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. 

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.

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.


Use Cases

Learn more on how customers are using Venminder to transform their third-party risk management programs. 


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

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.



Trends, best practices and insights to keep you current in your knowledge of third-party risk.


Earn CPE credit and stay current on the latest best practices and trends in third-party risk management.  

See Upcoming Webinars

On-Demand Webinars



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.



Venminder Samples

Download samples of Venminder's vendor risk assessments and see how we can help reduce the workload. 

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.



Initial Vendor Vetting Package of a Third Party

Our Initial Vendor Vetting Package (VVP) simplifies the preliminary vendor screening by confirming the availability of essential documents and actively collecting them for you. This service delivers a clear "yes" or "no" regarding document presence, streamlining your review process. By handling document collection and verification, the VVP enables your organization to swiftly determine which vendors fulfill the basic criteria necessary for further engagement, helping you make informed decisions with confidence. 

Request a Demo →
Get One Free Assessment →
VVP Download


See It in Action: Take a tour of the Initial Vendor Vetting Package of a Third Party

Delegating this task allows your team to receive a definitive assessment of your potential vendor's document readiness. By handling the collection and verification of these documents, the VVP allows your organization to quickly identify which vendors are prepared to move forward, ensuring you have the necessary documentation to assess their compliance and operational readiness effectively. This approach provides a clear, comprehensive view of each vendor's document status, streamlining your initial review and helping you make informed decisions with greater confidence. 

Most Commonly Used For:
Critical Financial Partners and Key Service Providers

Take the VVP Tour

Our streamlined process quickly verifies and collects essential vendor documents, providing clear insight into vendor readiness. 

Request a Demo →


Vendor Profile

In the Vendor Profile section, we collect foundational information about each potential vendor, such as corporate address, key contact, website, and a brief service description. This assists in providing an initial understanding of the vendor’s business identity. 

vvp vendor searches

Vendor Searches

The Vendor Searches area involves a basic verification of the availability of important documents, such as Articles of Incorporation and OFAC checks on the vendor and C-level executives. This process ensures the vendor's compliance with basic legal and regulatory requirements by confirming document presence, not detailed compliance. The benefit here is twofold: reviewing the vendor’s document credibility and reducing potential legal and operational risks at the start of a potential vendor relationship. 

vvp vendor qa

Vendor Q&A

The Vendor Q&A section simplifies the engagement process by checking if vendors can provide specific policy and operational documents upon request, offering insights into their readiness and organizational capability. 

vvp references

References Provided By The Vendor

References from vendors are gathered to provide potential insights into the vendor’s reliability and customer satisfaction. This section helps establish a preliminary level of trust and reputation in the market. These references are invaluable as they allow your organization to gauge satisfaction levels directly from those who have engaged with the vendor previously, providing an external perspective on the vendor’s quality of service and reliability. 

 More than just number-crunching

Document Verification and Collection 

The Initial Vendor Vetting Package addresses the challenge of initial document gathering by verifying whether potential vendors possess key documents like business licenses, insurance certificates, and SOC reports. This service provides a straightforward indication of document availability, provides all documents that were available to you, and ultimately helps streamline the initial phases of vendor vetting. 

Request a Demo →


Transparency and Streamlined Vendor Evaluation  

By confirming the existence of essential documentation, the Initial Vendor Vetting Package allows your organization to quickly narrow down potential vendors based on basic compliance with documentation standards. This streamlined approach aids in focusing resources on vendors that have passed this preliminary hurdle. This package confirms or denies the existence of these critical documents and procedures and provides all collected documents to you, providing a clear response that enhances transparency in the initial vetting process. 

Request a Demo →

Facilitating Quick Decision-Making 

The simplicity of the Initial Vendor Vetting Package facilitates faster decision-making in the early stages of vendor assessment. By providing a clear, binary (yes/no) response on document availability, the IVP ensures that your organization can swiftly move forward with vendors that meet basic documentation requirements. This package equips you to respond proactively to potential risks identified during the initial vetting stage, ensuring informed and strategic vendor selection at the most basic level. 

Request a Demo →

How it works


Gather Essential Information 

Our team initiates the process by collecting foundational details about each potential vendor, such as corporate address, key contacts, and a brief description of their services. This helps us understand the vendor's business identity and operational scope. 


Verify Key Documents 

We conduct basic checks for critical documents like Articles of Incorporation and OFAC screenings. This step helps you ensure that your potential vendor will meet fundamental compliance and regulatory requirements, setting a baseline for further assessments. 


Consolidate and Review Vendor Data 

Collected documents and information are consolidated and reviewed to provide a clear picture of the vendor’s documentation status and overall readiness. This overview allows for an initial assessment of the vendor's reliability and compliance. 


Facilitate Informed Decision-Making 

You receive a comprehensive package detailing the findings from the initial vetting process, available directly on the Venminder platform. This information aids your organization’s leaders in making informed decisions about whether to proceed with the vendor based on their initial compliance and readiness. 


Discover why Venminder
is top-rated by customers

Know if vendors and suppliers are in compliance with
industry guidelines, frameworks, standards, and laws

  • ccpa
  • gdpr
  • virginia
  • fdic
  • hippa
Technology Standards and Frameworks

AICPA Trust Services Criteria​

ISO/IEC 27001:2022​

NIST Framework for Improving Critical Infrastructure Cybersecurity version 1.1​

NIST SP 800-53 Rev. 5 Security and Privacy Controls for Information Systems and Organizations​

NIST SP 800-63b Digital Identity Guidelines​


Regulations, Statutes, and Laws

California Consumer Privacy Act​

California Privacy Rights Act​

Canadian Personal Information Protection and Electronic Documents Act​

China Personal Information Protection Law​

Colorado Privacy Act​

Connecticut Data Privacy Act​

EU General Data Protection Regulation​

Health Insurance Portability and Accountability Act​

Interagency Guidelines Establishing Information Security Standards​

Interagency Guidance on Third-Party Relationships​

New York Department of Financial Services - 23 NYCRR 500​

Industry Guidance

Center for Internet Security – Critical Security Controls v8​

FFIEC IT Examination Handbook – Audit Booklet

FFIEC IT Examination Handbook – Business Continuity Booklet​

FFIEC IT Examination Handbook – Management Booklet​

FFIEC IT Examination Handbook – Operations Booklet​

FFIEC IT Examination Handbook – Outsourcing Technology Services​

FFIEC IT Examination Handbook - Wholesale Payment Systems Booklet​

FINRA Report on Cybersecurity Practices​

OCC 2021-36 Authentication and Access to Financial Institution Services and Systems​

SEC Regulation SCI reference to NIST 800-53 Rev. 4​

Learn about the regulations, standards, guidelines, and laws that our assessments map to here >



Free Sample

Initial Vendor Vetting Package of a Third Party

Get a sample copy of this package to see how Venminder can reduce your work and help you identify potential gaps at your vendor before they disrupt your business or your customers.

Explore Venminder

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

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