What is Vendorful?

Vendorful provides a diverse array of solutions designed for effective vendor management and electronic sourcing. This platform streamlines intricate procedures and minimizes unnecessary tasks, thereby enhancing operational efficiency. It also mitigates risks and produces substantial returns on investment. Key features encompass e-Sourcing and Reverse Auctions, Vendor Management, Vendor Scorecarding (Contract Administration), and Compliance Questionnaires. With its user-friendly interface and automated data collection, Vendorful eliminates the need for cumbersome Excel spreadsheets and shared drives. Additionally, as an API-first product, it easily integrates with various other systems, including ERPs and financial software. Available in both public and private cloud setups, Vendorful caters to small and medium-sized enterprises as well as larger corporations across sectors such as Financial Services, Non-Profit Organizations, and Higher Education. Its flexibility allows businesses to tailor the platform to their specific needs and enhance their vendor management processes even further.

Pricing

Price Starts At:
$1500/month
Price Overview:
Subscription offerings for SMEs and Enterprises. Pricing ties back to the number of modules employed and the amount of usage.

Integrations

Offers API?:
Yes, Vendorful provides an API
No integrations listed.

Screenshots and Video

Company Facts

Company Name:
Vendorful
Date Founded:
2016
Company Location:
United States
Company Website:
www.vendorful.com
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Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
On-Site Training
Support
Standard Support
24 Hour Support
Web-Based Support

Product Details

Target Company Sizes
501-1000
1001-5000
5001-10000
Target Organization Types
Mid Size Business
Enterprise
Nonprofit
Supported Languages
English

Vendorful Categories and Features

Vendor Management Software

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Supply Chain Management Software

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

Sourcing Software

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Procurement Software

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

More Vendorful Categories

Vendorful Customer Reviews

Write a Review
  • Reviewer Name: Ernesto L.
    Position: SR Buyer
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Review of the Best Vendor Management Software (Vendorful)

    Date: Sep 23 2020
    Summary

    Vendorful has been a game-changer for us. Vendorful is more than a platform but rather a strategic partner in our vendor management and ISO program. You're missing out if you're not using Vendorful to manage your vendors, vendor evaluation, and compliance.

    Positive

    Vendorful is easy to use and easy to integrate into our existing systems. The software has enhanced our vendor management program, which placed us in compliance with our small and diverse business program. The software is flexible enough that we were able to pivot the system for ISO compliance.

    Negative

    All positive experiences thus far with this software and company.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Procurement Director
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Outstanding Product

    Date: Oct 02 2020
    Summary

    We were one of the first large clients to sign up with Vendorful and the experience has been great. The tool is intuitive and the Vendorful team listened to our input on how to improve it over the past 2 years. I would now put it up against any of the other sourcing tools on the market, and it is significantly less expensive with no vendor fees.

    Positive

    - Extremely easy to use
    - Much less expensive than competitors
    - Support staff at Vendorful is one of the best groups I've worked with in my 20 year procurement career. They are incredibly responsive and listen to their client to quickly implement requested customizations.

    Negative

    There are no cons.

    Read More...
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