Venminder, a leader in third-party risk management solutions,
announced today the launch of a new Dashboards module. This
powerful tool is designed to revolutionize how organizations track
key performance indicators (KPIs), manage third-party risks, and
assess the effectiveness of their third-party risk management
programs. The new innovative release will empower risk managers and
leaders with enhanced capabilities for vendor oversight and
strategic decision-making through custom visualizations and
powerful reporting.
ELIZABETHTOWN, Ky., Aug. 14,
2024 /PRNewswire-PRWeb/ -- Venminder, a leader
in third-party risk management solutions, announced today the
launch of a new Dashboards module. This powerful tool is designed
to revolutionize how organizations track key performance indicators
(KPIs), manage third-party risks, and assess the effectiveness of
their third-party risk management programs. The new innovative
release will empower risk managers and leaders with enhanced
capabilities for vendor oversight and strategic decision-making
through custom visualizations and powerful reporting.
As we continue through 2024 and beyond, it
is imperative to closely assess and monitor vendor risk and
performance due to increasing third-party risks, including sharing
sensitive data and changing regulatory requirements
In today's fast-paced business environment, custom dashboards
and robust reporting capabilities are essential for measuring
vendor performance and the effectiveness of a third-party risk
management program. Venminder's new dedicated Dashboards module
allows customers to create highly personalized, data-driven views
that can help them quickly pinpoint critical risk areas.
The dashboard module enhances inter-departmental collaboration
and compliance by allowing users to easily share dashboards with
other users or export them into formats like PowerPoint for Board
and Management presentations. The sophisticated sharing and
reporting tools ensure that enterprises can navigate complex vendor
ecosystems with confidence, maintaining regulatory adherence and
operational efficiency.
"As we continue through 2024 and beyond, it is imperative to
closely assess and monitor vendor risk and performance due to
increasing third-party risks, including sharing sensitive data and
changing regulatory requirements," said James Hyde, CEO of Venminder. "It is also
essential to have data that helps you determine if your third-party
risk management program is operating effectively. This latest
product release demonstrates our commitment to empowering customers
with the tools they need to safeguard their operations against
third-party risks and ensure long-term success."
In addition to being fully customizable, customers will have
access to pre-built dashboards with templates led by top
third-party risk management experts. These templated dashboards
provide ready-to-use, quick access for users who may not have the
time or resources to configure their own dashboards. Customers can
duplicate and modify visualizations from the pre-built templates,
leveraging them as a starting point to tailor their risk management
views to meet specific operational needs.
To learn more about this new module, you can register for an
upcoming webinar on August 22 at
1pm ET. For more information about
Venminder and its solutions, please visit
http://www.venminder.com.
About Venminder
Venminder is the leading provider offering a unified SaaS
platform for third-party risk management. The platform is used by
more than 1,200 customers to manage the entire vendor lifecycle,
from onboarding to offboarding, with ease and efficiency. Venminder
combines technology and human expertise to enable customers to
manage vendors, track contract data, perform due diligence and
oversight, send and score questionnaires, conduct risk assessments,
systemically monitor risks across domains, order due diligence
assessments on vendor controls, and much more. Venminder also
powers Third Party ThinkTank, the largest online community
dedicated to the practice of third-party risk. For more
information, visit http://www.venminder.com or follow Venminder on
LinkedIn, X, Facebook, and YouTube.
Media Contact
Venminder Media Team, Venminder, +1 (888) 836-6463,
media@venminder.com, www.venminder.com
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SOURCE Venminder