Venminder Pros and Cons

1) Level of personal attention provided to our VM team to onboarding/monitor/off-board third party service providers

2) Ease of Use - Ease in effectively utilizing the SaaS

3) Ancillary services provided by Venminder - Vendiligence and Venmointoring

4) Ability of our business owners to set-up prosepctive third party service providers Review collected by and hosted on G2.com.

1) The Venmonitoring tools could be improved to provide more insight as to the ratings. Review collected by and hosted on G2.com.

Venminder support is amazing and always willing to help. We have a dedicated account manager who listens to our needs and pulls in others as she sees fit. I am in this tool every day and it has streamlined our vendor management processes. It has also enabled us to be more strategic about our vendor management processes and not focus on the 'little things' which Venminder takes care of for us. Review collected by and hosted on G2.com.

There are a few limitations around specific usability features that we miss. There is a bit of a lack of customization in some areas. Review collected by and hosted on G2.com.

I like being able to see a compact list of contract status/vendor products etc all in one place in the homepage. It makes tracking them easier, especially at my firm where a lof of the product managers don't have the capacity to dedicate much time or attention into contract emails. Venminder itself is a pretty straight forward tool to use and like the ease of adjusting contracts, adding vendors and products, and running reports.

Another aspect of Venminder that is really great is our account manager, Daniel Knigge. He has always been very communicative, quick to respond, and checks in with us often to see if there is anything we are needing! Review collected by and hosted on G2.com.

One thing that I really disliked last year when doing our annual due diligence was the amount of time and manual effort it took to send questionnaires individually and set up a schedule. It seems that changes have been made on the Venminder platform to better support this, and am looking forward to seeing how it has been improved.

Another thing I think could be improved is the accuracy of contract processing by the Venminder team. There was a period of time last year where we heavily relied on Venminder to input contract details, and now I dont think it's worth it becuase of how much it had to be checked and readjusted.

One last thing is that I wish there was a way to view documents/contracts that you've updloaded without having to download them. Review collected by and hosted on G2.com.

Venminder makes all aspects of vendor management more managable. From due dilligence to monitoring it does a great job. It is user friendly and my account manager Joshua Cooper is the best. Review collected by and hosted on G2.com.

I find nothing not helpful in Venminder. Review collected by and hosted on G2.com.

We use Venminder platform daily, and have taught new vendor owners how to navigate through it as well. is We continue to learn from the live webinars as well as the resources within in the platform. Review collected by and hosted on G2.com.

The new spend analysis feature is good, but would be great with some additional features added. I have reach out and as usually the are taking it into consideration. Review collected by and hosted on G2.com.

Easy to navigate and full vendor vetting. Review collected by and hosted on G2.com.

The only thing I would say that could help more is when a questionnaire is sent being able to see the question the vendor has answer if the questionnaire is not completed. Live view of the questionnaire. Review collected by and hosted on G2.com.

The platform is robust, customizable, and reliable. The training team is PATIENT, friendly and professional. They adjust to our needs and questions readily. I cannot recommend Venminder enough. Review collected by and hosted on G2.com.

I have yet to find anything I dislike about this platform or its employees. Review collected by and hosted on G2.com.

The platform is very easy to use, succinct in the data and information displayed, and displays pertinent updates. The Customer support is fantastic! They are a great team that provides almost immediate response to any questions and the account team worked very well with us to get the contract executed. Review collected by and hosted on G2.com.

Only real downside is the results of some updates to the risk level cause more questions to arise as to what the cause for the rating change entails. Review collected by and hosted on G2.com.

Great monitoring tool for vendor risk management. The overall experience has been great. Review collected by and hosted on G2.com.

Pricing could be improved and made competitive Review collected by and hosted on G2.com.

Venminder takes a comprehensive approach to risk management, utilizing subject matter experts and a strong technology platform to provide clients with an all-in-one solution for effectively and efficiently executing their TPRM program. They offer best-in-class service and support! Review collected by and hosted on G2.com.

Certain functions lack customization abilities. Review collected by and hosted on G2.com.