Vendor Insights
A centralized location to execute your third-party risk management program. Enables users to store documentation, onboard a vendor, track contracts, manage SLAs, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting and more.
Overview
Venminder is a recognized leader of third-party risk management. Our platform provides you with all the capabilities to run a successful program that is aligned to today's best practices and enable you to meet strict regulatory guidelines.
The Venminder Third-Party Risk Enterprise Platform provides a centralized location to execute your third-party risk management program. It enables users to store documentation, onboard a vendor, track contracts, manage SLAs and issues, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting and more.
For private offers contact your Venminder sales representative or visit www.venminder.com/contact/aws-marketplace
Highlights
- Built for collaboration, there is no limit on the users, vendors or contracts you manage
- Code-free configuration
- Track and schedule reports to have clear visibility for risk-based decisions
Details
Sold by
Delivery method
Features and programs
Skip the manual risk assessment. Get verified and regularly updated security info on this product with Vendor Insights.
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Dimension | Description | Cost/12 months |
|---|---|---|
Venminder TPR Enterprise | Includes all Enterprise modules (no customization) | $125,000.00 |
Vendor refund policy
See contract
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .
Content disclaimer
Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.
Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
Vendor resources
Support
Vendor support
Pre-sales consulting, online support center with articles and documentation, dedicated Customer Success Manager aws@venminder.com
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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Identify potential gaps at your vendor before they disrupt your business or impact your customers. Venminder’s team of security professionals can assess your vendor’s BC and DR documentation including plans, testing and recovery point and time objectives, resulting in a risk-rated vendor assessment.
Point-in-Time Cybersecurity Assessment
By Venminder
Take proactive steps to identify and mitigate potential areas of weakness. Venminder’s team of experts will provide you with an overview of your vendor’s cybersecurity posture. Your vendor’s cybersecurity documentation will have been requested and reviewed in order to verify your vendor has sufficient controls in place.
Customer reviews
Banking
Knowledge Available seems Endless!
Reviewed on Nov 19, 2024
Review provided by G2
What do you like best about the product?
The overall experience has been great. I was new to vendor management (and I am still learning) since I started working as our Risk Management Specialist. My favorite thing on Venminder is the knowledge base in the support center and the frequent webinars! It is very convenient having so much knowledge at my fingertips!
What do you dislike about the product?
The website has so much information it can be intimidating for first time users and takes a bit to navigate.
What problems is the product solving and how is that benefiting you?
Contract renewals, document tracking, completing assessments. All of these things have given me peace of mind knowing an expert is on the task!
Leave a comment0 comments
Abhishek S.
Good product
Reviewed on Aug 07, 2024
Review provided by G2
What do you like best about the product?
Great monitoring tool for vendor risk management. The overall experience has been great.
What do you dislike about the product?
Pricing could be improved and made competitive
What problems is the product solving and how is that benefiting you?
Solving business problem of client data management
Chantalle P.
Venminder - From the perspective of a newer Executive Assistant
Reviewed on Jun 20, 2024
Review provided by G2
What do you like best about the product?
I have had a very positive experience with Venminder. I was new to vendor management (and I am still learning) since I started working as our Executive Assistant. The Venminder team has been very helpful and willing to suggest ways to improve our risk management program as well as provide training when needed.
What do you dislike about the product?
The user interface can be intimidating at first, especially to those who don't have prior experience with vendor management software. However, the Venminder team is always willing to help navigate. The cost is on the higher side compared to similar services, which might deter some clients. There is a minimum flex fund balance in addition to the annual fee, which can be used for add-ons and to automate certain functions. For smaller organizations with limited budgets, these tools might not be necessary but since there is a minimum balance, you have to use some services. There are somewhat limited settings for reports you can pull as well, which can make it difficult to read a report without spending more time on it. The reports are created as a spreadsheet file though, so once you have downloaded it, you can edit the view for printing in that software. This just adds another step. There are some unnecessary tasks that are added for some of our vendors. We can pay for an add-on to limit the tasks for certain types of vendors, but the cost is pretty high. I would be more vigilant in setting up the correct tasks and reminders for vendors when we first add them so we don't have to manually change the tasks at this point, when we have had these vendors for a long time.
What problems is the product solving and how is that benefiting you?
It is convenient to have all our contracts in one place and know we have support if we need it. The tools are very helpful with the option to automate due diligence and the Venminder team helps us to collect due diligence documents when needed so we aren't spread too thin with other tasks.
Cristina P.
Ease
Reviewed on Jun 18, 2024
Review provided by G2
What do you like best about the product?
Easy to navigate and full vendor vetting.
What do you dislike about the product?
The only thing I would say that could help more is when a questionnaire is sent being able to see the question the vendor has answer if the questionnaire is not completed. Live view of the questionnaire.
What problems is the product solving and how is that benefiting you?
Venminder is our vendor management, which we use to send our vetting questionnaire and save our agreement. Store all our due diligence reviews. Monitor our high vendors and collect documents needed for vetting high-risk vendors.
Real Estate
Vendminder is an exceptional platform tailored for managing vendor risk and compliance.
Reviewed on Jun 17, 2024
Review provided by G2
What do you like best about the product?
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.
What do you dislike about the product?
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.
What problems is the product 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.