Venminder has a powerful online software technology that can guide and streamline third party risk management programs through critical processes. The software offers in-app service ordering of document collection and due diligence reviews that can save an organization valuable time, money and resources.
Venminder’s advanced software product allows for easy collaboration to manage all things vendor-related and guides users through critical processes such as oversight management, contract management, risk assessments, due diligence requirements, questionnaires, SLA management, vendor onboarding and more. Robust and configurable reporting can be generated from the tool to give clear visibility into the management and ongoing monitoring of third parties.
Venminder’s suite of outsourced due diligence services have redefined the third party risk management space by providing a cost-effective staff augmentation answer and ability to reduce the workload. Services include collecting documents, vendor vetting, risk assessing key cybersecurity and information security risks, analyzing documents such as SOC reports, financial statements, contracts, business continuity and disaster recovery preparedness and more.