Verified User in Financial Services
AF
Verified User in Financial Services
Mid-Market (51-1000 emp.)
"Simple-to-use solution for a complex problem"
5/5
What do you like best about Venminder?

Automated processes are easy to use once everything is set up. Ability to create color-coded reports so that other, non-Vendor Management, team members can follow along is a life-saver. All this pales in comparison to the representatives we get to work with. For once, I do not dread reaching out for help because when I do 1) my problems are solved, 2) explained, and 3) and followed-up on within the month just to ensure I have no other issues. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Like many risk solutions, you must buy "optional" modules to get the full benefit. I would say the base product/platform is lackluster until you have purchased all the modules necessary (once you purchase one, you will notice that you need another in order to fully utilize the service). Review collected by and hosted on G2.com.

TL
Tonya L.
ISO, SVP
Mid-Market (51-1000 emp.)
"Venminder is an amazing tool for Vendor Management"
5/5
What do you like best about Venminder?

Venminder is very customizable. Their customer support is amazing. The system can be built to work with your program. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

If you use the risk assessment, you cannot change the risk rating unless you do the risk assessment manually. Review collected by and hosted on G2.com.

PS
Persia S.
Senior Compliance Officer
Mid-Market (51-1000 emp.)
"Great Product, excellent Customer Support and very Informative Trainings!"
5/5
What do you like best about Venminder?

The trainings offered are not only on the Venminder system but included are various pieces of training on Vendor Management which have been very helpful. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

I have had no issues with the Venminder system or their Team. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Verified User in Banking
Small-Business (50 or fewer emp.)
"Vendor Management Made Easy"
5/5
What do you like best about Venminder?

Everything is all in one place. There are also learning materials available to use. Emails notifications are sent so vendor management tasks and deadlines do not fall between the cracks. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Some navigation can be a pain. For example, you cannot become a collaborator for a vendor without a bit of back-tracking. dditionally, many of the modules come at an additional cost. Review collected by and hosted on G2.com.

JP
Joe P.
Consultant
Mid-Market (51-1000 emp.)
"venminder is a great vendor management product"
5/5
What do you like best about Venminder?

Venminder does a great job with contracts and document storage of vendor reviews and assessments. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

After using the product 2 years now I have not come across anything that hasn't helped us with vendor management needs. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Verified User in Banking
Mid-Market (51-1000 emp.)
"Venminder will help streamline our vendor management process."
3.5/5
What do you like best about Venminder?

Our implementation rep Nicole Willson is very knowledgeable of the system and a great person to work with. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Complete customization was portrayed in their advertising, but as we worked through the system, we are noticing that not everything is as customizable as we thought. Review collected by and hosted on G2.com.

LG
LaDonna G.
Risk Manager
Small-Business (50 or fewer emp.)
"I've had a great experience working with Venminder for our third-party vendors."
5/5
What do you like best about Venminder?

The Venminder employees I work with are the most helpful whenever I have questions about the platform. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

There are older documents we would like removed from our documents folder and we are currently working with Venminder to archive them. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Verified User in Banking
Enterprise (> 1000 emp.)
"Venminder is a trusted partner and continues to grow their platform"
4/5
What do you like best about Venminder?

The system provides a complete vendor management lifecycle, which helps with internal processes and regulatory requirements. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

The modules are not as seamless as they should be, especially between onboarding and ongoing. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Verified User in Banking
Mid-Market (51-1000 emp.)
"Field labels are not customizable, not as much flexibility as excepted, custom rpts not availability"
2.5/5
What do you like best about Venminder?

Nicole Wilson has provided the best guidance. She certainly knows how to set up the system from the ground up. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

System is not set to track overall Vendor relationships eg: Vendor, Products/Service with Contract and SLA and specific documents together stay together and report that way. It appears very silo'd for "processing." OnBoarding, OnGoing appears not to carry over Vendor overall information over. Lot's of steps seem repeatative. System is not customizable. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Verified User in Financial Services
Small-Business (50 or fewer emp.)
"Venminder is great!"
4/5
What do you like best about Venminder?

Venminder keeps all of our vendors in 1 easy to view pane and is great for making sure you do your due diligence on your vendors Review collected by and hosted on G2.com.

What do you dislike about Venminder?

It can become a lot of work if you do not stay on top of everything. Review collected by and hosted on G2.com.