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.  

See Upcoming Webinars

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.

Subscribe

 

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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Issue Management

Log and track issues in vendor performance.

Identify, manage, monitor and remediate vendor issues

 

Centralize and implement processes that guide internal collaborators through the lifecycle of an issue. You gain visibility into the frequency, severity, and status of vendor issues so you can take action and, when it’s time, have meaningful conversations with your vendor regarding performance.

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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 approval workflows.

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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.

risk


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.

Track issues all the way through to resolution


The process of follow-up, management, and remediation becomes easier to track and finish to reduce the vendor risk.

issue management

 

Create approval workflows and follow-up procedures

Workflows can guide users through the process of remediating the issue. You can also set to allow issues to be closed with or without approval. 

Define custom severity levels

Set the number of levels and customize the naming convention. For example, you may want Critical/Severe, Moderately Severe, Moderate, Moderate-Minimal, and Minimal. This then can become a field users have to fill in when submitting an issue.

Issue Management

 

IM dashboard

 

Dashboard view

The dashboard makes it easy to digest all the issues in progress. It is also helpful to reference when it's time to renew a vendor contract - you're able to determine if based on the level of risk or criticality of the issues if the vendor should be replaced or not.

Drive results with robust features

Create unlimited custom fields

Edit existing fields but also create an unlimited number of additional fields to fit your process.

Multiple answer formats

Answer formats include short free form, long free form, dropdown, date, and more.

Define minimum required fields

Make certain fields required to fill in as users are entering and updating issues.

Document, record, and track issues progress

As more issues need to be added or updates occur on an issue, all of those can be properly entered into the system. Easily search for issues with filters. You can also see issue history and reopen previously closed issues.

people

It’s not just about our platform.
It’s about our people.

checkSpecialize in third-party risk management and are passionate about it's importance
 
checkHold a wide range of certifications and qualifications including CISSP, CTPRP, Paralegal, CPA, CRISC, GCIH, ABCP, CCNA, and more
 
checkStay current on industry trends and latest news
 
checkOn hand to provide advice to our customers and community
 
checkDrive our educational content and advocate for best practice third-party risk management

You won't just hear it from us

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(4.7 out of 5 | 108 Gartner Peer Insights Reviews)
As of March 31, 2022
"Their vendor assessment service takes a significant amount of time and pressure off of our staff, who don’t have the expertise to adequately review most high-risk or critical vendors."
VP Compliance
time
“Very user friendly with tons of features that can be utilized to automate manual processes. Everything is in one place and easy to find/access. Makes tracking down information easy and consistent "
Administrator, VRM
work
“Can't say enough good things about Venminder! It is an excellent vendor management solution right out of the box, but it is also flexible and configurable to fit almost any vm program"
Vendor Management, InfoSec Specialist
software1
"Switching to Venminder has been absolutely life-changing, and I can't say enough good things about this amazing platform!"
Sourcing, Procurement and Vendor Management Leader
risk1
"Venminder's platform provides a great centralized tool to track, assess, and review vendors. It provides robust functionality around each of the phases of the overall vendor lifecycle"
Analyst, VRM
due dili
"It has provided a platform to better manage our Vendor Relationships throughout the entire vendor lifecycle. Venminder has also provided top notch support every step of the way"
Vendor Relationship Manager
support

Continue your exploration

Ready to make Venminder your home for managing vendors and their risk?

Schedule a live demo with Venminder to learn more.
Request a Demo
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