Reduce the Due Diligence Workload
Allow your team to focus on the important strategic decisions.
Venminder offers a range of vendor risk assessments and outsourced managed services to help with the heavy lifting.
To do vendor due diligence correctly, you must collect the documentation and then have a subject matter expert (SME) review the document and provide their assessment. Then, you must take the findings and address any areas discovered that could impose risk to your organization. Auditors and examiners will expect to see this happening. Good vendor due diligence practices will protect your organization, customers, stakeholders and data.
Move away from manual processes to streamline your program. Get quick implementation with Venminder's purpose-built configurable software platform that centralizes "all things vendor" and allows your teams to effectively collaborate together for program efficiency.
Vendor Risk Assessments
Streamline due diligence and avoid needing to add costly internal resources. It's easy to search and order vendor risk assessments in the Venminder Exchange. You can also outsource much of the heavy lifting, like document collection, to our team.
How We Help
Complete support during implementation
Subject matter expertise on hand
Drafting of an enforceable Third-Party Risk Management Policy and Program documentation
Implementation of a Third-Party Risk Management framework based upon the Policy and Program, as well as the platform’s functionality
Support the heavy lifting of onboarding each portfolio company’s vendors, contracts and corresponding documentation onto the Venminder platform
FREE SAMPLE ASSESSMENTS
Download samples of Venminder's Vendor Risk Assessments
The Venminder team completes nearly 30,000 vendor risk assessments annually. Download and evaluate some of Venminder's samples to see how we can take this heavy workload from your team's shoulders allowing them to focus on the important strategic decisions.