Exactly, however I find herdProtect much more usable than VirusTotal, as the former allows you to scan your computer more efficiently than you ever could with VirusTotal uploader.
VirusTotal is more appropriate when it comes to single files or a small group of files, unlike herdProtect which allows you to perform full system scans.
Even when batching VirusTotal scans, it is far from practical, compared to scanning with herdProtect.