# UpGuard Vendor Risk vs Venminder Comparison
---
## AI Generated Summary
- **G2 reviewers report** that UpGuard Vendor Risk excels in providing a structured approach to managing third-party risk assessments, with features like automated reminders and centralized evidence collection that streamline the vendor onboarding process. Users appreciate the ability to send questionnaires and view security scores, enhancing their risk management capabilities.
- **Users say** Venminder serves as a reliable partner in third-party vendor risk management, offering a user-friendly interface and a single login for managing requests across multiple clients. This convenience is highlighted by reviewers who value the platform&#39;s intuitive design and effective communication through contract email notifications.
- **According to verified reviews** , UpGuard Vendor Risk has a significantly higher overall satisfaction score, reflecting its strong performance in user experience and support. Reviewers frequently mention the platform&#39;s new and advanced GUI, which contributes to a more engaging and efficient user experience.
- **Reviewers mention** that while Venminder has a solid rating for meeting user requirements, it faces challenges in areas like ease of setup compared to UpGuard. Users have noted that Venminder&#39;s setup process can be less straightforward, which may impact the initial user experience.
- **G2 reviewers highlight** that UpGuard Vendor Risk benefits from a larger volume of recent reviews, indicating a more current and reliable user experience. This is contrasted with Venminder, which has not received recent feedback, potentially affecting its perceived relevance in the market.
- **Users report** that both platforms offer strong support, but Venminder stands out with a slightly higher quality of support rating. Reviewers appreciate Venminder&#39;s guidance throughout the vendor risk management process, emphasizing the importance of having responsive support when navigating complex vendor assessments.




| | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Star Rating** | 4.5 out of 5 | 4.7 out of 5 | 
| **Total Reviews** | 745 | 115 | 
| **Largest Market Segment** | Enterprise (49.0% of reviews) | Mid-Market (59.5% of reviews) | 
| **Entry Level Price** | $1,750.00 Per Month | No pricing available | 

---
## Top Pros & Cons

### UpGuard Vendor Risk

Pros:
- Ease of Use (252 reviews)
- Security (143 reviews)

Cons:
- Lack of Clarity (52 reviews)
- Expensive (38 reviews)

### Venminder

Pros:
- Communication (2 reviews)
- Ease of Use (2 reviews)

Cons:
- Dashboard Issues (1 reviews)
- Formatting Issues (1 reviews)

---
## Ratings Comparison
| Rating | UpGuard Vendor Risk | Venminder | 
|---|---|---|
  | **Meets Requirements** | 8.8 (615 reviews) | 9.2 (68 reviews) | 
  | **Ease of Use** | 9.0 (628 reviews) | 9.0 (71 reviews) | 
  | **Ease of Setup** | 9.0 (519 reviews) | 8.6 (60 reviews) | 
  | **Ease of Admin** | 9.1 (350 reviews) | 9.1 (55 reviews) | 
  | **Quality of Support** | 9.0 (547 reviews) | 9.7 (69 reviews) | 
  | **Has the product been a good partner in doing business?** | 9.1 (336 reviews) | 9.5 (55 reviews) | 
  | **Product Direction (% positive)** | 9.5 (590 reviews) | 9.5 (67 reviews) | 

---
## Pricing

### UpGuard Vendor Risk

#### Entry-Level Pricing

Plan: Standard

Price: $1,750.00 Per Month

Description: Move from manual to automated risk management

Key Features:
- Monitor 50 vendors
- Vendor Security Ratings
- Assessment &amp; Remediation Workflows

[Browse all 4 editions](https://www.g2.com/products/upguard-vendor-risk/pricing)

#### Free Trial

Yes

### Venminder

#### Entry-Level Pricing

No pricing available

#### Free Trial

No information available

---
## Features Comparison By Category

### Governance, Risk &amp; Compliance

| Product | Score | Reviews |
|---|---|---|
| **UpGuard Vendor Risk** | N/A | N/A |
| **Venminder** | N/A | N/A |

