Vendorapp Reviews

Vendorapp Description

Vendorapp stands out as a robust, fully automated platform for managing vendor and supplier risks, seamlessly integrating various functions such as vendor discovery, ongoing risk evaluation, contract lifecycle management, compliance onboarding, and strategic reporting into a cohesive and user-friendly interface. Its one-click vendor assessments enable Vendorapp Intelligence to perform real-time screenings for various criteria, including sanctions, blacklists, ESG standards, security posture, exposure risks, and contract accessibility, all underpinned by extensive global screening lists and a repository boasting 22 million vendor assets. Users can quickly conduct searches using either a name or URL, effortlessly include their preferred vendors, and receive proactive alerts regarding important timelines like expirations, cancellations, or breaches via a dynamic contract calendar. This automated assessment process effectively merges risk management with operational efficiency, while the intelligent management of contracts helps extract vital information such as key terms, contract type, value, and deadlines for renewals or cancellations from uploaded documents. Additionally, the platform's advanced features ensure that organizations remain compliant and informed, making it an essential tool for modern risk management.