Best Vendor Management Software

Vendor management software, or vendor management systems (VMS), provide a centralized repository for communication, project, and payroll management for businesses employing contingent labor, including vendors, contractors, and freelancers. Vendor management systems oversee the entire vendor relationship—from finding a vendor to submitting timecards and issuing paychecks. This software provides effective communication channels, task management tools, and organizes vendor/contractor payments, expenses, and contracts. All company sizes, industries, and departments that use vendors and employ contractors and/or freelancers can benefit from implementing vendor management software. These tools provide powerful, often cloud-based, solutions that streamline communication and productivity and can be integrated throughout the entire labor ecosystem.

To qualify for inclusion in the Vendor Management category, a product must:

  • Provide supplier management support
  • Offer contract management features
  • Archive supplier and contract information
  • Import data
  • Provide email support

Vendor Management Software Grid® Overview

The best Vendor Management Software products are determined by customer satisfaction (based on user reviews) and market presence (based on products’ scale, focus, and influence) and placed into four categories on the Grid®:
  • Products in the Leader quadrant are rated highly by G2 Crowd users and have substantial Market Presence scores. Leaders include: Tradeshift
  • High Performers are highly rated by their users, but have not yet achieved the Market Presence of the Leaders. High Performers include: TradeGecko
  • Contenders have significant Market Presence and resources, but have received below average user Satisfaction ratings or have not yet received a sufficient number of reviews to validate the solution. Contenders include: Ariba
  • Niche solutions do not have the Market Presence of the Leaders. They may have been rated positively on customer Satisfaction, but have not yet received enough reviews to validate them.
G2 Crowd Grid® for Vendor Management
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High Performers
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    Vendor Management reviews by real, verified users. Find unbiased ratings on user satisfaction, features, and price based on the most reviews available anywhere.

    Tradeshift is the end-to-end business commerce company. We provide companies with solutions to buy and sell goods and services. Our extensible platform allows you to tailor solutions to meet your company’s needs. AP Automation Transact digitally with all your suppliers for 100% of your invoice volume. We continually transform your supply chain from paper to electronic. Say goodbye to scanning forever. Procurement Enable compliant spend and catalogs for your entire supply chain (direct, indirect & services). Transform your disconnected supplier interactions into truly collaborative relationships. Supplier Management Onboard all your suppliers once. Monitor supplier risk & performance, maintain control, and empower suppliers to manage their own information on our network. Working Capital Solutions Strengthen your supply chain. Optimize your working capital with Dynamic Discounting & Supply Chain Finance solutions. With Tradeshift, suppliers of any size can access attractive financing when they need it – at a better rate than anywhere else. Apps (to help you evolve) Future-proof your investment with an extensible platform. Leverage apps from Tradeshift’s ecosystem or build new ones to meet your future business needs. Free for Small Businesses Tradeshift believes in connecting businesses of all sizes, which is why we offer forever-free invoicing for freelancers, consultants, and small businesses.


    TradeGecko is a cloud-based inventory management platform, built to make commerce effortless for retailers, wholesalers, and distributors. Manage all of your inventory, purchasing and sales in one easy-to-use system by simply connecting your offline or online sales channels to TradeGecko. Record and access your customers’ purchase history and preferences to improve their shopping experience and increase sales and brand loyalty. Streamline your business operations by integrating TradeGecko with accounting software like QuickBooks Online or Xero, and fulfillment apps such as ShipStation or ShipIT. Take your wholesale business online with TradeGecko’s B2B eCommerce Platform and take it on the road with TradeGecko for Sales, available on iPad, iPhone, and Apple Watch.


    Cloud-based solutions for collaborative spend, finance, and sales management. ERP and CRM systems are great, but they don't do much to improve interactions between businesses. For all your investments in technology, your B2B transactions are still managed with a fragmented array of applications and manual processes. Blocking your view, keeping costs and risks high, and hobbling your competitiveness. You need technology that makes trading partner collaboration easier and more efficient. Because in a volatile global marketplace where businesses rise and fall every day, sustainable competitive advantage requires strong, mutually beneficial relationships. Ariba makes that easy. With just your web browser and a user-friendly interface, you can work with your trading partners using market-leading SaaS solutions for spend management, collaborative finance management, and sales acceleration management all integrated on a single platform. These solutions are available by subscription and on-demand, so there's no software to install or maintain. They're scalable, cost-effective, and burden-free. They're also easily integrated with your ERP and back office systems. All it takes to extend your processes to more trading partners is plugging into the Cloud. And no worries, Ariba systems are thoroughly tested to ensure continuous, secure, and reliable service delivery. You can be up and running in no time, using the industry's most complete platform to efficiently and effectively locate, communicate, and collaborate with your trading partners. Commerce is simply better with Ariba technology, whether you're looking to drive sales, control spending, or manage cash.


