ProcessUnity Vendor Risk Management Logo
ProcessUnity Vendor Risk Management Logo
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

Bob P.

  • Role: Vendor Management
  • Industry: Insurance
  • Involvement: Vendor Management and Renewal
Validated Review
Verified Reviewer

Submitted Jun 2023

Very user friendly but a bit too pricey.

Likeliness to Recommend

9 /10

What differentiates ProcessUnity Vendor Risk Management from other similar products?

Easy interface for business users.

What is your favorite aspect of this product?

Flexibility and ease of use.

What do you dislike most about this product?

Cost is above what my leaders want to pay.

What recommendations would you give to someone considering this product?

Budget for product but will get return on investment.

Pros

  • Helps Innovate
  • Reliable
  • Performance Enhancing
  • Over Delivered

Cons

  • Commodity Features
  • Vendor's Interest First

Prajwal D.

  • Role: Finance
  • Industry: Banking
  • Involvement: Vendor Management and Renewal
Validated Review
Verified Reviewer

Submitted Jun 2023

user friendly, Easy to implement, Eas to Customize

Likeliness to Recommend

8 /10

What differentiates ProcessUnity Vendor Risk Management from other similar products?

User friendly, Easy to implement, Easy to Customize. Have good features and reporting space, can create dashboards and metrics. Can be used to automate the process and eliminate manual process. Efficient to coordinate with stakeholders (internal & external). Convenient as repository system and easy to integrate with other applications / software.

What is your favorite aspect of this product?

Efficient, Collaboration, Integration, Reporting, End to End cycle..

What do you dislike most about this product?

Lag in between, over lapping of update patches on existing expression.

What recommendations would you give to someone considering this product?

Take some time and run your proper test in UAT environment before you move to production. Customize based on your organization requirement.

Pros

  • Respectful
  • Helps Innovate
  • Continually Improving Product
  • Trustworthy

Cons

  • Under Delivered

Pierre-Richard R.

  • Role: Information Technology
  • Industry: Finance
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Jun 2023

Fantastic product!

Likeliness to Recommend

7 /10

What differentiates ProcessUnity Vendor Risk Management from other similar products?

We tried ServiceNow but it's too big for our organization. ProcessUnity is more tailored to our needs.

What is your favorite aspect of this product?

Definitely the user interface.

What do you dislike most about this product?

Nothing at all.

What recommendations would you give to someone considering this product?

To try it extensively.

Pros

  • Continually Improving Product
  • Trustworthy
  • Unique Features
  • Inspires Innovation