Policy, Program and Procedures

Hi there,

I am in the process of creating procedural documentation of our vendor management practices. We have a brief Vendor Management Policy that outlines necessary outcomes of each phase. How should I begin to approach procedures that are aligned to this policy? I'm curious to know what these documents look like for other organizations. Are they paragraph form, visual with step-by-step instructions, how long they are overall? Does Venminder provide a sample of these documents?

Any advice would be helpful!

Hi There,

Venminder does not have a template or sample of procedural documentation to share, but we do have helpful education that I'd like to pass along:

How-to Guide: Developing and Maintaining Mature Third-Party Risk Management Governance Documentation eBook

Creating and Updating Your Third-Party Risk Management Procedures Documentation eBook

4 Tips to Align Your Procedures With Your Vendor Management Policy Blog 

Hope this helps. I would love to hear other members' thoughts and suggestions on this topic! 

Brittany Padgett
Community Manager