Overview
Product Information on Vendor Risk Management App (Legacy)
What is Vendor Risk Management App (Legacy)?
Vendor Risk Management App (Legacy) Pricing
Overall experience with Vendor Risk Management App (Legacy)
“Vendor Risk Management in a box and on-demand!”
“Installation is okay but maintenance requires heavy ongoing efforts”
About Company
Company Description
MetricStream offers Integrated Risk Management and GRC (Governance, Risk Management and Compliance) solutions to help businesses make better risk-aware choices. Its services connect governance, risk management and compliance throughout an organization. With three product lines – BusinessGRC, CyberGRC, and ESGRC – MetricStream aims to assist companies at every stage of their GRC journey. The company's headquarters are located in San Jose, California, and an operational and research center in Bangalore, India, with global operational support.
Company Details
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Reviewer Insights for: Vendor Risk Management App (Legacy)
Performance of Vendor Risk Management App (Legacy) Across Market Features
Vendor Risk Management App (Legacy) Likes & Dislikes
Product - flexibility to meet our healthcare requirements while aligning with our internal workflows. Service - Timely response to our needs with an eye on efficiency and sustainable use (no rework)
Recognized product in the industry
1.Ability to meet specific regulatory and user requirements. 2.Reporting capabilities: It's swift and easy to do custom and standard reports. Standard reports are excellent and meeting most of the risk management requirements. 3.Powerful data-sharing and automation: Equip Management with the data and insights needed to make informed, risk-based decisions that align with organizational objectives
Metricstream is a powerful product but lacks name recognition. Needs to do more in letting the C-Suite and practitioners know about their product suite.
Requires heavy maintenance.Installation, release management includes 90% manual effort
I do have excellent experience and using the product globally successfully. No comments
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Peer Discussions
Vendor Risk Management App (Legacy) Reviews and Ratings
- Director<50M USDHealthcare and BiotechReview Source
Vendor Risk Management in a box and on-demand!
Team - Experts in this field provided guidance to fast-track our deployment, and help alleviate roadblocks. Product - Flexible to meet our agile deployment and dynamic environment Cost - With the integrated approach, we were able to deliver value to the organization quickly at an overall lower cost of ownership. - Director of Quality, Reliability & Regul1B-10B USDTelecommunicationReview Source
Sharing data enables better visibility, interconnected understanding of risks and control
We are using MetricStream GRC for vendor risk management for more than a year. It enabled us to implement a consistent, repeatable vendor risk management process that reduces manual effort. It's not only faster and easier to do standard and ad-hoc reporting. It provides a good interface and navigation. The workflow process is excellent, easy to customize, and effective. - Business Analyst50M-1B USDIT ServicesReview Source
Good GRC Tool with decent vendor risk assessment capabilities.
We have been using MetricStream GRC for vendor risk management for more than one year. It provides a good user interface and reporting capabilities. The product is slightly rigid in terms of admin configurations. The workflow process is crisp and effective. - Principle Development Engineer50M-1B USDIT ServicesReview Source
Flexibility to support all types of Risks
The overall experience is satisfactory. The MetricStream Enterprise Risk Management App enables companies to manage a range of enterprise risks in a structured and systematic manner. - Director50M-1B USDServices (non-Government)Review Source
Streamlined implementation enabling business collaboration
We have a great relationship with our vendor who provides us industry recommendations for each of our implementations. This expertise was critical as it enabled us to stay out of the box as much as possible. Additionally, they were able to provide the business area with some best practices to help round out their processes.