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A comprehensive solution for streamlining processes that provides centralized vendor risk management.
July 19, 2022

A comprehensive solution for streamlining processes that provides centralized vendor risk management.

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with LogicManager

LogicManager helps me in streamlining processes with a range of automated tools for better risk identification, monitoring, and reporting. It assists us in managing vendor lifecycle using the vendor onboarding and offboarding as well as streamlining the process with automated reminders that ensure vendors owners timely review and approve information for accuracy.
  • Cost-free unlimited advisory services
  • Solution library and integration hub
  • Zero code implementation
  • Reducing of projects overhead costs
  • Delay in its deliverables to its clients
  • More focus should be on customers that are looking for the solution to a discrete task
  • Automated workflows
  • Out-of-the-box scoring criteria
  • In-depth due diligence resources
  • Easy to facilitate auto-extraction of key contract terms like renewal dates, notification requirements
  • The capability to provide liability limits and dispute resolution terms so it can automatically send reminders
  • Its consulting services for governance, risk, and compliance, which assists us in making the workflow streamline

Do you think LogicManager delivers good value for the price?

Yes

Are you happy with LogicManager's feature set?

Yes

Did LogicManager live up to sales and marketing promises?

Yes

Did implementation of LogicManager go as expected?

Yes

Would you buy LogicManager again?

Yes

It is more suitable to supply organizations with focused and improved risk management processes. I like how its vendor and third party risk management solution is a centralized solution that provides risk taxonomy infrastructure. This bridges the gap in the risk program, allocates resources effectively, keeps all the risk information in one place, and standardizes the risk management process.