    SAP FieldGlass is a provider for services procurement and external workforce management.


    IBM Emptoris Supplier Lifecycle Management provides sourcing, contract management, spend analysis, supplier lifecycle, procurement and telecom expense management.


    JDA Platform is an integrated retail and supply chain management solution that helps you manage costs, revenue and time to value so you can deliver your customer promises.


    Gatekeeper is a simple to use, cloud based Supplier and Contract Management solution designed to solve common business problems in today’s fast-moving landscape. Modern workplaces are in a constant state of flux. Companies are bought. Departments merge. Staff move on. Businesses and their growth are built on the foundations of contracts and supplier relationships, yet most organisations still struggle with fundamental questions that need immediate and accurate answers: -How many contracts do we have? -When do these contracts renew? -How much will these contracts cost? -Where are the contract copies? -Am I getting the agreed prices? -When was the last time this contract was negotiated? -Is this supplier a risk to our organisation? -What termination options do we have? Gatekeeper was designed to solve these problems and more. Built for the cloud, Gatekeeper allows you to store all supplier and contract data centrally. Our built in communication platform stores all messages to and from suppliers in a fully searchable audit trail - keeping your company and your team in control - even in a changing landscape. Here are some of the benefits of using Gatekeeper: Supplier Management Manage supplier data and relationships in one central place, across your team. View supplier information, document, contracts, track compliance and send email requests directly from inside the application. Contract Management A central searchable repository of all contracts and renewals dates. Clarify ownership and store all messages and key documentation - all in one place, always up to date, company-wide. Mobile Device Support Access all features from any tablet or smartphone. Renewals Management Receive alerts and graphical reports to proactively manage your upcoming contract renewals. Cost Reduction Tools Reporting, consolidation and workflow tools to reduce your Supplier costs. Risk & Action Tracking Manage risks, compliance, RAG status and KPI’s using simple and powerful action tracking and reporting. Analytics Suite Gain clarity over renewals, spend, risk, compliance and user activity - across your company or entire group. Collaboration Tools Collaborate with colleagues and suppliers with built in messaging and workflow features. Send messages linked to specific suppliers and contracts to centralise knowledge and current status across the team. Custom Data Tailor Gatekeeper to your exact needs using our intuitive, flexible and powerful custom data features. Procurement Best Practice Leverage best practice tool sets, templates and resources. Seamless Integration Gatekeeper is integrated with Google Apps, Google Drive, Box.com, Enterprise DMS platforms, ERP (SAP, Oracle, Navision, Agresso), Single Sign on (SAML 2.0, Okta, OneLogin), e-Signature (Echosign, Hellosign) and many more. Multi-currency Set a reporting currency and enter contracts and spend in any currency - all with total control over exchange rates inline with your corporate standards.


    NEXTBUY is an intuitive, cloud-based software platform that provides procurement solutions to its clients. The system is built in modules to give you only what you really need. Main modules and features: Product Catalogues. Group your products into catalogues and product categories and have easy access to them. Purchase Request. Send purchase requests and get them accepted. Purchase Orders. Order, store information on your orders and manage suppliers. Deliveries and Invoicing. Get notification on your delivery and monitor the inventory. E-Sourcing and E-auctions. Send RFP forms, monitor your supplier activities, compare offers and choose the best one. Contract Management. Keep your contracts in the system and monitor the details and the status of use. Supplier Database. Have access to over 60 000 suppliers or import your own supplier database. Use already existing catalogues and products to send a purchase request, get it accepted and delivered or source a supplier through the system, organize an e-auction, get a contract signed, add the products to the catalogue and monitor the status of use once there is a purchase request sent. The system covers various procurement processes and connects buyers and suppliers in one integrated platform.


