Venminder Features
What are the features of Venminder?
Revenue Recognition
- Usage Tracking
- Deferred Revenue
- Revenue Accrual
Risk Assessment
- Content
- Contracts
- Scoring
Risk Control
- Reviews
- Policies
- Workflows
Monitoring
- Vendor Performance
- Notifications
- Oversight
Reporting
- Templates
- Centralized Data
- 360 View
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Revenue Recognition
Usage Tracking | As reported in 40 Venminder reviews. Track usage per company, custom time period, or contract | 81% (Based on 40 reviews) | |
Deferred Revenue | Track payments received for products that haven't be delivered yet This feature was mentioned in 33 Venminder reviews. | 72% (Based on 33 reviews) | |
Revenue Accrual | Recognition rules to accrue revenue on a daily or monthly basis This feature was mentioned in 31 Venminder reviews. | 74% (Based on 31 reviews) |
Functionality
Customized Vendor Pages | Allows vendors to own and update their vendor page with security and compliance documentation to share with customers 16 reviewers of Venminder have provided feedback on this feature. | 78% (Based on 16 reviews) | |
Centralized Vendor Catalog | Allows companies to assess vendors profiles in a centralized catalog This feature was mentioned in 17 Venminder reviews. | 93% (Based on 17 reviews) | |
Questionnaire Templates | Offers standardized security and privacy framework questionnaire templates 18 reviewers of Venminder have provided feedback on this feature. | 94% (Based on 18 reviews) | |
User Access Control | Offers role based access controls to allow only permissioned users to utilize various parts of the software. This feature was mentioned in 18 Venminder reviews. | 83% (Based on 18 reviews) |
Risk assessment
Risk Scoring | Offers built-in or automated vendor risk scoring This feature was mentioned in 17 Venminder reviews. | 90% (Based on 17 reviews) | |
4th Party Assessments | Based on 16 Venminder reviews. Offers tools to assess fourth parties -- your vendor's vendors | 86% (Based on 16 reviews) | |
Monitoring And Alerts | Monitors changes in risk and sends notifications, alerts, and reminders for specific actions including: upcoming assessments, profile access requests, etc This feature was mentioned in 18 Venminder reviews. | 92% (Based on 18 reviews) |
Risk Assessment
Content | Standard templates and content for assessment purposes such as NIST (National Institute of Standards and Technology). This feature was mentioned in 22 Venminder reviews. | 87% (Based on 22 reviews) | |
Contracts | Ability to review supplier contracts and identify critical requirements or potential risks. This feature was mentioned in 23 Venminder reviews. | 87% (Based on 23 reviews) | |
Scoring | As reported in 23 Venminder reviews. Users can assign scores to suppliers based on the estimated risk of doing business with them. | 90% (Based on 23 reviews) |
Risk Control
Reviews | Review vendor contracts and profiles to ensure compliance with regulation and internal policies. 23 reviewers of Venminder have provided feedback on this feature. | 84% (Based on 23 reviews) | |
Policies | Based on 22 Venminder reviews. Manage and enforce internal policies related to vendor risk management and controls. | 89% (Based on 22 reviews) | |
Workflows | Provide workflows to mitigate risk and escalate issues proactively. This feature was mentioned in 22 Venminder reviews. | 83% (Based on 22 reviews) |
Monitoring
Vendor Performance | Track vendor performance using supplier data such as a history of transactions and contracts. 23 reviewers of Venminder have provided feedback on this feature. | 88% (Based on 23 reviews) | |
Notifications | Based on 22 Venminder reviews. Send alerts and notifications when corrective actions are needed to address supplier risk. | 89% (Based on 22 reviews) | |
Oversight | Based on 23 Venminder reviews. Perform ongoing due diligence activities to auto calculate overall risk for each vendor. | 88% (Based on 23 reviews) |
Reporting
KPIs | Track vendor risk KPIs such as the time it takes vendors to respond to security incidents. 21 reviewers of Venminder have provided feedback on this feature. | 77% (Based on 21 reviews) | |
Templates | Include reporting templates for activities such as audits and vendor evaluation. 24 reviewers of Venminder have provided feedback on this feature. | 83% (Based on 24 reviews) | |
Centralized Data | Based on 23 Venminder reviews. Consolidate data from multiple systems that manage supplier information. | 91% (Based on 23 reviews) | |
360 View | Provide a 360 view of suppliers which can be shared with internal or external users. 23 reviewers of Venminder have provided feedback on this feature. | 81% (Based on 23 reviews) |
