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Dashboards
Venminder’s Dashboards module delivers advanced capabilities for effective third-party risk management. Harness the power of real-time data visualization through customizable dashboards, interactive charts, and detailed reports to enhance decision-making and operational efficiency. With seamless connectivity, align your vendor risk management practices to continuously monitor risks and compliance, helping ensure every stakeholder has the critical insights they need to manage and mitigate risks effectively.
Venmonitor™ Daily Refresh
Stay effortlessly updated on any changes with your suppliers through Venmonitor Daily Refresh, which offers continuous daily refreshing of risk intelligence data. This ensures you're always in the loop and never miss a beat, keeping your risk management strategies proactive and timely.
System and Organization Controls (SOC) Assessment
Our SOC Assessment provides an in-depth review of your vendor's SOC reports, assisting you in ensuring their control environment is secure and compliant. This assessment allows you to easily understand your vendor's controls, helping protect your sensitive data and maintain regulatory compliance.
Initial Vetting Package
Venminder’s Initial Vetting Package (VVP) a straightforward, document-centric package aimed at the initial stages of assessing a vendor. This package confirms the presence or absence of essential documents from a potential vendor. The VVP facilitates the understanding of what documents your potential vendor may or may not have through a simple yes or no as to their availability. This offers a clear understanding of each vendor's readiness, offering a basic overview of their preparedness to engage in further business processes.
Financial Health Assessment
Our FHA allows you to delve into your vendor's financial stability, examining if their financial health could impact your business operations. This assessment looks at financial statements, creditworthiness, economic sustainability, and even the footnotes to help you proactively spot potential financial risks in order to take appropriate actions.
Business Continuity & Disaster Recovery Assessment
Our BCA helps you explore into your vendor's business continuity and disaster recovery readiness, checking whether disruptions in their operations could ripple into your business workflow. This assessment reviews recovery plans, data backup, and crisis communication so you can proactively identify potential vulnerabilities and take the necessary countermeasures.
Information Security & Privacy Assessment
Our ISPA offers an in-depth technology control environment assessment, that provides you with a risk-based understanding of the information security and privacy controls your vendor has in place to protect your data. Gain a comprehensive understanding of how well your data is protected, based on a risk-based assessment aligned with leading practices and standards.
Data Protection Assessment
Our DPA is a comprehensive risk-based review of the controls your vendor or supplier has in place to protect against cybersecurity threats and meet data privacy regulations. The assessment is aligned with global industry guidelines, frameworks, standards, and laws, empowering you to make informed decisions and maintain trust in your partnerships.
Point-in-Time Cybersecurity Assessment
Our CSA evaluates the most critical elements of your vendor's or supplier's cybersecurity readiness, helping you make knowledgeable risk-based decisions. We review their cybersecurity policies and responses, providing both overall and individual risk ratings on areas like security testing, information security governance, and sensitive data security.
Venmonitor™ Dashboard
The Venmonitor Dashboard delivers valuable insights and detailed risk heatmap views to help you make informed decisions efficiently. By presenting a comprehensive overview of your suppliers' risk profiles, this feature saves you significant time and effort, enabling a streamlined decision-making process.
Venmonitor™ Point-in-Time
Venmonitor Point-in-Time provides on-demand access to essential risk intelligence data across various domains, an invaluable resource when vetting potential suppliers. This feature allows you to conduct thorough evaluations at your convenience, ensuring you have all the necessary information to make confident decisions.
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