VendorPM

VendorPM is a vendor management, compliance, and procurement software designed specifically for property managers. It is tailored to meet the needs of property management firms and property managers of various sizes. According to the vendor, this software is utilized by property managers, property management firms, and vendors across the industry to streamline vendor management processes, ensure compliance, and enhance operational efficiency.

Key Features

Vendor Management & Compliance Software: According to the vendor, this feature helps reduce risks and maintain visibility by onboarding, approving, and managing vendors. Users can customize approval criteria in insurance, safety requirements, and more. The software also provides real-time status updates and reports on vendor data.

VendorPM Marketplace: Users can plan all building services, contracts, and projects on the platform. According to the vendor, the marketplace offers access to a wide range of vendors, with users receiving 3+ bids per service, on time, every time. Data, reports, and documentation on all processes are also provided.

Improved Visibility & Control: The software allows users to access all their data in one place, providing a comprehensive view of all buildings, vendors, and services under one login. According to the vendor, users can easily filter and access data, making it more convenient and efficient.

Enhanced Operational Efficiency: According to the vendor, this feature helps users modernize manual vendor sourcing and procurement processes, leading to increased efficiency. Users can monitor key metrics on service fulfillment, vendor compliance, and vendor performance. The software also aims to reduce cost and risk by helping users find and work with vendors that meet compliance standards and offer better service at a better price.

Property Management Marketplace: Users can bid on thousands of private and open requests, gaining exposure to new property managers, buildings, and leads on a daily basis. According to the vendor, this feature allows users to stand out from the competition with a professional, customized business profile. Additionally, the software offers a one-stop shop for compliance verification (COI, W9, Worker's Comp) to meet client standards.