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

Over 800 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 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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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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Document Collection

Ensure you have the right documents on file for review.

One of the biggest challenges that can hinder a due diligence process is the amount of time it takes to request, remind and chase often unresponsive vendors for documents – sometimes multiple times a year.

With Venminder’s Document Collection team, you can return your focus back to your program execution and important strategic decisions. By having the proper documents in your hands, you’re given the tools to properly perform your other third party risk tasks.

Key Benefits

Save Time and Refocus on Other Priorities

Our Document Collection service alleviates you from the cumbersome task of reaching out to the vendor repeatedly throughout the year. You can now fully focus on other daily tasks and review your overall vendor management program as needed. When the time comes to perform your oversight management tasks, it’s as easy as a click of a button to find and review the document(s).


Meet Regulator Expectations

Our team is gathering audit reports, financials, business continuity plans, Certificates of Insurance (COIs) and security testing results just to name a few. We’re ensuring the vendor is providing us as much as possible so that you can assess risk and ensure your examiners are satisfied.

Current, Up-to-Date Documentation Is on File

Venminder will ensure your documents are always up-to-date by collecting each document 30 days before it expires. Once the document has been updated, you will receive a notification alerting you to a new document on file. This ensures you will always have the most current documentation for your due diligence reviews (or, Venminder can review those documents for you).

Venminder Has Strong Vendor Relationships

We have an established relationship with thousands of vendors…and growing! We’ve already built a rapport with many (if not most) of the vendors with whom you conduct business. Since we’ve established such strong relationships with the vendors, it’s easy for our team to speak with the contact fairly quickly to authorize release of documentation to you.



Why It's Important

Due diligence and oversight are a requirement by all the regulatory bodies
Your vendor due diligence should be risk-based and tailored to match the product or service provided by your third party. Standard due diligence requirements involve you collecting and reviewing foundational documents for all your vendors, then based on the vendor type, criticality and risk level, you may need to do additional and expanded due diligence.

Initial due diligence prior to signing a contract and then ongoing due diligence during the course of the relationship is important, as by collecting then reviewing particular documents, you catch errors, potential breaches and other major business impacting issues and can act upon those findings to prevent actual damage to your customers.

Today, due diligence is so important that most organizations require that their third parties contractually commit to supply the documents to avoid disputes down the road regarding what will be provided during the life of the relationship.

 


Order Assessments Online

Assessments can be previewed and ordered directly from the Venminder Exchange

 

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Educational Resources

eBooks

Guide for Collecting Vendor Due Diligence

This in-depth guide will walk you through the process of collecting due diligence and solutions for related common hurdles.

Infographics

10 Tips Collecting Vendor Due Diligence Documents

Better understand when to start your due diligence, what to do if you can't get a document, why you need a good working relationship with your lines of business.

eBooks

Unacceptable Vendor Due Diligence

Performing vendor due diligence is a regulatory requirement and sound business practice. This eBook helps you identify unacceptable vendor due diligence in 5 major reports.

Checklists

Third-Party Risk Management Checklist

Whether you're just getting started or simply are looking to refresh your program, use this comprehensive checklist to guide you to successful vendor management.

Ready to Get Started?

Schedule a personalized solution demonstration to see how Venminder can improve your processes.

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