    POOL4TOOL is the leading cloud-based All-in-One Supply Collaboration Platform for connecting business partners throughout the value chain. More than 300 clients and 50,000 professionals use POOL4TOOL to reduce process costs by an average of over 30%. Our modular portfolio contains solutions for over 40 processes including supplier relationship management, sourcing, supply base management, supply chain management, eCollaboration, quality control, and product costing. POOL4TOOL is highly focused on global process and data harmonization, using our golden record approach which ensures not only source2contract and procure2pay best processes but aggregates information on a complete project or bill of material level as well. POOL4TOOL provides flexible, customizable solutions that can be tailored to each customer’s unique situation, providing full ERP integration and sustainable material and process cost reduction throughout the entire supply chain. POOL4TOOL is the solution that provides the best combination of software, industry specific expertise and services so you can optimize commodity and supplier strategies as well as your daily supply chain processes.


    Contingent workforce management solutions using an integrated, vendor-neutral MSP and VMS model: Payrolling, 1099/Co-employment Compliance, Managed Services.


    Beeline offers a vendor management system and contigent workforce solutions.


    Applies both technology and knowledge of supply markets and purchasing to put the strategy into full effect.


    SalesWarp is distributed order management software designed for retailers at every stage of growth. As the engine for omnichannel selling and fulfillment, SalesWarp provides global visibility of real-time inventory, orders, and customer purchase history from one centralized hub. With intelligent business logic, SalesWarp helps retailers manage operations and data more efficiently across the organization. Unmatched in scalability and performance, SalesWarp’s cloud-based software gives retailers the ability to meet both current and future customer demands, while optimizing operations to drive business growth.


    Xeeva is driving the development and delivery of the next generation of intelligent procurement and financial solutions. Xeeva’s technology is used in over 40 countries and is available in 18 languages. The company’s end to end technology suite includes Sourcing, Procure to Pay, Supplier Collaboration, Financial Collaboration and Extended Enterprise solutions.


    Eved is the only spend management solution purpose-built for the $770 billion dollar Meetings & Events category. Our platform enables a unified, digital buying channel to improve how large corporations request, order and pay for event services. Eved delivers increased transparency, significant efficiencies in the billing and reconciliation process, improved compliance and control, and access to one-click data insights to support best-in-class programs.


    Onspring is a flexible and powerful platform that allows for the automation of any business process. We have significant expertise in GRC, Audit, Risk, Compliance, Vendor, Human Resources and Incident Management.


    Use Procurement Cloud to streamline your source-to-pay process through automation and social collaboration, while controlling costs and achieving higher margins


    Solid Commerce helps merchants and brands increase profits by easily listing on global online marketplaces and unifying the management of their operations all within a single all-in-one Software as a Service platform.


    Ariett provides an intuitive, cloud travel and expense reporting solution that employees love to use on any mobile or laptop device and managers leverage for corporate policy compliance and pre-approval of travel and expense requests. Ariett offers an end-to-end, cloud purchase to payment platform that helps organizations gain control and visibility to all indirect spending, including employee expenses, from one application without having to buy and implement multiple business solutions. From their phone – whether iPhone, Android, iPad, Blackberry, Windows Phone or any other device – employees can easily submit pre-travel requests and then capture receipts and import credit card charges onto their expense report after the trip. Serving over 2200 customers primarily in Software/Technology, Business Services, Non-Profit, Healthcare and Education industries, Ariett helps organizations better manage expenses with spend management analytics and reporting; seamless integration with Intacct, Dynamics GP, NetSuite and other accounting systems; and global visibility to spending across the organization. Ariett’s Key Travel and Expense Reporting Features: - User-friendly Expense Report Entry and Approval from Any Phone, Tablet, Laptop, Desktop - Pre-Travel and Pre-Expense Approval - Easy Receipt and AP Invoice Capture - Import Corporate and Personal Credit Card Charges - Policy Management with Expense IDs and Business Units - Mileage Calculator with Google Maps Integration - OCONUS/CONUS Per Diem Rates - Integration with Accounting System Dimensions, GLs and Entities - 200+ Standard Ariett Reports on Department/Employee Spend, Accruals, Open CC Charges & More! - Multi-Currency and Multi-Entity Capabilities


    BravoAdvantage is the strategic procurement platform that enables organizations to generate more value, influence innovation and reduce risk. Powered by a unique supplier-centered approach that integrates supplier lifetime value throughout the entire procurement process, BravoAdvantage provides the visibility, insight and transparency required to power and improve your procurement initiatives and decisions. BravoAdvantage includes: Spend Analysis: Manage costs, compliance and risk. Aggregate spend data from multiple disparate systems; cleanse and classify data into a common classification structure; and perform multi-dimensional analysis—which enables you to identify saving opportunities and correct compliance breakdowns to ensure you realize your negotiated savings goals. