--- title: Venminder Reviews meta\_title: 'Venminder Reviews 2026: Details, Pricing, & Features | G2' meta\_description: Filter 115 reviews by the users' company size, role or industry to find out how Venminder works for a business like yours. aggregate\_rating: rating\_value: 4.7 review\_count: 115 scale: '5' date\_modified: '2026-08-09' parent\_category: name: Governance, Risk & Compliance url: https://www.g2.com/categories/governance-risk-compliance --- # Venminder Reviews & Product Details Visit Website Venminder is a market leader in third-party risk management solutions. Venminder caters to the complex requirements of third-party risk management with robust solutions and expert guidance. The market-leading provider hones its solutions to address the evolving needs of risk management across various industries, servicing customers from startups to Fortune 100 organizations. Venminder's cutting-edge platform offers a centralized space for comprehensive third-party risk management. The third-party risk management software includes but is not limited to vendor onboarding and offboarding, document storage, contract and SLA tracking, questionnaire management, risk assessments, workflow creation, and comprehensive reporting. This versatility allows organizations to customize and streamline the risk management of suppliers, vendors, and third parties. Venmonitor™ is one of Venminder's standout risk intelligence solutions, designed to revolutionize third-party screening. It empowers customers to quickly screen potential or current third parties across multiple risk domains with less manual activities and without the need for direct involvement with the suppliers. With Venmonitor™, organizations gain deeper insight into crucial areas such as cybersecurity, business health, privacy, Know Your Vendor, and more. Thanks to daily refresh capabilities, users are equipped with continuous and up-to-date monitoring, ensuring that they remain ahead of any potential risks. Vendiligence™, another Venminder solution, is an outsourced service that performs on-demand control assessments on vendors, such as information security, data protection, cybersecurity, and financial health. Venminder's team of highly qualified experts includes CISSPs, CPAs, financial risk analysts, paralegals, and more. Available in an extensive online library, these risk-based assessments facilitate identifying and understanding potential risks and strengths related to vendors' information security posture, privacy standards, SOC reports, financial viability, business continuity/disaster recovery preparedness, contractual standards, and regulatory compliance. Venminder’s services also include vendor document collection, relieving customers of the cumbersome task of chasing paperwork. Additionally, their expert advisory services assist customers in aligning their third-party risk management policies and procedures with leading industry standards. Venminder is more than a solution provider; they are a knowledge hub for the industry. Venminder’s experienced professionals frequently contribute to industry conversations at conferences through educational content and hosting CPE credit-eligible webinars. Venminder also offers Third Party ThinkTank, the world’s largest online networking community dedicated to third-party risk professionals to share insights and best practices. * * * Product Website Venminder Seller [Ncontracts](https://www.g2.com/sellers/ncontracts) Discussions [Venminder Community](https://www.g2.com/products/venminder/discuss) Languages Supported English Solution Type All-in-One Overview by Deirdre Grubbs (Chief Marketing Officer at Venminder) Show More ## Value at a Glance Averages based on real user reviews. ### Time to Implement 2 months [ View More Pricing Information ](https://www.g2.com/products/venminder/pricing) FD Fred D. Manager Mid-Market (51-1000 emp.) 5/22/2024 "Managing Risk is best performed with Venminder" 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Venminder helps me to organize and complete the required due diligence on the critical vendors. We are able to involve several staff by assigning product ownership to them and requiring that they complete the Risk Assessment for each of their respective products and services. Venminder helps me to schedule required due diligence for the critical vendors and to email the respective product/service owners on a regular basis. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite ![Ricky R.](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Ricky R.") RR Ricky R. Director of Information Technology and Security Officer Mid-Market (51-1000 emp.) 5/24/2024 "A good tool for Vendor and Third Risk Management" 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Contract documentaiton and Third-party risk. