With Venminder, we were able to create a Risk Assessment questionnaire that any staff person can perform. Review collected by and hosted on G2.com.

The Risk Assessment questionnaire needs to be completed in one session. If continued on a 2nd day, the questionnaire freezes and staff is unable to continue. Review collected by and hosted on G2.com.

In the past, we were using very manual methods of documenting contract information and evaluating third party risk. We explored many solutions and choose Venminder because of their customer service and implementation ease. We have been very impressed with the solution and really like how the initial contract information is entered by the Venminder team.

Customer support and the implementation team were wonderful. We also use the questionnaire and risk assessments for all vendors. Review collected by and hosted on G2.com.

The biggest complaint is the lack of customization. There are some but many features lack the flexibility to fully customize. Review collected by and hosted on G2.com.

Venminder provides an easy-to-use centralized repository for vendor information, risk assessments, due diligence, and contracts and renewal dates and reminderds, which makes it easier to manage vendor relationships. They also provide valuable support and expert guidance to our team. Review collected by and hosted on G2.com.

We are not taking advantage of the outsourced managed services due to the additional cost, so we still have to do the risk assessments, oversight, etc. Review collected by and hosted on G2.com.

Venminder is impressive. The ease of navigating, on-going software development, and account management support makes a users life easy and stress free. Review collected by and hosted on G2.com.

Full transparency, I don't have any dislikes associated with Vendminder. I guess I can add I wish I started to use Venminder sooner. Review collected by and hosted on G2.com.

By having everything in one place, it makes it much easier to manage all the information and understand were your vendor management program is. Review collected by and hosted on G2.com.

There needs to be a better way to get information out of the system such as reports to monitor activity beyond the existing reports and dashboards. Review collected by and hosted on G2.com.

Vendminder simplifies compliance tracking by providing a centralized repository for all compliance-related documents and information. It offers real-time updates and alerts to help organizations stay compliant with industry regulations and standards. Review collected by and hosted on G2.com.

The platform tends to have a one-size-fits-all approach, which can be restrictive for organizations with unique or highly specific needs. For instance, users might find it challenging to tailor risk assessment questionnaires or compliance checklists to fit their organization's particular industry standards or internal policies. Review collected by and hosted on G2.com.

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.