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 2020 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 2021

Venminder’s State of Third-Party Risk Management 2021 survey provides insight into how organizations are managing third-party risk management in today’s increasing regulatory and risky climate.

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Issue Management

2 min read
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Identify, manage, monitor and remediate vendor issues by collaborating with your team in one central location

Unexpected issues can occur with a vendor at any time making it critical for you to have a process in place to identify, track, manage and remediate them. When vendors fail to perform, it could have an impact on your operations, reputation or be detrimental to your customer experience. 

With Venminder's Issue Management Module, we can make it easy for you to centralize and implement processes that guide through the lifecycle of the issue and give visibility into the frequency, severity and status of issues at your vendors so you can take the appropriate action.

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  • Create a consistent and centralized approach that fits your unique needs
    Instead of relying on your team to email you issues, you can now easily create a centralized process with unlimited custom fields and follow-up procedures as well as set manager approval workflows.
     
  • Increase your visibility into your vendor's performance
    Gain fast insight through robust reporting into the frequency, severity and status of all open and previous vendor issues so you can determine if vendors are failing to meet your needs and possibly need re-evaluation.

  • Quickly spot issues that could be indicators of risky behavior
    Vendor issues can be the result of underlying problems, which could then affect the quality of information security. With processes in place to trigger actions and alerts, you can quickly spot issues that may suggest increased risk at that vendor.

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Features Include:
  • Create approval workflows
  • Define custom severity levels
  • Create unlimited custom fields
  • Multiple answer formats
  • Define minimum required fields
  • Dashboard view
  • Document, record and track issues progress
  • Create follow-up procedures
  • Easily flag issues from questionnaires
  • History tracking
  • Team collaboration
  • Identify escalation contact 
  • Product reports to gain insight into all issue management activity
  • Visual reports for high-level statistics
  • Data reports for dive deeps into the issue data being tracked
  • Easily download all reports
 
 If you are interested in learning more about issue management, please request a demo by clicking here

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