Video Overview
This video demonstrates VenLink's approach to vendor risk assessment—moving beyond point-in-time evaluations to continuous risk monitoring.
What You'll See
Risk Scoring Model
Learn how VenLink calculates vendor risk scores based on multiple factors: compliance status, financial stability, performance history, and industry risk.
Continuous Monitoring
See how VenLink continuously monitors vendor status rather than relying on annual reviews. Insurance expirations, license lapses, and compliance gaps are detected in real-time.
Risk-Based Segmentation
Understand how to apply different requirements and review frequencies based on vendor risk level. High-risk vendors get more scrutiny; low-risk vendors get streamlined processes.
Alerting and Escalation
Watch how VenLink's alert system notifies the right people when risk indicators change, with automatic escalation when issues aren't addressed.
Key Takeaways
1. Risk assessment should be continuous, not annual
2. Multiple factors contribute to vendor risk
3. Requirements should scale with risk level
4. Automation enables proactive risk management
Ready to transform your vendor risk management? Schedule a demo to see VenLink's risk assessment capabilities for your organization.