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Determine if your vendor is financially sound, or vulnerable
Receive a qualified risk rating of your vendor’s overall financial health so you can make empowered decisions that safeguard your organization. Know if your vendor poses a risk level of Confident, Satisfactory, Cautious, or Vulnerable.
Predict future outlook of potential risky behavior
Informed decisions can save you in the long term. A vendor’s declining income can mean cost cuts (like cutting staff). Less staff means poorer service levels and, ultimately, less information security support which can accelerate system vulnerabilities.
Speed up processes and save your internal resources time
Venminder uses qualified financial risk analysts and CPAs to assess the financial viability of vendors which can save your internal resources time during the due diligence processes and allow them to focus on the important strategic initiatives and decisions.
Free Sample
Vendor Financial Health Assessment Sample
Get a free sample one of this assessment to see how Venminder can help you review and assess vendor viability.
