110 Venminder Reviews
Overall Review Sentiment for Venminder
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Venminder has great support and many resources available to make vendor management due diligence easier. Review collected by and hosted on G2.com.
At times with service additions to the software, the dashboard is a somewhat busy. Review collected by and hosted on G2.com.
Venminder is a very robust vendor management program. We've been using Venminder for the last couple of years and whenever we have an issue their customer support is top-notch - very responsive and extremely helpful! Review collected by and hosted on G2.com.
Because it is such a robust program, when you begin using Venminder it can be very intimidating as there are a lot of areas to complete. Review collected by and hosted on G2.com.
Friendly and to the point with the information that we needed on Venminders contracts and risk assessments. Review collected by and hosted on G2.com.
There has been nothing that we haven't disliked on this system. Review collected by and hosted on G2.com.
It's a very easy platform to use. I can always get help quickly if needed. Review collected by and hosted on G2.com.
The system can be slow at times for reporting, but some of the files are quite large, so it's understandable. Review collected by and hosted on G2.com.
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I love the evolution that continues to take place with Venminder. Staying abreast of the ever-changing regulatory landscape takes the headache out of managing Vendor Management for Meriwest Credit Union. Contract renewal reminders, Risk Assessment reminders, document storage, contract review, SOC Analysis, Custom Reports, Exam Prep, to name a few. It's a complete one-stop platform for all things vendor management. Experienced staff to answer any question or to guide you on your quest to become an experienced Venminder user. The training courses provided are excellent and provide clarity when trying to understand the complex world of vendor management. Review collected by and hosted on G2.com.
One of the widgets "Tasks" cannot, at this time, be changed to remove an item that you may have added to future review. For example, if I set a date for an annual risk assessment for a specific vendor, I will have that review "forever" even if I no longer need an annual risk assessment review. Review collected by and hosted on G2.com.
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What we appreciate the most about Venminder is their holistic approach to risk management. This is illustrated by how a team of subject matter experts effectively complements and suports their robust technology platform. Venminder clients have an advantage over others because when a vendor's risk profile moves into an unfamiliar state, they have access to experienced professionals readily available to provide assistance and guidance on legal, financial, operational, cyber, and other third-party risk topics. In addition, their nurtured community of vendor management professionals at the ThirdPartyThinkTank.com offers opportunities for collaboration and exchange of knowledge, experiences, and best practices related to third-party risk management. Review collected by and hosted on G2.com.
We have do not have anything negative to share. Review collected by and hosted on G2.com.
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The Venminder site is reasonably easy to navigate with an intuitive menu and easy input. Vendor information is easily visible on the home page, and it's easy to make changes and upload documents. The document upload is a great business continuity feature, as your contracts, insurance, and other vendor documents are easily accessible whenever and wherever needed. Their vendor assessment service takes a significant amount of time and pressure off of our staff, who really don' thave the expertise to adequately review most high-risk or critical vendors. Review collected by and hosted on G2.com.
Sometimes the volume of alerts about contract renewals and other notifications can be overwhelming, but that has a lot to do with the number of vendors you initially input. If you address an alert the first time you get it, you won't keep getting reminders. Review collected by and hosted on G2.com.
The amount of brainpower and care for the compliance issues of vendor management go way beyond what our team has the capacity to do ourselves. The product makes an onorous task manageable, and the reporting features allows for easy oversight. We have a dedicated account rep who meets with us as often as we need the help. Venminder also provides free training, and some of it even offers CE credits. Review collected by and hosted on G2.com.
It is an unavoidable fact that the risk analysis element of vendor management is a difficult topic. Dealing with it, even with help, is kind of "ick." And honestly, sometimes we ask our account rep to help out with a task and he forgets. Review collected by and hosted on G2.com.
Support from our account rep is terrific. The overall functionality of the platform is excellent. The platform is highly customizable and includes a lot of amazing features. Review collected by and hosted on G2.com.
Sometimes hard to navigate and find information that you need. Review collected by and hosted on G2.com.