SOC 2 Type II
Operational

Vendor Management Policy Template

Procedures for evaluating, onboarding, and monitoring third-party vendors.

What This Policy Covers

Purpose and Scope-Policy objectives.
Vendor Risk Classification-Tiering criteria.
Due Diligence-Pre-engagement assessment.
Security Assessment-SOC 2 reports, questionnaires.
Contractual Requirements-Security clauses.
Ongoing Monitoring-Periodic reviews.
Offboarding-Vendor offboarding.

Required Sections

A compliant Vendor Management Policy for SOC 2 Type II must include the following7 sections. Each section addresses a specific control requirement that auditors will review.

1

Purpose and Scope

Policy objectives.

2

Vendor Risk Classification

Tiering criteria.

3

Due Diligence

Pre-engagement assessment.

4

Security Assessment

SOC 2 reports, questionnaires.

5

Contractual Requirements

Security clauses.

6

Ongoing Monitoring

Periodic reviews.

7

Offboarding

Vendor offboarding.

Generate a Customized Version

This template shows the required structure. PoliWriter generates a fully customized Vendor Management Policy that references your actual cloud providers, identity systems, tools, and team practices — ready for auditor review.