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite ![Verified User in Banking](/assets/icons/anonymous-avatar-purple-4ae1032bdb50ee5682003170c8184aee790d25958bd397abbd384ba52c596a7b.svg "Verified User in Banking") EB Verified User in Banking Mid-Market (51-1000 emp.) 5/30/2024 "Upgrade Your Vendor Management with Venminder" 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Venminder allows us to keep all of our vendor information in a centralized place that department heads/product managers can access to help with the risk assessments and due diligence/oversight. They also send reminders before contracts renew, so that we can review and renegotiate vs. just letting the contract roll. They also provide expert guidance on vendor management, which we find valuable. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite ![Julio H.](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Julio H.") JH Julio H. Corporate Security and Investigations Operations Manager Mid-Market (51-1000 emp.) 6/5/2024 "Venminder - Makes Vendor Risk Management Life Easy" 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Venminder takes all associated with third-party vendor risk managment and creates a very polished one stop shop for all things related to vendor management. The product / software funtionality and support is by far the best vendor management tool available. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite JK Jonathan K. Mid-Market (51-1000 emp.) 5/21/2024 "Using Venminder to get control of the vendor management process." 4/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Third party analysys of complex SOC and financial data, centralized storage for all things vendor management, flexibility in building risk assessments and questionaires, access to other users and training materials to help continue to mature the Vendor Management program. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite ![Verified User in Real Estate](/assets/icons/anonymous-avatar-purple-4ae1032bdb50ee5682003170c8184aee790d25958bd397abbd384ba52c596a7b.svg "Verified User in Real Estate") AR Verified User in Real Estate Mid-Market (51-1000 emp.) 6/17/2024 "Vendminder is an exceptional platform tailored for managing vendor risk and compliance." 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? endminder provides robust tools for assessing vendor risks, including detailed questionnaires and risk scoring models. These tools help organizations identify potential risks early on and take appropriate measures to mitigate them. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerSource: Organic ![Verified User in Banking](/assets/icons/anonymous-avatar-purple-4ae1032bdb50ee5682003170c8184aee790d25958bd397abbd384ba52c596a7b.svg "Verified User in Banking") UB Verified User in Banking Mid-Market (51-1000 emp.) 5/24/2024 "Venminder Vendor Management" 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 1) The Venmonitoring tools could be improved to provide more insight as to the ratings. Review collected by and hosted on G2.com. What problems is Venminder solving and how is that benefiting you? 1) Personal Attention from Nicole 2) Document Storage 3) Oversight 4) Inherent and residual Assessments 5) Capturing fourth parties 6) Capturing PII and othehr confidential information provided to third parties. 7) Mitigation support (Financial Health Assessment abd Data Protection Assesmsent) for when a vendor cannot provide audited financials or a SOC 2 Report Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite ![Ashley W.](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Ashley W.") AW Ashley W. Technology Compliance Analyst Mid-Market (51-1000 emp.) 5/21/2024 "Third Party Risk Management Made Easy" 4/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Venminder has helped us streamline our vendor management process and has enabled us to stand up a third party risk management program. Review collected by and hosted on G2.com. Show More Validated ReviewerIncentivizedSource: Seller invite ![Verified User in Financial Services](/assets/icons/anonymous-avatar-purple-4ae1032bdb50ee5682003170c8184aee790d25958bd397abbd384ba52c596a7b.svg "Verified User in Financial Services") AF Verified User in Financial Services Small-Business (50 or fewer emp.) 5/30/2024 "A good tool if you have a lot of time or dedicated vendor team to work on it." 3.5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? 