Product(s): LexisNexis Risk Solutions
Overall Comment:"Great tool with a lot of functionality, however, we were not properly instructed to ensure that all of that functionality was turned on/how to make the most of the tool and its features."
Gives a nice summary of the third-party entity we are reviewing; the print to PDF export is very nicely displayed/ easy to read.
Tool does not retain your search history, which eliminates the ability to perform ongoing monitoring through this specific tool - only initial searches. Would be wonderful if this could store a history of your searches that can be run periodically and/or be notified when there is a significant or material change in the results.
Provides an OnDemand report of a company that allows a company to make an informed decision on the potential partnership based on the output of results.
Ensure the vendor clearly understands are needs and how we would like to use the tool, that way any limitations can be discussed PRIOR to the implementation.
clearly understand the limitations of the tool prior to implementation