Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

OneTrust's Third-Party Management solution revolutionizes the management of your third-party lifecycle through data-driven automation, moving away from a questionnaire-first methodology to a risk-oriented framework by integrating data that enhances the security and efficiency of your third-party ecosystem. This innovative approach automates previously manual processes and customizes assessments to meet the specific requirements of each third-party relationship, thereby significantly boosting the efficiency of evaluations. Users typically see an impressive average reduction of over 70% in both time and costs related to conducting third-party risk assessments, which helps streamline the onboarding process. The platform utilizes top-tier data sources to perpetually monitor the risk profiles of third parties and automatically addresses emerging risks as they arise. By synchronizing workstreams and uniting teams around shared workflows, data objects, inventories, and objectives, it fosters greater consistency and efficiency. Furthermore, the solution enhances internal capabilities by automating essential processes and facilitating centralized oversight of third-party inventories, ensuring a more robust and responsive risk management framework. Ultimately, this level of integration not only strengthens risk management but also supports strategic decision-making across the organization.

Description

Venminder offers a comprehensive suite of tools essential for efficient management of third-party risks. By conducting thorough inherent risk assessments, organizations can identify which vendors require further scrutiny. The platform simplifies the processes of onboarding, continuous management, and offboarding vendors through specialized workspaces. Each phase is managed within a uniquely designed, adaptable software environment. Conducting risk assessments on vendor products is vital, as it reveals the potential risks those products may present to your organization. The Venminder platform allows users to formulate tailored risk assessment questions, invite an unlimited number of internal stakeholders to provide their insights, set scoring criteria, and generate clear and detailed risk rating reports among other functionalities. Additional features include the creation of templates, tracking of progress, and the ability to evaluate residual risks, ensuring a thorough approach to vendor risk management. Overall, Venminder equips organizations with the necessary tools to foster strong vendor relationships while mitigating potential risks.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

BitSight Yes 
AdaptiveGRC Yes 
Adobe Analytics Yes 
Argos Risk No 
Black Kite Yes 
Bureau van Dijk Review Yes 
Databricks Yes 
Dow Jones Risk & Compliance Yes 
Google Drive Yes 
Microsoft 365 Yes 
ORO No 
OneTrust Data Use Governance Yes 
OneTrust Tech Risk and Compliance Yes 
Recorded Future Yes 
RiskRecon Yes 
SQL Server Yes 
Salesforce Yes 
SecurityScorecard Yes 
Tableau Yes 
Valence Yes 

Integrations

BitSight Yes 
AdaptiveGRC No 
Adobe Analytics No 
Argos Risk Yes 
Black Kite No 
Bureau van Dijk Review No 
Databricks No 
Dow Jones Risk & Compliance No 
Google Drive No 
Microsoft 365 No 
ORO Yes 
OneTrust Data Use Governance No 
OneTrust Tech Risk and Compliance No 
Recorded Future No 
RiskRecon No 
SQL Server No 
Salesforce No 
SecurityScorecard No 
Tableau No 
Valence No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

OneTrust

Founded

2016

Country

United States

Website

www.onetrust.com/solutions/third-party-management/

Vendor Details

Company Name

Venminder

Founded

2002

Country

United States

Website

www.venminder.com

Product Features

Product Features

Vendor Management

Audit Management Yes 
Contact Management Yes 
Customer Database No 
Self Service Portal Yes 
Supplier Master Data No 
Transaction History No 
Vendor Maintained Profiles Yes 
Vendor Managed Inventory Yes 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

Alternatives

Alternatives

Triplicity Reviews

Triplicity

Phinity Risk Solutions
1Exiger Reviews

1Exiger

Exiger