Vendor management is constantly evolving and it’s important to keep your program as up to date as possible. Whether you’re creating your policy for the first time, or revisiting it, make sure you check out these 8 best practices to help get you started.

5 Best Practices of Successful Vendor Risk Assessments

Venminder has a team of due diligence experts who can significantly reduce your vendor management workload. Venminder also has a software solution to organize, track and report findings to Senior Management, the Board of Directors and, ultimately, the examining bodies.