102 Risk Ledger Reviews
Overall Review Sentiment for Risk Ledger
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Risk Ledger has helped us move away from time-consuming, manual risk assessments and supplier due diligence. We recently onboarded with Risk Ledger and we're already seeing the benefits.
The onboarding experience has been first class. Regular one-to-one sessions with our Account Manager has got us up and running in no time. The system is very intuitive and easy to use anyway, but the training provided has allowed us to hit the ground running.
It's very easy to add a new supplier to the platform. A lot of suppliers already have a Risk Ledger profile, which dramatically reduces the time it takes to obtain a completed risk assessment. This network model is definitely a big plus point. For a new supplier who hasn't already completed a Risk Ledger profile, adding them to the platform is as simple as filling in a few details, and the system takes care of the required communications. The supplier receives a link to the online assessment, and we receive regular updates to let us know when they have completed it. We are then able to see how compliant they are with the various policies set up. Any non-compliances are highlighted, and risks can be opened and remediation requested from the supplier with the click of a button. Review collected by and hosted on G2.com.
It's early days in our relationship with Risk Ledger and, so far, I have no complaints. Review collected by and hosted on G2.com.
Risk Ledger website is so easy to navigate, it's simple to use and fast to update. Notifications via email are usueful for ensuring that you can connect with your customer quickly and share neccessary ifnriiamtion to prove your business is safe and trustworthy. The customer support is fantastic shoudl you need this. I use the platform regualry to connect and sahre with my clients. Review collected by and hosted on G2.com.
The yearly reveiws are a little long winded as you have to go through each and every question t confirm rather than justpicking out key questions if anythign has changed. Review collected by and hosted on G2.com.
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The ability to have a centralized and shareable assessment with clients and suppliers as needed. This not only improves transparency but also greatly simplifies the communication and management process.
The most useful aspect is the centralization of information in an accessible and secure platform. It saves time by avoiding duplication of efforts and improves efficiency in risk management, especially in relationships with multiple stakeholders.
The use of the tool is straightforward, and the interface simplifies the input and review of information. Review collected by and hosted on G2.com.
Some questions may seem redundant and/or tedious, which can make completing the assessment slower than expected. Additionally, it requires reviewing and updating the assessment with some frequency, which can add additional workload. Review collected by and hosted on G2.com.
RWhat I like best about Risk Ledger is its focus on cybersecurity, especially in the context of supply chain risks. The platform makes it easy for organizations to assess and manage potential vulnerabilities across their entire supply chain ecosystem. It's not just about detecting risks in your own system, but also about understanding how your partners, suppliers, and third-party services could affect your security posture. Review collected by and hosted on G2.com.
Honestly, one thing that might be a bit of a hurdle with Risk Ledger is the learning curve. For teams that aren't super familiar with supply chain risk management or cybersecurity frameworks, getting up to speed with all the features and understanding the platform’s full potential can take a little time. Review collected by and hosted on G2.com.
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It takes so long to complete but it's a one off which is a real time saver. Review collected by and hosted on G2.com.
The amount of detail in updating it can be confusing - for example previously uploaded documents that are not evidently in need of updates can take a long time to go through one at a time. Review collected by and hosted on G2.com.
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Time saving: Being able to send a prepopulated questionnaire to prospects is an absolute life saver. We've saved hours of time sending over a high quality questionnaire from the get go.
Easy to use: Risk Ledger can act almost as a trust centre (for free!) to send to prospects/customers. We can have easy conversations with security teams in other businesses. Easily upload/update docs.
Question Quality: The questionnaire covers everything in the right amount of detail. It's regularly updated and improved saving both us and propsects time. Review collected by and hosted on G2.com.
It's a struggle to think of anything, my only gripe would be some minor improvements in the UI that could be tidied up. Review collected by and hosted on G2.com.
I found risk ledger easy to use. It is wasy to navigate through the questions in the assessment. The questions are worded well and overall it provides a good way of demonstrating he security posture of the organisation. Customer Support is easy throuh the chatbot. I have used the system a number of times now and would definately recommend it. Review collected by and hosted on G2.com.
Difficult to assign questions to users associated to you organisation. Adding users is easy, but questions is less so. Review collected by and hosted on G2.com.
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customer support is really good, if there are queries or suggestions it is taken into consideration and continuous improvement is made to the system to improve user experience.
Number of useful features such as emerging threats, gives visibility of the supply chain and allows better collaboration. Review collected by and hosted on G2.com.
one suggestion would be to personalise the assessment. For example there are some requirements specific to a project or business and being able to add them to risk ledger would make the assurance process easier. Review collected by and hosted on G2.com.
Risk Ledger has significantly improved Numis’ third-party risk management process. The platform is intuitive, making it easy to onboard and collaborate with vendors. The shared risk assessment model reduces repetitive tasks, while the comprehensive reporting features help us maintain a clear overview of risk exposure. Customer support is responsive and always willing to help. A great solution for organisations of our size prioritising vendor risk management. Review collected by and hosted on G2.com.
The platform is still evolving and questionnaire review process is not clear. Review collected by and hosted on G2.com.
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I like the how Risk Ledger brings together and catagorises the items for discussion in a simple and clean way to manage. There are no messy emails to track or Excel Spreadsheets to revision control. It clearly tracks progress and the action owners against each key point. It is a sure way to gather all the correct stakeholders and manage their input for the optimal result.
Risk management, easier. Review collected by and hosted on G2.com.
The only thing I dislike is, that not everyone is using it. Review collected by and hosted on G2.com.