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What is Venpo?

Venpo monitors the terms of service, privacy policies, data processing agreements, and additional legal documents of SaaS providers. When any of these monitored documents undergo changes, Venpo provides a redline, which includes a straightforward summary in everyday language and an impact score rated as either Good or Risky. The platform also keeps a log of revisions to track document changes over time. This tool proves indispensable for teams involved in legal, compliance, privacy, procurement, security, and vendor risk management, allowing them to identify updates that may affect data usage, liability, cancellation rights, or other vendor terms. Users have the option to receive email notifications, along with alerts via Slack and Microsoft Teams, which are accessible through Plus and Pro subscription plans. The length of the revision history retention is contingent on the chosen plan, and team member access is restricted based on the selected subscription tier. Venpo acts as a critical online asset for organizations reliant on SaaS and external vendors, helping them remain aware of significant updates that could influence their operations, thereby fostering informed decision-making. By utilizing Venpo, companies can more effectively manage their vendor relationships and ensure compliance with evolving legal standards.

What is Vendorly?

Vendorly is a vendor management solution that assists in complying with the OCC and CFPB's regulations regarding third-party risk management, allowing collaboration between your team and their services for vendor oversight. EASE OF MANAGEMENT - Streamline and unify all your vendors within a single, user-friendly SaaS repository, complete with top-tier operational assistance. RISK MITIGATION - The platform features a smoothly integrated fraud prevention tool designed to minimize third-party wire fraud risks specifically in the lending and banking sectors. NETWORK ADVANTAGE - With a vast network of over 60,000 registered vendors, Vendorly enhances efficiency by leveraging practical, real-world insights. This extensive network not only facilitates better vendor relationships but also contributes to more informed decision-making processes.

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Integrations Supported

Microsoft Teams
Slack

Integrations Supported

API Availability

API Availability

Pricing Information

$29/month
A free plan is available, does not expire and has usage limits. Starter is $29/month billed annually for up to 10 vendors, 1 member and 1-month history. Plus is $99/month billed annually for up to 100 vendors, up to 3 members and 3-month history; it includes Slack and Microsoft Teams notifications. Pro is $129/month billed annually for unlimited vendors, up to 5 members and 12-month history. Monthly billing is also available. Enterprise plans are tailored.
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support

Training Options

Not specified

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Venpo

Date Founded

2023

Company Location

Bulgaria

Company Website

venpo.com

Company Facts

Organization Name

Altisource

Date Founded

1999

Company Location

Luxembourg

Company Website

www.altisource.com/Originations/Vendor-Management-Vendorly

Categories and Features

Categories and Features

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating

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