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. What problems is Venminder solving and how is that benefiting you? Previously, we were using a couple different platforms to track vendor information, and this has consolidated everything in one place where we can easily track things like contract status and contact information. It has also solved the issue of a proper vendor due diligence by being able to send out questionnaires to our vendors. Review collected by and hosted on G2.com. Show More Validated ReviewerIncentivizedSource: Seller invite DT Derek T. IT Project Manager / Network Engineer Small-Business (50 or fewer emp.) 6/3/2024 "Venminder is an amazing application that simplifies vendor management." 5/5 What do you like best about Venminder? 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. What do you dislike about Venminder? I find nothing not helpful in Venminder. Review collected by and hosted on G2.com. What problems is Venminder solving and how is that benefiting you? I use Blackkite for monitoring my critical vendors and it is right on the platform. I am able to set up the department managers to manage their own vendors which is a huge help. Review collected by and hosted on G2.com. Show More Current UserValidated ReviewerIncentivizedSource: Seller invite ## Questions about Venminder? Ask real users or explore answers from the community Get practical answers, real workflows, and honest pros and cons from the G2 community or share your insights. [ Ask about Venminder ](https://www.g2.com/products/venminder/discussions/new) GU Guest User What is Venminder used for? 0 Upvotes 0 [ Join the conversation ](https://www.g2.com/discussions/what-is-venminder-used-for) [ View all Discussions ](https://www.g2.com/products/venminder/discuss) ## Pricing Insights Averages based on real user reviews. ### Time to Implement 2 months ### Return on Investment 9 months ### Average Discount 15% [ View More Pricing Information ](https://www.g2.com/products/venminder/pricing) Venminder Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_b419cc9b3c7a659e08e62a5956aeebdb/ncontracts-ncontracts.png "Product Avatar Image") Ncontracts 4.7/5(181) [ Compare Now ](https://www.g2.com/compare/ncontracts-ncontracts-vs-venminder) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_33cc27d36ee3cc5b0fb173768621ff90/logicgate.png "Product Avatar Image") LogicGate 4.6/5(191) [ Compare Now ](https://www.g2.com/compare/logicgate-vs-venminder) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_a04b3e930dd865ce8365efe856a366e2/upguard-vendor-risk.png "Product Avatar Image") UpGuard Vendor Risk 4.5/5(731) [ Compare Now ](https://www.g2.com/compare/upguard-vendor-risk-vs-venminder) ##### ##### Venminder Features Revenue Recognition Usage Tracking Deferred Revenue Revenue Accrual Functionality Questionnaire Templates Risk assessment Monitoring And Alerts Risk Assessment Scoring [ View More Features ](https://www.g2.com/products/venminder/features) ## Top-Rated Alternatives [ ![UpGuard Vendor Risk](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "UpGuard Vendor Risk") UpGuard Vendor Risk 4.5/5(731) ](https://www.g2.com/products/upguard-vendor-risk/reviews) [ ![Vanta](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Vanta") Vanta 4.6/5(2,701) ](https://www.g2.com/products/vanta/reviews) [ ![Optro](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Optro") Optro 4.6/5(1,622) ](https://www.g2.com/products/optro/reviews) [ View All Alternatives ](https://www.g2.com/products/venminder/competitors/alternatives) ##### Categories on G2 [Vendor Management](https://www.g2.com/categories/vendor-management)[Vendor Security and Privacy Assessment](https://www.g2.com/categories/vendor-security-and-privacy-assessment)[Third Party & Supplier Risk Management](https://www.g2.com/categories/third-party-supplier-risk-management) ##### Explore More [What's the leading RPA software for financial services](https://www.g2.com/discussions/what-s-the-leading-rpa-software-for-financial-services)[Which salary benchmarking platforms integrate with existing HR and compensation management systems so data flows automatically rather than requiring a monthly export?](https://www.g2.com/discussions/which-salary-benchmarking-platforms-integrate-with-existing-hr-and-compensation-management-systems-so-data-flows-automatically-rather-than-requiring-a-monthly-export)[What's the best SMS marketing platform for ecommerce brands running abandoned cart, post-purchase and loyalty campaigns?](https://www.g2.com/discussions/what-s-the-best-sms-marketing-platform-for-ecommerce-brands-running-abandoned-cart-post-purchase-and-loyalty-campaigns) [Best platforms for scheduling across multiple time zones](https://www.g2.com/discussions/best-platforms-for-scheduling-across-multiple-time-zones)[What are the best collaboration tools available on AWS marketplace?](https://www.g2.com/discussions/what-are-the-best-collaboration-tools-available-on-aws-marketplace)[Pros and Cons Details](https://www.g2.com/products/venminder/reviews?qs=pros-and-cons) [Show MoreShow Less](javascript:void(0);)