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

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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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Reputation Risk
Assessment

Understand your third party’s operating processes to verify they’re protecting their reputation and your own reputation.

Reputation risk occurs when negative publicity regarding your organization's business practices is reported on, often leading to declining consumer trust and negative association. Your organization's reputation and customer trust are normally impacted by a perceived or real breach or inability to conduct business to consumer expectations.

We understand each vendor is different and the risks posed are unique or more significant in specific areas. With Venminder’s Reputation Risk Assessment, we analyze five different groups of vendors, which means there are five versions of our Reputation Risk Analysis service bringing aspects from financial health, consumer complaints, information security and more areas of risk, all wrapped up into one summarized analysis. We make sure to cover all the bases.

 

 

Key Benefits

Get a Fully Customized Analysis Based on the Vendor Type

Venminder’s Reputation Risk Analysis addresses reputation risk concerns based on 5 vendor types and access levels:

  • Critical Vendors
  • Critical Third and Fourth Parties Interacting with Non-Public Information (NPI)
  • Vendors with Direct Customer Communication
  • Non-Tech Vendors with NPI Access
  • Vendors with Indirect NPI Access

A Thorough Review of the Vendor’s Operations

Venminder will review the following on each vendor and provide a synopsis of findings as well as recommended next steps, making the Reputation Risk Assessment all-inclusive:

  • Policies and Procedures
  • Vendor Vetting
  • Financial Health
  • Information Security
  • Regulatory Compliance and Operations
  • SOC Report
On the final pages of the assessment a table outlines which areas are looked at for each group of vendors with a quick snapshot of pass or fail.


Be Confident in Risk Results

See the big picture. At a glance, you’ll know if there are key risks posed to your organization that may impact reputation. Reputation Risk Assessment provides a specific risk ranking for each area of your vendor’s operations.


What It Includes

Outsourcing this assessment to Venminder means:

You’ll receive a holistic, expert review of your vendor’s operations and identification of alarming findings that may impact your reputation

You can quickly drill down to the topics and specific items you are most concerned with and identify action items

You no longer need to do the time- consuming back and forth with vendors to gather required data

Remember, a vendor’s operational failures could greatly impact your organization’s reputation if their systems are disrupted for a significant period of time. It’s critical to do your due diligence and know of faulty processes.


Why It's Important

by failing to properly manage your vendor cybersecurity risk, you increase the likelihood of being breached and the regulatory, reputational and financial consequences that come with it.

 


Download a Sample

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Reputation Risk Assessment Sample

Reputation risk occurs when negative publicity regarding an organization's business practices leads to a loss of revenue or litigation. Organizations are responsible for risks associated with the activities of their third parties. See a sample of what our analysts review and report on that can help identify possible reputation risk weaknesses.

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Order Assessments Online

Assessments can be previewed and ordered directly from the Venminder Exchange

 

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Educational Resources

Infographics

Reputation Risk and Your Company's Third Parties

How to mitigate reputation risk, the impact a vendor can have on your reputation, which vendors pose a reputational risk and 5 tactics to manage third party reputational risk.

Infographics

How to Do Vendor Due Diligence Properly

Guide for initial and ongoing due diligence that covers how to do it properly, benefits, items to request, understanding your vendor's regulatory risk impact and more.

Infographics

Vendor Complaints and Why You Should Care

Customer complaints are a fact of life in the social media world we live in today. See why you need to monitor your vendor's complaints as a critical part of third party risk management.

Infographics

Are You Ready For the COVID-19 Vendor Risk Management Tsunami?

With COVID-19 impacting many vendors' businesses, use this infographic to help you prepare for the aftermath.

Ready to Get Started?

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

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