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ProcessUnity

ProcessUnity Vendor Risk Management

5.8 /10
Category
ProcessUnity Vendor Risk Management
5.8 /10

What is ProcessUnity Vendor Risk Management?

ProcessUnity Vendor Risk Management (VRM) protects companies and their brands by reducing risk from third parties, vendors and suppliers. Their third-party risk management tools help customers effectively and efficiently assess and monitor both new and existing vendors – from initial onboarding to ongoing due diligence and monitoring. ProcessUnity’s cloud-based solutions help organizations of all sizes automate their risk and compliance programs. These highly configurable, easy-to-use tools significantly reduce manual administrative tasks, allowing customers to spend more time on strategic risk mitigation.

Company Details


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ProcessUnity Vendor Risk Management Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on ProcessUnity Vendor Risk Management.

74 Likeliness to Recommend

86 Plan to Renew

66 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+49 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love ProcessUnity Vendor Risk Management?

12% Negative
13% Neutral
75% Positive

Pros

  • Respectful
  • Efficient Service
  • Effective Service
  • Caring

Cons

  • Less Productive
  • Commodity Features
  • Slower Product Innovation

Feature Ratings

Average 71

Risk Scoring

78

Compliance Monitoring

72

Vendor Risk Assessments

72

Reporting and Dashboards

72

Risk Monitoring

69

Process Library

68

Hierarchy Management

64

Self Service Portal

63

Alerts/Notifications

63

Vendor Onboarding

62

GRC Integration

61

Vendor Capability Ratings

Average 66

Vendor Support

75

Ease of Customization

72

Product Strategy and Rate of Improvement

69

Ease of IT Administration

69

Ease of Implementation

69

Business Value Created

69

Availability and Quality of Training

69

Ease of Data Integration

66

Quality of Features

59

Breadth of Features

59

Usability and Intuitiveness

53

ProcessUnity Vendor Risk Management Reviews

Shaswatee D.

  • Role: Student Academic
  • Industry: Consulting
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Jun 2023

customization & automation is a task, overall good

Likeliness to Recommend

9 /10

What differentiates ProcessUnity Vendor Risk Management from other similar products?

Level of detailing in the features, data collected for vendor management. You can keep as much detailed information about a vendor relation as per client needs. Evidence collection for vendor risk assessments are also good. Direct communication to and fro with vendor is also smooth.

What is your favorite aspect of this product?

Vendor database management and washboarding are smooth and accurate

What do you dislike most about this product?

The link between vendor profiles, sometimes updating some information doesn't reflect everywhere. Automation is an issue

What recommendations would you give to someone considering this product?

Customization and automation workarounds should be made easier

Pros

  • Efficient Service
  • Fair
  • Continually Improving Product
  • Reliable

Luciana C.

  • Role: Vendor Management
  • Industry: Banking
  • Involvement: Initial Implementation
Validated Review
Verified Reviewer

Submitted Jun 2023

Easy to use , but need more training and more capa

Likeliness to Recommend

9 /10

What differentiates ProcessUnity Vendor Risk Management from other similar products?

More features

What is your favorite aspect of this product?

Can be customized

What do you dislike most about this product?

Does not have many alerts to emails

What recommendations would you give to someone considering this product?

Good training before starts using it.

Pros

  • Efficient Service
  • Respectful
  • Helps Innovate
  • Continually Improving Product
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