FREE TEMPLATE

Vendor Management Policy Template

Complete vendor and third-party risk management policy template. Ensure secure vendor relationships and compliance.

What's Included

Vendor Assessment Framework

Comprehensive framework for evaluating and classifying vendors

Due Diligence Checklist

Complete checklist for vendor evaluation and selection process

Contract Requirements

Essential contract clauses and requirements for vendor agreements

Security Questionnaire

Pre-built security assessment questionnaire for vendors

Monitoring Procedures

Ongoing monitoring and performance review procedures

Offboarding Process

Secure vendor offboarding and data return procedures

1.Purpose & Scope
2.Vendor Classification
3.Vendor Selection Criteria
4.Due Diligence Process
5.Security Assessment
6.Contract Requirements
7.Data Protection Clauses
8.Ongoing Monitoring
9.Performance Review
10.Incident Management
11.Vendor Offboarding
12.Annual Reassessment

How to Use This Template

Download & Review

Download the template and review the entire document. Familiarize yourself with each section and understand what information needs to be customized.

Customize for Your Organization

Replace placeholder text with your company-specific information. Update roles, contact information, systems, and procedures to match your environment.

Review with Legal & Security Teams

Have your legal counsel and security team review the policy. Ensure it aligns with your specific business requirements and regulatory obligations.

Approve, Implement & Train

Get executive approval, formally adopt the policy, and train all employees. Schedule annual reviews to keep the policy current.