Automate the collection of data and scoring on the questionnaires you send to vendors
During the due diligence process, it is common to obtain information by sending a questionnaire for the vendor to complete and return. It can be tedious figuring out what questions to ask each time and tiresome to sift through the answers to then determine the level of risk that vendor leaves you at and where you need to dive deeper to make next steps in the risk mitigation process.
Venminder’s Questionnaire Modules were developed to easily build, send and score questionnaires. Create a variety of questionnaires to easily reuse on a consistent basis and easily keep track of status. Adding automation into your questionnaire process makes the process more efficient and effective. Increase risk rating accuracy with extensive scoring customization options based on responses and see scores at both the individual section and for the overall questionnaire after it is completed.
Streamline the questionnaire process
Through the easy questionnaire builder, mass sending, tracking and scoring functionality, the platform will guide you through the process and reduce the amount of time spent overall.
Customize questionnaires and scoring to meet your organization’s preferences
Through comprehensive options, you have control of how questions are arranged and designed, requirements and how they are risk rated.
Analyze questionnaire responses with ease
Because you see ratings for each question, section and overall, it is easier and faster to spot where there are concerns and where to place attention.
- Create a library of questionnaires
- Utilize templates
- Indicate desired responses
- Recipient completes questionnaire in secure portal
- Automation of questionnaire lifecycle (send, response, review)
- Track progress against deadlines
- Save response and documents in-app
- Customizable scoring calculations *
- Set scoring weight *
- Unlimited multi-tiered questions*
- Designate points to each question
- Omit and exclude questions from scoring *
It's already easy to use. But we're still here for you.
Venminder is praised for very simple and straightforward implementation. We’ll match your speed, create a project plan to meet needs and goals and configure your account including data imports.
Venminder’s renowned customer support is responsive and ready to listen. Reach out by email, phone or chat. We work closely and create a collaborative partnership to find solutions.
You may also like...
Whether you have gaps in subject matter expertise or simply don’t have enough expert resources, use our library of completed risk assessments to see where your vendors are weak.
The Venminder team can become your cost-effective staff augmentation answer and reduce your vendor management workload.