Predict360 by 360factors vs. Ventiv IRM

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Predict360 by 360factors
Score 8.0 out of 10
N/A
Predict360, the flagship software solution by 360factors, is a Risk and Compliance Intelligence Platform augmented with Artificial Intelligence technology to predict and mitigate operational risks while streamlining regulatory compliance. Predict360 integrates regulations and obligations, compliance management, risks and controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform based on artificial intelligence to provide predictive…N/A
Ventiv IRM
Score 7.5 out of 10
N/A
Ventiv IRM is integrated risk management software designed to provide the insights needed to monitor and lower the user's Total Cost of Risk (TCoR). It features real-time analytics for decision support by integrating data from internal and external sources in one system while connecting risk mitigation activities across the business.N/A
Pricing
Predict360 by 360factorsVentiv IRM
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Predict360 by 360factorsVentiv IRM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
Predict360 by 360factorsVentiv IRM
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
Predict360 by 360factors
8.2
1 Ratings
9% above category average
Ventiv IRM
-
Ratings
Common repository of GRC items8.01 Ratings00 Ratings
Risk management8.01 Ratings00 Ratings
Integration with Corporate Performance Management (CPM) systems10.01 Ratings00 Ratings
GRC policy management8.01 Ratings00 Ratings
Incident management7.01 Ratings00 Ratings
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User Ratings
Predict360 by 360factorsVentiv IRM
Likelihood to Recommend
8.0
(1 ratings)
7.7
(5 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(2 ratings)
Usability
-
(0 ratings)
8.2
(1 ratings)
Support Rating
-
(0 ratings)
8.2
(1 ratings)
Implementation Rating
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
Predict360 by 360factorsVentiv IRM
Likelihood to Recommend
360factors Inc.
Predict 360 is a powerful tool for businesses that want to make better decisions using predictive analytics. It offers a range of features that can help businesses identify patterns and trends in data, uncover opportunities, and automate decision-making processes. However, businesses should consider their needs and budget when deciding if this platform is right for them.
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Ventiv Technology
Ventiv IRM works great for companies with a large number of sources of data, record management, and reporting needs. The system will be able to handle multiple users, processes, or other functions that a large company may need. Ventiv IRM would not be a good fit for companies that may not be large enough to justify the cost of a powerful platform like IRM.
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Pros
360factors Inc.
No answers on this topic
Ventiv Technology
  • Support Portal allows direct access to support tickets, their status, and having programmers/developers reach out directly to me to clarify my requests.
  • Taking a big project and putting it into smaller, measurable pieces that move the project from beginning to end.
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Cons
360factors Inc.
No answers on this topic
Ventiv Technology
  • Setting up a new Advance Query report - sometimes I run into glitches
  • When creating/implementing a match merge, the two claims that are set to merge, need to be typed EXACTLY the same (UPPERCASE & lowercase matching on both, if one is all caps and the other is lowercase, the match merge is not successful)
  • I do wish there was a way to self-match two claims instead of waiting for the match merge.
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Usability
360factors Inc.
No answers on this topic
Ventiv Technology
Very usable. The team is always suggesting "tweaks" that allow for easier flow, better understanding of the information needed. This even includes in moving categories/sections in a records around so that the flow of the record is better
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Support Rating
360factors Inc.
No answers on this topic
Ventiv Technology
Support will reach out to me and I LOVE that. Often I want to show them what I see and they have always been willing to jump on a Teams meeting so I can do that. This has also helped me understand how to explain things better (support speak). This has led to closing tickets, completing projects sooner.
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Implementation Rating
360factors Inc.
No answers on this topic
Ventiv Technology
The actual implantation was not good. The system is fully customizable so Ventiv was ready to give us what we wanted; however, we never had a system so we didn't fully understand what we wanted. Since then, we hit "reset" and we are steadily moving forward.
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Alternatives Considered
360factors Inc.
No answers on this topic
Ventiv Technology
While Ventiv IRM is a bit more expensive than another platform we have used and evaluated, we get a lot of value that helps us make informed risk management decisions. The system works for us, and not the other way around. We're able to use integrations from other sources (such as Navex for reporting and our TPA, and Gallagher-Bassett for financial claim information). The system is easy to use, update, and manage, which is helpful too.
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Return on Investment
360factors Inc.
No answers on this topic
Ventiv Technology
  • Effective Data Management and Governance.
  • Increased Productivity and Efficiency.
  • Improved Risk Grading and Analytics.
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ScreenShots

Ventiv IRM Screenshots

Screenshot of Executive Dashboard
Interactive dashboards allow you to consolidate cross module indicators with a variety of graphical visualizations, including heat and geographic maps, to show aggregations, trends, hot spots and forecasts.Screenshot of ERM Summary Dashboard
Focus in on key risk metrics and track how they have changed compared to prior reporting, look at your risk concentrations by business and risk category plus spot your key risk assessment movers.Screenshot of Claims & Policy Dashboard
Dashboards can be covering 2 linked modules like Claim and Policy here showing Loss Ratios along with Claims Incurred and Premium spend analysis.Screenshot of Map Search
Map Search allows you look for information geographically to spot locations and concentrations. Connect to our advanced analytics to see how your risk profile is impacted by geographic hazards and perils.Screenshot of Portal Landing Page Sample 1
Create portal landing pages for your users or customers; make specific to your industry.Screenshot of Portal Landing Page Sample 2
On the portal page include quick links to their common actions plus include lists of their current cases (claims in this example).