Skip to main content
TrustRadius
Vendr

Vendr

Overview

What is Vendr?

The Vendr Intelligence Platform is a solution designed to assist finance and procurement teams in optimizing their SaaS purchasing process. According to the vendor, the platform offers seamless intake-to-procure workflows, providing a streamlined process for software purchases from intake request to...

Read more

Learn from top reviewers

Vendr helps you be a better spender!

Rating: 8 out of 10
December 17, 2022
IncentivizedVetted ReviewVerified User
We utilize Vendr for software contract and negotiation and to a lesser extent, to give us insights on market rates for particular software spend we're looking to pursue. Given...
Continue reading
Edward Savoy
Manager - Other
Business Operations Manager
Shogun
Vendr2 years of experience
Log in with LinkedIn to see content from your network
Return to navigation

Pricing

View all pricing

Entry-level set up fee?

  • Setup fee optional
For the latest information on pricing, visithttps://www.vendr.com/pricing

Offerings

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

Starting price (does not include set up fee)

  • $36,000 per year
Return to navigation

Product Demos

B2B SaaS Demo Booking Funnel - Vendr

YouTube
Return to navigation

Product Details

What is Vendr?

The Vendr Intelligence Platform is a solution designed to assist finance and procurement teams in optimizing their SaaS purchasing process. According to the vendor, the platform offers seamless intake-to-procure workflows, providing a streamlined process for software purchases from intake request to the procurement stage.

Users can gain access to comprehensive SaaS data and insights on thousands of products, including pricing benchmarks, supplier profiles, recent news, alternative solutions, SKU insights, negotiation insights, and community insights. The platform also offers on-demand negotiation experts who can provide real-time strategic advice and guidance on SaaS purchases and renewals.

According to the vendor, VIP Pro delivers actionable data, insights, and benchmarks to inform procurement decisions. The platform also includes contract analysis capabilities, allowing users to manage agreements and automate contract data extraction in one centralized platform.

Additionally, the platform facilitates the entire procurement process, from intake requests and approvals to renewal management and supplier relationship management. Users can customize approval workflows for purchase approval automation and view upcoming renewal dates and timelines in a dynamic renewal calendar. The platform also enables users to organize and manage supplier relationships, documentation, and communications in one system. Integration capabilities allow for seamless connectivity with critical tools such as accounting and finance systems, HRIS, identity providers, and SSO.

Vendr Screenshots

Screenshot of Vendr

Vendr Video

Product Presentation- Podcast Interview w/ CEO

Vendr Competitors

Vendr Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

Vendr, headquartered in Boston, presents users of its services with expert buyers who work as an extension of finance teams to identify material cost savings for all of a company’s net-new software purchases and renewals.

Vendr starts at $36000.

Blissfully and Zylo are common alternatives for Vendr.

The most common users of Vendr are from Mid-sized Companies (51-1,000 employees).
Return to navigation

Comparisons

View all alternatives
Return to navigation

Reviews and Ratings

(1)

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!

Vendr has been a valuable tool for customers in negotiating software contracts, ensuring deals are executed on time, and reducing high list prices. Customers have experienced significant savings in both time and energy when using Vendr for their software contracts, allowing them to focus on strategic initiatives. The platform also enables knowledge sharing and promotes ongoing education, making it a beneficial solution for organizations.

Blissfully has provided relief for businesses by capturing and understanding all the SaaS applications used within the company, tracking renewals, and assisting with vendor management and compliance. Compliance teams appreciate the data provided by Blissfully on each app, as well as the ability to track device history and audit trails. The software streamlines the onboarding and offboarding process for employees, ensuring all required tasks are completed and recorded. Users also find value in Blissfully's visibility into SaaS expenses and the ability to create hierarchical teams. The intuitive user interface of Blissfully makes navigating the platform effortless and pleasant, further enhancing its usability.

Both Vendr and Blissfully offer important solutions to common challenges faced by organizations. Vendr helps with timely renewal, price negotiations, and document management for product licenses. It takes the weight off business units by handling contract negotiations, freeing them up to concentrate on other important tasks. Meanwhile, Blissfully assists in automation of user and vendor onboarding/offboarding workflows while providing insight into SaaS applications used by clients and their associated financial spend. It streamlines SaaS purchasing and renewals, eliminates the risk of leaving access to applications for terminated employees, helps identify duplicate apps, and ensures compliance with various standards.

Overall, both Vendr and Blissfully provide valuable solutions that save users time and money while streamlining processes related to software contracts, procurement, vendor management, onboarding/offboarding, expense tracking, compliance, and more.

Users highly recommend Vendr for companies of all sizes, ranging from large organizations to smaller startups. They appreciate the professional and non-pressure evaluation process provided by Vendr. Users also suggest taking advantage of Vendr's ability to handle the time-consuming part of contract negotiations, as well as its guarantee of ROI in the contract. These recommendations highlight the suitability of Vendr for businesses of any scale, its efficient evaluation process, and its assistance in streamlining contract negotiations.

Reviews

(1-1 of 1)
Companies can't remove reviews or game the system. Here's why

Vendr helps you be a better spender!

Rating: 8 out of 10
Incentivized
December 17, 2022
ES
Edward Savoy
Business Operations Manager
Shogun (Computer Software, 51-200 employees)
Vetted Review
Verified User
Vendr
2 years of experience
View profile
Use Cases and Deployment Scope
We utilize Vendr for software contract and negotiation and to a lesser extent, to give us insights on market rates for particular software spend we're looking to pursue. Given the time needed for Vendr to negotiate, we typically use them for renewal contracts or new software that internal stakeholders are otherwise unfamiliar with.
Pros and Cons
  • They are very good at managing the contracting process.
  • They are vigorous defenders of our company interests
  • They work well with keeping internal stakeholders advised of negotiations and action items.
Likelihood to Recommend
My experience with Vendr has overall been quite good; they are invested in making sure their companies get the best possible discount and I appreciate both the money and time save they provide for me. Be aware that, while they will support any software spend over $5K, there are certain products (like Notion and Slack) that, unless you are a much bigger company, they will not be able to secure you savings on. There are also the occasional company that will not work with Vendr, though this is the exception, not the rule.
Return on Investment
  • They have generally been a time saver from a Procurement point of view
  • I have learned a great deal about negotiating tactics and leverage from them.
  • They save us contract money!
Alternatives Considered
Vendr is very closely aligned feature wise with Tropic. The main separation between the two is that Tropic provides more workflow tools and pricing insights while Vendr has come in at a lower price point as compared to Vendr.
Other Software Used
Return to navigation