#### Additional Functionality

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Incident Management** | Not enough data | Not enough data | 
| **Real-Time Monitoring** | Not enough data | Not enough data | 
| **Evidence Management** | Not enough data | Not enough data | 
| **Risk Alerts** | Not enough data | Not enough data | 
| **Reporting &amp; Statistics** | Not enough data | Not enough data | 
| **Third-Party Integrations** | Not enough data | Not enough data | 
| **Workflow Management** | Not enough data | Not enough data | 
| **Risk Analysis** | Not enough data | Not enough data | 
| **Sarbanes-Oxley Compliance** | Not enough data | Not enough data | 
| **Single Sign On** | Not enough data | Not enough data | 
| **Compliance Management** | Not enough data | Not enough data | 
| **Policy Management** | Not enough data | Not enough data | 
| **Real-Time Reporting** | Not enough data | Not enough data | 
| **Audit Trail** | Not enough data | Not enough data | 
| **Assessment Management** | Not enough data | Not enough data | 
| **HIPAA Compliant** | Not enough data | Not enough data | 
| **Operational Risk Management** | Not enough data | Not enough data | 
| **Document Storage** | Not enough data | Not enough data | 
| **Enterprise Risk Management** | Not enough data | Not enough data | 
| **Data Visualization** | Not enough data | Not enough data | 
| **Configurable Workflow** | Not enough data | Not enough data | 
| **Vendor Management** | Not enough data | Not enough data | 
| **IT Risk Management** | Not enough data | Not enough data | 
| **User Management** | Not enough data | Not enough data | 
| **Issue Management** | Not enough data | Not enough data | 
| **Internal Controls Management** | Not enough data | Not enough data | 
| **AI Copilot** | Not enough data | Not enough data | 
| **Environmental Compliance** | Not enough data | Not enough data | 
| **Customizable Reports** | Not enough data | Not enough data | 
| **Data Import/Export** | Not enough data | Not enough data | 
| **Risk Management** | Not enough data | Not enough data | 
| **API** | Not enough data | Not enough data | 
| **Document Management** | Not enough data | Not enough data | 
| **Risk Assessment** | Not enough data | Not enough data | 
| **Activity Dashboard** | Not enough data | Not enough data | 
| **Task Management** | Not enough data | Not enough data | 
| **Audit Management** | Not enough data | Not enough data | 
| **Generative AI** | Not enough data | Not enough data | 
| **Governance** | Not enough data | Not enough data | 
| **Corrective and Preventive Actions (CAPA)** | Not enough data | Not enough data | 
| **Alerts/Notifications** | Not enough data | Not enough data | 
| **FDA Compliance** | Not enough data | Not enough data | 
| **Secure Data Storage** | Not enough data | Not enough data | 
| **Approval Process Control** | Not enough data | Not enough data | 
| **Version Control** | Not enough data | Not enough data | 

### Vendor Security and Privacy Assessment

| Product | Score | Reviews |
|---|---|---|
| **UpGuard Vendor Risk** | 8.3/10 | 306 |
| **Venminder** | 8.7/10 | 19 |

#### Functionality

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Customized Vendor Pages** | 8.3 (272 reviews) | 7.6 (17 reviews) | 
| **Centralized Vendor Catalog** | 8.6 (273 reviews) | 9.2 (18 reviews) | 
| **Questionnaire Templates** | 8.6 (283 reviews) | 9.3 (19 reviews) | 
| **User Access Control** | 8.7 (272 reviews) | 8.4 (19 reviews) | 

#### Risk assessment

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Risk Scoring** | 8.9 (286 reviews) | 8.9 (18 reviews) | 
| **4th Party Assessments** | 7.9 (255 reviews) | 8.6 (17 reviews) | 
| **Monitoring And Alerts** | 8.7 (276 reviews) | 9.2 (19 reviews) | 
| **AI Monitoring** | 7.5 (85 reviews) | Not enough data | 

#### Generative AI - Vendor Security and Privacy Assessment

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Text Summarization** | 7.6 (81 reviews) | Not enough data | 
| **Text Generation** | 7.7 (82 reviews) | Not enough data | 

### Third Party &amp; Supplier Risk Management

| Product | Score | Reviews |
|---|---|---|
| **UpGuard Vendor Risk** | 8.1/10 | 438 |
| **Venminder** | 8.5/10 | 29 |

#### Risk Assessment

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Scoring** | 8.7 (367 reviews) | 8.8 (27 reviews) | 
| **AI** | 7.5 (167 reviews) | Not enough data | 

#### Risk Control

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Reviews** | 8.4 (347 reviews) | 8.3 (27 reviews) | 
| **Policies** | 8.1 (333 reviews) | 8.7 (26 reviews) | 
| **Workflows** | 8.0 (350 reviews) | 8.3 (26 reviews) | 

