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110 Venminder Reviews

4.7 out of 5
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110 Venminder Reviews
4.7 out of 5
110 Venminder Reviews
4.7 out of 5

Venminder Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for VenminderQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Financial Services
UF
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

Venminder has been a trusted co-pilot for all our Third Party Vendor Risk Management. They have guided us along the way and been there to answer all our questions Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Nothing to mention at this time. Overall happy. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

Centralized platform: Venminder provides a central location to store all of my vendor information, track contracts, manage risk assessments, and collaborate with other team members. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

If I had to pick anything, it would be the notification settings. Review collected by and hosted on G2.com.

Verified User in Banking
EB
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

The most helpful thing is the Venminder team. The software is helping us managing vendors more effectively and efficiently. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

At this point, I don't see any downsides. Review collected by and hosted on G2.com.

HB
Contracts and Procurement Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Venminder?

Venminder helps with Vendor Management and administration and is helpful in the ongoing administration of vendors and their associated contracts Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Takes more turn around time than before to enter contracts information if contract is submitted to Venminder for entry Review collected by and hosted on G2.com.

Verified User in Banking
AB
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about Venminder?

the customer service is fantastic, the continious webinars, and the fact i can ask a question and get an answer with related topics and helpful links is phenominal. having a contact person who cares makes a difference. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

we have to pay for additional services in the venminder software. Review collected by and hosted on G2.com.

DB
Vendor management specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

Customer Support,Vendiligence does it for you. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

No user guide. I like step by step instructions as I'm a visual person Review collected by and hosted on G2.com.

Verified User in Banking
UB
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

User-friendly platform, very responsive and knowledgeable customer support, helpful webinars Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Some vendors do not share their financial and regulatory documents with Venminder so it is cumbersome to obtain those documents from the vendor. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

Good customer support and access to resources for building out a comprehensive vendor management program. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

The user interface is difficult to navigate at first because there are so many features and functions. Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
AC
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

The fact that I can manage all my vendors in one single place from onboarding to offboarding. It is a one stop shop. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Some features are rigid and there are certain forms that should be more customizable Review collected by and hosted on G2.com.

Verified User in Banking
AB
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Venminder?

Ease to develop the 3rd party management tool per your organization needs. Also the support team is very helpful. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Sicne the tech is evolving, sometime frequently changing inface can be challenging from trainng aspect. Review collected by and hosted on G2.com.