminder library and include thorough assessments of a vendor’s information security, SOC reports, contracts, financials, business continuity/disaster recovery, and more. Venminder also powers Third Party ThinkTank, an online free community dedicated to third-party risk professionals. For more information, visit or follow Venminder on LinkedIn, Twitter, and Facebook. 

About G2 

G2 is the world's largest and most trusted software marketplace. More than 80 million people annually — including employees at all Fortune 500 companies — use G2 to make smarter software decisions based on authentic peer reviews. Thousands of software and services companies of all sizes partner with G2 to build their reputation and grow their business — including Salesforce, HubSpot, Zoom, and Adobe. To learn more about where you go for software, visit 

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