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Gatekeeper VS 3rdRisk

Compare Gatekeeper VS 3rdRisk and see what are their differences

CobbleStone Software
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Contents:
  1. » Base Details
  2. » Videos
  3. » Reviews
  4. » Alternatives

Gatekeeper logo Gatekeeper

Gatekeeper is a cloud based supplier and contract management solution.

3rdRisk logo 3rdRisk

The first truly collaborative platform for third-party risk management
  • Gatekeeper Landing page
    Landing page //
    2023-09-16
  • 3rdRisk Landing page
    Landing page //
    2022-08-28

Gatekeeper features and specs

  • Vendor Management
    Gatekeeper offers comprehensive vendor management features, enabling businesses to manage vendor relationships, monitor performance, and streamline communication.
  • Contract Lifecycle Management
    The platform provides advanced tools for managing the entire contract lifecycle, from creation and negotiation to approval and renewal, helping to ensure compliance and reduce risk.
  • Automation and Workflow
    Gatekeeper allows for significant automation of routine tasks and workflow management, which can enhance operational efficiency and reduce manual errors.
  • User-Friendly Interface
    The software is designed with a user-friendly interface, making it easier for teams to adopt and use effectively without extensive training.
  • Custom Reporting
    Gatekeeper provides powerful custom reporting capabilities, allowing users to generate insights and track key metrics tailored to their specific needs.
  • Integrations
    The platform offers a variety of integrations with other business systems such as ERP, CRM, and accounting software, which can streamline processes and data flow.
  • Security and Compliance
    Gatekeeper is built with a strong emphasis on security and compliance, offering features like secure data storage, audit trails, and role-based access control.

Possible disadvantages of Gatekeeper

  • Cost
    The pricing for Gatekeeper can be on the high side, particularly for small to mid-sized businesses or those with limited budgets.
  • Complexity of Setup
    Initial setup and configuration can be complex and time-consuming, requiring a significant investment of time and resources.
  • Learning Curve
    Despite its user-friendly interface, some users may find a steep learning curve when it comes to utilizing all of its advanced features effectively.
  • Customization Limitations
    While powerful, the customization options may have limitations, potentially requiring additional development for very specific use cases.
  • Dependence on Internet Connectivity
    As a cloud-based solution, Gatekeeper requires a stable internet connection, which can be a limitation in environments with unreliable connectivity.

3rdRisk features and specs

  • Comprehensive Risk Management
    3rdRisk offers a wide range of tools and features to cover various aspects of risk management, making the process efficient and holistic for businesses.
  • User-Friendly Interface
    The platform has an intuitive design that is easy for users to navigate, which helps in quickly adapting to the system and improving workflow processes.
  • Customizable Solutions
    3rdRisk allows customization of its tools to better fit the specific needs of different businesses, providing a more tailored approach to risk management.
  • Real-Time Reporting
    The system provides real-time data and analytics, enabling quicker decision making and more accurate assessment of risks.
  • Integration Capabilities
    It integrates well with other software and systems, ensuring that data flows seamlessly across various platforms used by a company.

Possible disadvantages of 3rdRisk

  • High Cost
    The platform may be considered expensive, especially for small businesses or startups with limited budgets.
  • Complexity for Small Businesses
    Some smaller organizations might find the extensive features overwhelming and may not fully utilize all aspects of the platform.
  • Learning Curve
    Despite its user-friendly interface, new users may still face a significant learning curve to fully understand and use all the features efficiently.
  • Dependence on Internet Connectivity
    As an online platform, 3rdRisk requires a stable internet connection, which can be a disadvantage in areas with unreliable internet access.
  • Potential for Over-Customization
    The ability to highly customize the system can lead to overly complex setups that might complicate rather than streamline risk management processes.

Analysis of Gatekeeper

Overall verdict

  • Gatekeeper is generally considered a good choice for organizations looking to enhance their contract and vendor management processes. It is praised for its comprehensive feature set and ease of use, making it a valuable tool for businesses aiming to automate and improve their procurement and contract workflows.

Why this product is good

  • Gatekeeper is a contract and vendor management software designed to streamline and automate the procurement, negotiation, and management processes for organizations. It offers features such as contract lifecycle management, vendor performance tracking, compliance monitoring, and integration capabilities with other business systems. Users appreciate its user-friendly interface, robust functionality, and ability to centralize all contract-related information in one place, improving efficiency and reducing risks associated with contract management.

Recommended for

    Gatekeeper is recommended for businesses of various sizes, particularly those that manage a significant number of contracts and vendor relationships. It is ideal for procurement teams, legal departments, and any organization looking to streamline their contract management, improve compliance, and gain better visibility into their vendor performance.

Gatekeeper videos

+ Add

Gatekeeper Review Cedar Point B&M Wing Coaster HD 60fps

More videos:

  • Review - Westside Discs Gatekeeper Disc Golf Disc Review - Disc Golf Nerd
  • Review - Gatekeeper Review (Cedar Point) B&M Wing Coaster

3rdRisk videos

+ Add

3rdRisk SaaS platform

Category Popularity

0-100% (relative to Gatekeeper and 3rdRisk)

Gatekeeper

3rdRisk

Governance, Risk And Compliance
59 59%
Governance, Risk And Compliance
41% 41
Security & Privacy
59 59%
Security & Privacy
41% 41
Contract Management
100 100%
Contract Management
0% 0
Privacy
0 0%
Privacy
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Gatekeeper and 3rdRisk

Gatekeeper Reviews

Top 17 Best Contract Management Software for Small Business
Gatekeeper is a next-generation supplier and contract management solution for companies of all sizes. Benefit from easy collaboration and a centralized record of all your contracts.
Source: cllax.com

3rdRisk Reviews

We have no reviews of 3rdRisk yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Gatekeeper seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Gatekeeper mentions (1)

  • Are there any fully remote SDR positions available?
    Hi there! I'm based in Canada and recently interviewed for a SDR role with a Saas company named Gatekeeper (gatekeeperhq.com). Base 50k 0TE 65k. This company is 100% remote with the same contractor model. Great perks and company values, but unfortunately I didn't get the role. They definitely value employee well being and work life balance though and are not concerned with growth at all costs as they are privately... Source: over 3 years ago

3rdRisk mentions (0)

We have not tracked any mentions of 3rdRisk yet. Tracking of 3rdRisk recommendations started around Mar 2021.

What are some alternatives?

When comparing Gatekeeper and 3rdRisk, you can also consider the following products

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

LogicGate - The LogicGate platform empowers businesses to build agile enterprise process applications that deliver workflow automation and process efficiency

Conga Contracts - Conga Contracts is management solution designed to accelerate and simplify contract negotiations in Salesforce.

CyberGRX - The CyberGRX Exchange and dynamic assessment data and analytics help Enterprises and Third Parties cost-effectively identify, prioritize and mitigate risk.

Prevalent ThirdParty Risk Management - Prevalent ThirdParty Risk Management is an online service that offers cyber-attack security risk management for your company.

Foresite - Foresite is a company that provides services related to cybersecurity and privacy management for your organization.

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