#### Monitoring

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Vendor Performance** | 8.5 (339 reviews) | 8.5 (27 reviews) | 
| **Notifications** | 8.5 (353 reviews) | 8.8 (26 reviews) | 
| **Oversight** | 8.6 (353 reviews) | 8.7 (27 reviews) | 

#### Reporting

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Templates** | 8.3 (337 reviews) | 8.1 (28 reviews) | 
| **Centralized Data** | 8.4 (334 reviews) | 8.8 (27 reviews) | 
| **360 View** | 8.3 (344 reviews) | 8.1 (26 reviews) | 

#### Agentic AI - Third Party &amp; Supplier Risk Management

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Adaptive Learning** | 7.2 (102 reviews) | Not enough data | 
| **Decision Making** | 7.3 (103 reviews) | Not enough data | 

### IT Risk Management

| Product | Score | Reviews |
|---|---|---|
| **UpGuard Vendor Risk** | 7.3/10 | 151 |
| **Venminder** | N/A | N/A |

#### Generative AI

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **AI Text Generation** | 7.3 (145 reviews) | Not enough data | 

#### Monitoring - IT Risk Management

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **AI Monitoring** | 7.8 (75 reviews) | Not enough data | 

#### Agentic AI - IT Risk Management

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Autonomous Task Execution** | 7.0 (53 reviews) | Not enough data | 
| **Multi-step Planning** | 7.3 (52 reviews) | Not enough data | 

### Vendor Management

| Product | Score | Reviews |
|---|---|---|
| **UpGuard Vendor Risk** | N/A | N/A |
| **Venminder** | 7.5/10 | 57 |

#### Agentic AI - Vendor Management

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Decision Making** | Not enough data | Not enough data | 

#### Additional Functionality

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Generative AI** | Not enough data | Not enough data | 
| **Billing &amp; Invoicing** | Not enough data | Not enough data | 
| **Customizable Templates** | Not enough data | Not enough data | 
| **User Management** | Not enough data | Not enough data | 
| **Invoice Processing** | Not enough data | Not enough data | 
| **Onboarding** | Not enough data | Not enough data | 
| **Search/Filter** | Not enough data | Not enough data | 
| **Sourcing Management** | Not enough data | Not enough data | 
| **Vendor Master Data Management** | Not enough data | Not enough data | 
| **Procurement Management** | Not enough data | Not enough data | 
| **Reporting &amp; Statistics** | Not enough data | Not enough data | 
| **Document Management** | Not enough data | Not enough data | 
| **Project Management** | Not enough data | Not enough data | 
| **Data Visualization** | Not enough data | Not enough data | 
| **Access Controls/Permissions** | Not enough data | Not enough data | 
| **Transaction History** | Not enough data | Not enough data | 
| **Risk Assessment** | Not enough data | Not enough data | 
| **Activity Dashboard** | Not enough data | Not enough data | 
| **Real-Time Data** | Not enough data | Not enough data | 
| **Alerts/Notifications** | Not enough data | Not enough data | 
| **Offboarding** | Not enough data | Not enough data | 
| **AI Copilot** | Not enough data | Not enough data | 
| **Self Service Portal** | Not enough data | Not enough data | 
| **Audit Management** | Not enough data | Not enough data | 
| **Collaboration Tools** | Not enough data | Not enough data | 
| **API** | Not enough data | Not enough data | 
| **Approval Process Control** | Not enough data | Not enough data | 
| **Vendor Payment** | Not enough data | Not enough data | 
| **Third-Party Integrations** | Not enough data | Not enough data | 
| **Performance Metrics** | Not enough data | Not enough data | 
| **Purchase Order Management** | Not enough data | Not enough data | 
| **Contract/License Management** | Not enough data | Not enough data | 
| **Data Import/Export** | Not enough data | Not enough data | 
| **Single Sign On** | Not enough data | Not enough data | 
| **Workflow Management** | Not enough data | Not enough data | 
| **Compliance Management** | Not enough data | Not enough data | 
| **Task Management** | Not enough data | Not enough data | 

#### Revenue Recognition

| Feature | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Usage Tracking** | Not enough data | 8.1 (44 reviews) | 
| **Deferred Revenue** | Not enough data | 7.1 (37 reviews) | 
| **Revenue Accrual** | Not enough data | 7.2 (35 reviews) | 

---
## Categories
**Shared Categories (2):** [Vendor Security and Privacy Assessment Software](https://www.g2.com/categories/vendor-security-and-privacy-assessment), [Third Party &amp; Supplier Risk Management Software](https://www.g2.com/categories/third-party-supplier-risk-management)

