Vendorful

A software that streamlines strategic sourcing.

About Vendorful

Vendorful provides deep visibility into vendor performance, engagement, and costs, inside an easy-to-use suite of tools to optimize your supply base. The solution provides procurement and finance teams with real-time insights into how effective they are spending their money with suppliers.

Video Overview

Vendorful Benefits

  • Identify opportunities to boost value with real-time insights into supplier spend and performance that pinpoints areas to uncover increased savings.
  • Run competitive bidding events to realize those opportunities by putting suppliers into competition via sourcing events.
  • Use data management to streamline data approvals.

Vendorful Features

  • Vendor Management: Onboard, and manage your vendors/suppliers and all their key information.
  • Performance Scorecards: Automate scorecarding to track supplier performance on the metrics that matter to you.
  • Contracts Administration: Store your contracts, associate them with custom metadata and set up reminders.
  • eRFX: Leverage e-Sourcing to run RFP, RFI, RFQ, and other sourcing events.
  • Reverse Auctions: Drive savings while delivering transparency to your suppliers through reverse auctions.
  • Sourcing Pipeline: Identify savings opportunities, track your progress, and measure your effectiveness

Product Overview

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