Kevin S.
KS
Kevin S.
Director of Sales
Small-Business (50 or fewer emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"A Holistic Approach to Third-Party Risk Management"
5/5
What do you like best about Venminder?

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.

What do you dislike about Venminder?

We have do not have anything negative to share. Review collected by and hosted on G2.com.

Kathy V.
KV
Kathy V.
Vice President/Compliance
Mid-Market (51-1000 emp.)
"Venminder makes a challenging task easier!"
5/5
What do you like best about Venminder?

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.

What do you dislike about Venminder?

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.

Verified User in Financial Services
AF
Verified User in Financial Services
Mid-Market (51-1000 emp.)
"They Think About Risk So I Don't Have To"
4.5/5
What do you like best about Venminder?

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.

What do you dislike about Venminder?

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.

Verified User in Banking
AB
Verified User in Banking
Mid-Market (51-1000 emp.)
"Very satisfied with Venminder as a TPRM solution."
5/5
What do you like best about Venminder?

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.

What do you dislike about Venminder?

Sometimes hard to navigate and find information that you need. Review collected by and hosted on G2.com.

AM
Alana M.
Vice President of IT Vendor Management
Mid-Market (51-1000 emp.)
"Best Vendor and Risk Management Tool"
5/5
What do you like best about Venminder?

The whole package and the ease of use... Review collected by and hosted on G2.com.

What do you dislike about Venminder?

None - I like all the functionality of Venminder Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
AI
Verified User in Information Technology and Services
Enterprise (> 1000 emp.)
"Venminder Software Review"
5/5
What do you like best about Venminder?

What I like best about Venminder is that the software is user-friendly and easy to use. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

The only thing I would have to say that I dislike is that there are times where I am unable to sign in or send an assessment to a vendor. Review collected by and hosted on G2.com.

BM
Barbara M.
Risk Management Supervisor
Mid-Market (51-1000 emp.)
"Best decision for our Vendor Management Program"
5/5
What do you like best about Venminder?

We can customize and tailor the system to our needs. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

We underestimated the time our staff would need to take to set up all of the parameters to achieve the customization we wanted from our vendor management software. The underestimation is not a reflection of the system but something we failed to factor in for getting the system up and running. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Verified User in Financial Services
Small-Business (50 or fewer emp.)
"Venminder has provided Quality Product and Excellent Service!"
4.5/5
What do you like best about Venminder?

Venminder platform is highly customizable and flexible enough to meet varied business needs. Also, the reporting suite is robust enough to provide different cuts of your stored data. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Objectively, no platform is perfect. With that said, Venminder is open to enhancement requests and implementing requests when feasible. In cases where technology gaps exist, in the interim, the people at Venminder have done an excellent job in providing support. Review collected by and hosted on G2.com.

Verified User in Management Consulting
CM
Verified User in Management Consulting
Enterprise (> 1000 emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Venminder helps companies effectively manage third party risk"
4.5/5
What do you like best about Venminder?

Pre-qualified/certified list of supplier profiles and certifications maintained and team of certified individuals augmented by external data sources to validate the info. This improves the quality and timeliness of the supplier profiles. Companies cannot afford to invest in all of these tools nor SMEs in each process and are often forced to pick and choose. Venminder provides this on-demand to meet the needs when it's needed. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

Currently focused on the financial and infosec side of supplier certification. Expanding into ESG related topics including sustainability and inclusion and diversity status would be great as this is a key focus area for companies. I understand the Venminder is moving in this direction. Review collected by and hosted on G2.com.

Verified User in Banking
AB
Verified User in Banking
Small-Business (50 or fewer emp.)
"Venminder is a great business partner"
4.5/5
What do you like best about Venminder?

I love how helpful the Venminder team is when I have a question. Review collected by and hosted on G2.com.

What do you dislike about Venminder?

I can't think of anything I don't like about Venminder. Some may say cost but I would remind them that you get what you pay for :) Review collected by and hosted on G2.com.