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tprm software

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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vendiligence

Outsource Vendor Control Assessments

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

 
venmonitor

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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See why Venminder is uniquely positioned to help you manage vendors and risk.

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Our team is committed to a single goal: a customer experience second to none.

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We offer quick and customer-focused implementation for fast ramping.

 
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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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Download complimentary resources to guide you through all the various components of a successful third-party risk management program.
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build effective vendor risk management program
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

Healthcare

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

Keep PHI safe with third-party risk management.

 

The healthcare industry has emerged as a prime target for third-party data breaches and cyberattacks. These attacks can not only cripple hospital operations but put patients’ lives at risk. Not to mention, HIPAA’s Privacy and Security Rules require healthcare organizations to keep data safe and protected – especially when it’s in the hands of a business associate.  

Business associate engagements must be assessed for risk, monitored, and managed throughout the lifecycle of the relationship. Vendor risk management helps avoid regulatory fines, keep patient information protected, and maintain strong hospital operations. 

34.9%

of 2022 third-party data breaches were in healthcare

 

$10.93 million

average cost of a data breach in healthcare

40%

of healthcare is noncompliant with third parties

 

Venminder helps healthcare organizations track, manage, and monitor business associates and third parties all in one place. Our monitoring capabilities allow healthcare organizations to stay on top of changing cybersecurity vulnerabilities and new and emerging risks. Venminder provides standardized risk assessments and ratings to classify business associates and save costly time on manual work.  

Store and Track Business Associate Agreements

Contracts are all in one place with Venminder's centralized system. Be reminded on key contract dates, like reviews and renewals, and track agreements throughout the entire relationship. 

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Stay Alert to Key Changes in Business Associate Risks

Business associate risk can change quickly. It's important to stay on top of new and emerging risks. Venminder uses risk intelligence data in a single dashboard so you can see business associate risks in one place. 

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Measure and Monitor HIPAA Regulatory Compliance

Business associates must comply with regulations to keep PHI safe. Venminder's platform supports compliance and follows the most recent and stringent guidance. 

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Identify Risks and Reduce the Workload

Venminder's customizable risk assessments help identify business associate risks. Qualified subject matter experts in various risk domains can assess business associate controls for any gaps and offer recommendations. 

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Integrate Data With API Capabilities

Venminder partners with other companies that help give a fuller picture of business associate risks. 

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Read a Case Study

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See how Venminder has helped organizations with third-party risk management

Organizations have more efficient processes, saved time, consistent contract management, and experienced other benefits with Venminder. Hear first hand how Venminder has transformed organizations' third-party risk management. 

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Order Vendor Risk Assessments Online

Completed assessments can be searched, previewed and ordered directly from the Venminder Exchange

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