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Vendavo

Vendavo

Overview

What is Vendavo?

Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution, with the goal of helping global manufacturers and distributors drive predictable, profitable outcomes.

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Pricing

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What is Vendavo?

Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution, with the goal of helping global manufacturers and distributors drive predictable, profitable outcomes.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Pricefx headquartered in Pfaffenhofen offers dynamic pricing software solutions for ecommerce retailers.

What is PandaDoc?

PandaDoc headquartered in San Francisco offers their eponymous electronic signature platform for sales teams, containing sales proposal automation and CPQ (configure, price, quote) features, and integration with CRMs.

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Product Demos

Vendavo Sales Optimizer – Product Demo

YouTube

Vendavo PricePoint - Product Demo

YouTube

Vendavo Intelligent CPQ – Product Demo

YouTube

Vendavo Rebate & Channel Manager – Product Demo

YouTube

Vendavo Margin Bridge Analyzer – Solution Demo

YouTube

Vendavo® Margin Bridge Analyzer Solution Demo

YouTube
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Product Details

What is Vendavo?

Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution, with the goal of helping global manufacturers and distributors drive predictable, profitable outcomes.

Products in the Vendavo suite include:

  • Deal Price Optimizer - an AI-powered price optimization solution that calculates optimized pricing guidance through the use the patented Vendavo Power and Risk algorithm. it helps users to more efficiently use historical transactional data to calculate optimized prices that maximize margin and minimize the risk of losing customers during any sales negotiations.
  • Vendavo CPQ Cloud - Advances B2B enterprises by helping them to coordinate, control, and streamline their quote-to-cash processes.
  • Margin Bridge Analyzer - A commercial intelligence solution that enables large B2B enterprises to accurately measure and monitor the business impact of complex variances in prices, volumes, product mix, and other dynamic market factors.
  • Rebate & Channel Manager - Ensures rebate and channel programs are growing the topline and automates the entire rebate and channel process from deal creation to accruals, and payment generation to end-to-end reporting.
  • Vendavo Sales Optimizer - A commercial intelligence solution that enables B2B sales organizations to grow revenue with existing customers by leveraging Sales Optimizer’s AI-based algorithms to identify high-probability cross-sell opportunities.
  • Vendavo Pricepoint - A cloud-based enterprise software solution that enables organizations to bring together all the relevant pricing-related information across their business in one secure place. Equipping them with external and internal information, it helps product and pricing teams to set and manage pricing strategies and policies in the form of user-configurable rules and calculations.

Vendavo Video

Welcome to Vendavo

Vendavo Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(12)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

The most common recommendations from user reviews for Vendavo are as follows:

  1. Spend enough time planning with the Vendavo design team and outline requirements in detail. It is crucial to thoroughly plan and communicate during the implementation process.

  2. Consider implementing a pricing software if not already using a CRM tool. Users suggest that integrating Vendavo with a CRM platform can enhance pricing strategies and decision-making.

  3. Manage expectations and be prepared for data-driven pricing with Vendavo. Users caution against blindly trusting promises of profitability increases and emphasize the need to understand and adapt to a more analytical approach to pricing.

These recommendations highlight the importance of collaboration, preparation, and understanding the capabilities of Vendavo for successful implementation and utilization of the software.

Attribute Ratings

Reviews

(1-5 of 5)
Companies can't remove reviews or game the system. Here's why
Armeka Sullivan | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We utilize Vendavo for service part pricing, as well as for marketing/sales analytics.
  • Allows for integration of actual transactional sales into system analytics.
  • Provides a quick turnaround for pricing decisions.
  • Improve import function in the Profit Analyzer for bulk parts. Handles large part imports slowly.
I believe Vendavo works very well in companies with multiple product lines/sales channels.
CPQ (11)
36.36363636363636%
3.6
Quote sharing/sending
N/A
N/A
Product configuration
70%
7.0
Configuration options
60%
6.0
Pricing rules
90%
9.0
Price adjustment
90%
9.0
Purchase history and open contracts
90%
9.0
Guided selling/Sales portal
N/A
N/A
CPQ reporting & analytics
N/A
N/A
CPQ-CRM integration
N/A
N/A
Attachments to quotes
N/A
N/A
Order capturing
N/A
N/A
  • Manage our competitiveness and identify pricing opportunities.
Level of customer support, as well as customer support in terms of moving the needle. The Vendavo user forums have been a great way to learn more as well as connect with other industry leaders.
Score 3 out of 10
Vetted Review
Verified User
Incentivized
We used Vendavo PA for our sales and marketing department. It is used to analyze the effectiveness of sales, our freight expenses, margins, etc.
  • Graphical interfaces.
  • It provides the ability to drag and drop analyzing items (dimensions, measures).
  • Getting an integration with ERP is not easy.
  • It's not very flexible in adding dimensions.
Vendavo is expensive, and other competitors are gaining on the analytics offerings.
CPQ
N/A
N/A
  • Better effectiveness of rebates.
  • Better effectiveness of freight.
Salesforce Analytics is better for our current needs. We discontinued using Vendavo.
Support was not very responsive, and required added costs.
Salesforce Community Cloud, SAP BPC (Business Planning and Consolidation), SAP Business Warehouse
December 14, 2016

