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VendorVerifier Review

2

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Excellent

Revainrating 5 out of 5  
Rating 
5.0
Governance, Risk and Compliance, Third Party and Supplier Risk Management

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Description of VendorVerifier

A healthy supply-chain, with ample number of potential contractors, is critical to your profits, but don’t assess them out - comply them in. A robust bidding pool not only decreases your risks, it decreases your costs. Provide suppliers critical WFH policies and assessments during sourcing events.

Reviews

Global ratings 2
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Type of review

Revainrating 5 out of 5

Very helpful platform - good value, plus user-friendly

I like that there are 3 ways for vendors/subsidy recipient firms can be vetted (which makes sense since they must do this when sending their proposal). Notifications via email or text about new vetting activity; easy search functionality by category & subcategory across all types so you're able check against what's already been checked as well as any open items.; also ability filter results further using vendor names instead just checking box next to each one if needed.) Great service! Haven't…

Pros
  • Ability in general is quite good even without being logged into system we could still make searches easily enough.
  • Also helpful customer support staff who were willing / knowledgeable regarding issues submitted during testing process
Cons
  • Some problems

Revainrating 5 out of 5

Easy way how procure and manage supplier performance

The ease at which you can create reports for each stage of procurement process as well as being able to send that report directly into invoicing system makes this tool very useful. The reporting capability needs some improvement so we could have more options when creating our own customised requirements list using vendor's internal data sources or even third party systems such as ZoomInfo etc. I would recommend anyone who has an active Procurement department within their organisation should…

Pros
  • Easy way how one may setup required workflows with minimal effort, ability track risks associated both during bids/RFx phases through stages up until purchase order is approved (and then delivered), possibility see real time statuses about current RFQ phase including potential suppliers' answers received along side information what supplier submitted his proposal via e mail link provided upon submitting initial request just few clicks away! All these features combined gives me
Cons
  • There are nuances