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Powerful Risk Management Platform - Ventiv IRM.
September 09, 2022

Powerful Risk Management Platform - Ventiv IRM.

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

Overall Satisfaction with Ventiv IRM

Ventiv IRM is our primary risk management information system we use for claims management, reporting, accident record keeping, accident investigations, and legal matter management.
  • Reporting
  • Document Storage.
  • Dashboarding
  • Record Management.
  • Mobile Functionality.
  • Easier use of dashboards.
  • Responsiveness of issues and project management.
  • Ventiv IRM allows us to gain greater insight into claim trends, accident frequency, and loss severity.
  • The platform has allowed us to expand into new use cases, such as accident investigations and legal matter reporting and documenting.
  • We are able to use the reporting function to notify our business functions on a daily, weekly, and monthly basis. These reports help them understand current trends and allow them to adjust operations to reduce future losses.
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.

Do you think Ventiv IRM delivers good value for the price?

Yes

Are you happy with Ventiv IRM's feature set?

Yes

Did Ventiv IRM live up to sales and marketing promises?

Yes

Did implementation of Ventiv IRM go as expected?

Yes

Would you buy Ventiv IRM again?

Yes

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.

Using Ventiv IRM

500 - Supervisors of our employees, managers, Directors, VPs, all use Ventiv IRM.
2 - Most of those that support this product do not have a background in IT.
  • Claim Reporting.
  • Accident Investigation.
  • Legal Matter Management.
  • Incident Reporting.
  • Training Record Management.
  • Future legal or regulatory requirements.