**Unique to UpGuard Vendor Risk (1):** [IT Risk Management Software](https://www.g2.com/categories/it-risk-management)

**Unique to Venminder (1):** [Vendor Management Software](https://www.g2.com/categories/vendor-management)


---
## Reviewer Demographics

### By Company Size

| Segment | UpGuard Vendor Risk | Venminder | 
|---|---|---|
| **Small-Business** | 11.0% | 24.3% | 
| **Mid-Market** | 40.0% | 59.5% | 
| **Enterprise** | 49.0% | 16.2% | 

### By Industry

#### UpGuard Vendor Risk

- **Financial Services:** 9.8%
- **Information Technology and Services:** 9.6%
- **Computer Software:** 8.7%
- **Computer &amp; Network Security:** 6.0%
- **Manufacturing:** 4.1%
- **Hospital &amp; Health Care:** 3.7%
- **Utilities:** 3.1%
- **Retail:** 2.9%
- **Insurance:** 2.8%
- **Telecommunications:** 2.6%
- **Other:** 46.8%

#### Venminder

- **Banking:** 44.1%
- **Financial Services:** 39.6%
- **Information Technology and Services:** 3.6%
- **Non-Profit Organization Management:** 2.7%
- **Hospital &amp; Health Care:** 1.8%
- **Commercial Real Estate:** 1.8%
- **Consulting:** 0.9%
- **Wireless:** 0.9%
- **Retail:** 0.9%
- **Real Estate:** 0.9%
- **Other:** 2.7%

---
## Alternatives

### Alternatives to UpGuard Vendor Risk

- [SecurityScorecard](https://www.g2.com/products/securityscorecard/reviews) — 4.3/5 stars (92 reviews)
- [Bitsight](https://www.g2.com/products/bitsight/reviews) — 4.5/5 stars (76 reviews)
- [Vanta](https://www.g2.com/products/vanta/reviews) — 4.5/5 stars (2727 reviews)
- [Optro](https://www.g2.com/products/optro/reviews) — 4.6/5 stars (1624 reviews)
- [Secureframe](https://www.g2.com/products/secureframe/reviews) — 4.7/5 stars (826 reviews)
- [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) — 4.7/5 stars (1685 reviews)
- [Scrut Automation](https://www.g2.com/products/scrut-automation/reviews) — 4.9/5 stars (1315 reviews)
- [Drata](https://www.g2.com/products/drata/reviews) — 4.7/5 stars (1396 reviews)
- [ServiceNow Governance, Risk, and Compliance (GRC)](https://www.g2.com/products/servicenow-governance-risk-and-compliance-grc/reviews) — 4.2/5 stars (118 reviews)
- [Loopio](https://www.g2.com/products/loopio/reviews) — 4.6/5 stars (813 reviews)

### Alternatives to Venminder

- [Vanta](https://www.g2.com/products/vanta/reviews) — 4.5/5 stars (2727 reviews)
- [Optro](https://www.g2.com/products/optro/reviews) — 4.6/5 stars (1624 reviews)
- [Secureframe](https://www.g2.com/products/secureframe/reviews) — 4.7/5 stars (826 reviews)
- [Drata](https://www.g2.com/products/drata/reviews) — 4.7/5 stars (1396 reviews)
- [SAP Fieldglass](https://www.g2.com/products/sap-sap-fieldglass/reviews) — 4.5/5 stars (485 reviews)
- [SAP Ariba](https://www.g2.com/products/sap-ariba/reviews) — 4.1/5 stars (795 reviews)
- [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) — 4.7/5 stars (1685 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3883 reviews)
- [Responsive, formerly RFPIO](https://www.g2.com/products/responsive-formerly-rfpio/reviews) — 4.5/5 stars (1312 reviews)
- [Scrut Automation](https://www.g2.com/products/scrut-automation/reviews) — 4.9/5 stars (1315 reviews)

---
## Top Discussions

### UpGuard Vendor Risk

- Title: [Domain at risk of being hijacked](https://www.g2.com/discussions/domain-at-risk-of-being-hijacked) — 1 comment, 1 upvote *(includes official response)*
  > **Top comment:** "Hi and thank you for your message! UpGuard recently switched domain registrars because of this issue. We will remove this risk for all domains at a..."

### Venminder

No discussions available for this product.

---
**Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/upguard-vendor-risk-vs-venminder)

