Vendor360

RATING:

4.6

Overview

About Vendor360

Vendor360 is a risk management solution designed to help businesses manage vendor selection, evaluation and onboarding processes. The application allows administrators to analyze vendors through pre-defined or custom-built questionnaires, map questions in compliance with regulatory guidelines including COBIT and PCI and configure one-time or recurring schedules for gaining responses from vendors. Businesses can use the rules engine and an in-built content repository to automate workflows for document assignment, approval, response evaluation and more. Administrators can organize and analyze vendors in multiple dimensions across engagement, product, and service levels and segment them into risk tiers for improved control and visibility. Other features of Vendor360 a...

Vendor360 Pricing

Pricing available upon request. Whether you're a startup, mid-size company or enterprise, pricing is built to scale and grow with you.

Free trial:

Not Available

Free version:

Not Available

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Vendor360 Reviews

Overall Rating

4.6

Ratings Breakdown

(4)

(3)

(0)

Secondary Ratings

Ease-of-use

4.5

Customer Support

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for Vendor360

1 - 7 of 7 Reviews

Write a Review

Mallory

Financial Services, 501-1,000 employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

EASE OF USE

VALUE FOR MONEY

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed January 2023

Wonderful product!

Overall, I am absolutely satisfied! The auto-score feature has been the most helpful so far. It streamlines our reviews and the process of reviewing the DDQs allows us to ask the vendor for clarification on specific questions. Our Vendors also have been able to navigate the use with ease which also helps tremendously.

PROS

This is very user-friendly. Easy to train others to use, and the ability to customize different areas plus assigning specific sections or questions of DDQ reviews either internally or externally is awesome!

CONS

So far I haven't come across anything I would categorize as a dislike. the price was a bit more expensive than others, however, the number of features and capabilities are worth it.

Reason for choosing Vendor360

The features matched exactly our needs.

Reasons for switching to Vendor360

With our growth, the current company we were using was not working well. Their interface was also not as easy to use as the aesthetics were very plain and difficult to navigate.

Shreya

Import and Export, 201-500 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

EASE OF USE

VALUE FOR MONEY

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed November 2022

CENTRL makes compliance easy

Supplier compliance and Vendor Management is made easy.

PROS

It was easy to use within the organisation and it was easy for our vendors and suppliers to use as well when they were engaged.

CONS

There is nothing that we like 'least'. It really is a ''solve all problem'' solution!

Elliot

Automotive, 10,000+ employees

Used daily for less than 12 months

Review Source: Capterra

OVERALL RATING:

EASE OF USE

VALUE FOR MONEY

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed November 2022

Centrl Review

PROS

No-Code Tool, ease of use for setting up multiple assessmentsAutomatic Scoring of Assessment

CONS

Automatic Mapping to the Contractor DashboardAnalytics need work, they are currently very basic and can be difficult to use

Pr

Insurance, 10,000+ employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

EASE OF USE

VALUE FOR MONEY

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed November 2022

Robust, new-age platform for measuring and monitoring risk

Very positive

PROS

Rich functionality, ease of use, short deployment timelines, prompt customer support, frequent product releases and user centricity

CONS

Limited linkage between risks, controls and supporting documentation

Charnea

Financial Services, 201-500 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

EASE OF USE

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed January 2023

The tool we use most, CENTRL

PROS

Easy to navigateCustomer supportSpace availability for notesEase of communication within the program with other team members.

CONS

Lag times can sometimes get long. Very minor glitches that I run into from time to time.

Hanne

Information Technology and Services, 1,001-5,000 employees

Used weekly for more than 2 years

Review Source: Capterra

OVERALL RATING:

EASE OF USE

VALUE FOR MONEY

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed November 2022

Using the Centrl Platform

Great product, good support.

PROS

Ease of deployment. Ability to set up autoscoring, based on risk appetite. Easy and quick to upload questionnaires or modify existing questionnaires in the platform. Recent enhancement to auto-triggering of follow-up assessment, based on inherent risk rating.

CONS

Reporting capability although this has been enhanced lately.

Daniel

Aviation & Aerospace, 501-1,000 employees

Review Source: Capterra

OVERALL RATING:

EASE OF USE

VALUE FOR MONEY

CUSTOMER SUPPORT

FUNCTIONALITY

Reviewed October 2022

An Amazing System

PROS

Easy to use and set up. Great for storing and managing master data.

CONS

Some areas within the system could be automated further.

Reasons for switching to Vendor360

Loss of Data on Sharepoint

7 Reviews