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1 Level
787 Review
32 Karma

Review on Phinity Integrated Risk Management by Jim Cox

Revainrating 5 out of 5

Reviewing compliance across multiple organizations

I like how it presents all of my third party vendors in one place. It makes it easy to see if they are compliant with current regulatory requirements. The implementation was delayed for quite some time. My organization has many different departments that use Phinity. There were times during the implementation where we had to go in and manually add new third parties. This can be easily solved by using a custom module. It is great that they have a mobile app as well. I needed an overview of all of our third party vendors. After implementing, we were able to see exactly what kind of data we were storing and if it met up with our internal standards.

Pros
  • Easy way organize vendor relationships
  • Customer service
  • Mobile App access (iOS version)Cons : Implementation took too long 5 months from initial contact until fully implemented
Cons
  • Some difficulties