Bug bounty programs can be challenging to manage, with tasks such as responding to hundreds of vulnerability submissions weekly and paying researchers. However, managed bug bounty solutions with a third-party provider like Bugcrowd can take much of the legwork out of running a program, offering powerful platforms and dedicated support. These platforms provide features such as customizable bounty briefs, triage engines, centralized communication, seamless payments, and insightful reporting to help security teams manage their programs effectively. Additionally, Bugcrowd's team of application security experts and vulnerability disclosure space leaders offer pre-launch consulting, promotion services, bug validation and triage, and ongoing maintenance to ensure program success.