Vendavo Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
I have around 12 years of experience in implementing Vendavo for various customers in US, Europe, Asia, and Japan. If implemented correctly Vendavo is a great product to improve the [profit] margin. The Analytics module of Vendavo is a great module where it helps customers to realize leakages in the [profit] margin. It helps to identify the areas where they need to pay attention to make corrective measures. The analytics also powers the other modules of Vendavo to make the right decision on pricing.
We can provide the user with the right information on the pricing opportunities to improve setting the price or the price negotiation. Vendavo handles complex pricing scenarios with ease. Vendavo is very flexible and can be implemented to various businesses and various functionalities without more compromise to the customer's business model. In a global scenario, the pricing in different regions for products can be challenging. Vendavo will be handy if it is implemented correctly. The new optimization module takes Vendavo to the next level where once you identify the areas of improvements and act on it, you can still optimize it.
  • Vendavo has a great Analytics module. Integrity of the data is a challenging thing but if it is set correct it can identify the leakages in the margin and also clearly identify the pricing opportunities.
  • The Deal Manager module is great at negotiation. It can handle complex deal pricing. Another big strength is that it can be customized to different business and segments. Without compromising too much on your business process Vendavo deal manager can be implemented to different business units of a large organization.
  • Vendavo's new optimization module is an interesting new introduction. It combines the power of analytics price setting and helps in deal management to a great extent.
  • Vendavo has a very good workflow configuration process. It can control price variation and margin reduction with appropriate workflow process.
  • Performance can be an area of improvement when it comes to large implementations. The Deal Manager module tends to get slow when the line item size is large and if we have nested line items it gets slower. In most cases, the issues with the performance are mainly related to poor implementation practices and poor infrastructure but still there is scope for improvement in performance.
  • The reporting framework of Vendavo needs to be improved. I have seen customers requesting various reports that they need to generate from Vendavo. The users of Vendavo make some critical pricing decisions. These decisions need to be explained and backed by some reports that can be generated out of it.
  • I have heard from customers that the UI needs to be improved. It could also be a training issue but if we can simplify the UI to some extent it will benefit customers.
Vendavo is well suited for large organizations with complex pricing scenarios. Vendavo is very flexible to implement to different businesses. Global processes can be done in Vendavo with a single instance on most occasions with diverse business processes without compromising much of the current business processes.
April 01, 2016

Vendavoooh Yeah!!!!

Daniel Garbaccio | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We used Vendavo to evaluate the margin of deals based on a wide variety of criteria. Working in a sales organization, it was imperative to understand the market, both in general and within the specific vertical that you are selling to. Vendavo allowed us to quickly and easily compare how a deal stacked up against other similar deals based on vertical, geographic location, etc.
  • The charts and graphs that you can pull from Vendavo are easy to read, and easy to work with.
  • Reporting - You can save individual reports and run them consistently. They are also easy to tweak for a more specific application.
  • Export capabilities were great, it was easy to grab data from Vendavo.
  • Not a fault of Vendavo, but management needs to clearly align how they want to have things set up, or there will be headaches during set up.
  • Data inconsistencies from the end user company were common, again not the fault of the Vendavo software but also didn't solve the issue.
  • No Oracle version.
I work in pricing for a business to business sales company. Vendavo was great for this application because it allowed us to easily run reports based on a wide variety of different specifications. The ease of use, coupled with the graphs, charts and export functionality of Vendavo was overall a great asset to the company.
  • Helped drive better business decisions.
  • Increase in overall margin.
  • Better understanding of specific markets.
  • None
I have not used any other products similar to Vendavo.
Leif Wallin | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Vendavo is used as a pricing tool to determine average price paid by customers, and to determine average price at which we sell our products to all customers.
  • Determines average discount over time
  • Determine price paid by a customer
  • Determining names of customers... i.e. Does Conoco own Conoco Phillips....
Vendavo is better suited for product specific details as opposed to customer detail.
  • positive. determining which customer pay more , and which pay less
I preferred Vendavo, but my price manager migrated to Tableau. I think because of the licencing costs of vendavo?
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