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Manage the Complete Vendor Lifecycle

Easily manage your third-party risk management activities across the vendor lifecycle – onboarding, ongoing management, offboarding.

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Outsource Vendor Control Assessments

Order due diligence assessments on your vendors that include qualified risk ratings and reviews from Venminder experts.

 
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Continuously Monitor with Risk Intelligence

Seamlessly combine risk intelligence data to monitor for risks within cybersecurity, business health, financial viability, privacy, ESG and more.

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Learn how our customers have managed their vendors and risk with Venminder.

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Learn practical steps to create and present a business case for third-party risk management to stakeholders.

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State of Third-Party Risk Management 2024
 

Venminder's State of Third-Party Risk Management 2024 whitepaper provides third-party risk management insight and industry statistics to help you make informed programs decisions. Learn how others are managing third-party risk.

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Venminder is the industry's leading third-party risk management solution provider.
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Industries

Education

Venminder is trusted by 1,200+ organizations to help
manage, assess, and mitigate vendor risks.

Managing third-party risks is essential to protect student data.

 

Giving students the best education possible, whether in K-12 or higher education, is the primary focus for schools and universities. That includes using various third-party vendors to provide quality education technologies, IT services, and admissions processes.

FERPA mandates that student and faculty information must be protected, especially when it’s in the hands of a third party. One data breach, unexpected third-party shutdown, or regulatory fine can disrupt learning, ruin reputations, and cause damaging financial losses for schools and colleges. That’s why it’s important to manage third-party risks before there’s a problem.  

$3.65 million

the average cost of a data breach in education

55%

of K-12 data breaches from 2016 to 2021 were traced to a third party

1,417

third-party ed tech tools were accessed per month from the 2021 to 2022 school year, leading to an increased need for data protection with third-party risk management

Identifying and managing third-party vendors is easy with Venminder. Risk assessment templates help identify vendors' risks and show the most critical areas to focus on. Venminder supplements with subject matter experts who can identify security, compliance, operational, and other risks. Save time with automated emails and tasks.

Venminder provides a centralized place to manage and monitor contracts, ensuring compliance and performance expectations are met.  

Build Processes that Drive Consistency

Purpose-built configurable software platform that centralizes "all things vendor" and allows teams to effectively collaborate together for program efficiency.

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Track Important Dates With Reminders and Reports

Contract management is a crucial component to managing and mitigating third-party risk management. Instead of using error-prone spreadsheets, track vendor dates and risk profiles with Venminder's centralized platform. 

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Access Skilled Expertise to Guide Program Success

Qualified and certified third-party risk experts are available for questions or to assist in guiding your program to success. Includes CISSPs, CPAs, financial risk analysts, paralegals, and more.

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Automate the Process With Risk Assessment Templates 

Instead of spending valuable time creating and updating risk assessments for each third-party vendor, use Venminder's templates created by qualified experts and customize as needed. 

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Read a Case Study

case-study-doane-university

 

See how Venminder helps a university manage vendor contracts.

Doane University was using spreadsheets to manage vendors and contracts. With Venminder, Doane now has one centralized platform to track and manage contracts. This has saved them time and provided a return on investment. Read more about how Venminder has helped.

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