Vendor Financial Health
Assessment

Key Benefits

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 has 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.

Features

• Overall vendor financial health risk rating
• Year-over-year health rating trend (if available)
• Condensed easy-to-digest assessment including:
  • Balance Sheet
  • Data Income Statement
  • Cash Flow Statement
  • Ratio
• Analyst comments on any findings including a review of disclosures on COVID-19, mergers or acquisitions
• Recommendations for frequency and intensity of further financial monitoring
• Access to financial risk analyst for questions
• Prepared and signed by experienced CPAs

Why It's Important

Financial viability is critically important as it is the foundational core that drives all other deliverables from your vendor.  For example, declining income can mean cost costs, then cutting stuff which impacts customer service levels, all of which may may mean declining information security support which will accelerate system vulnerabilities that put your customers and your reputation at risk. 

Download a Sample

Vendor Financial Health Assessment Sample

Our team of financial risk analysts, commercial credit analysts and CPAs will sift through the vendor's financial details in order to provide you with an easy-to-understand and comprehensive report. Download this sample assessment to see for yourself.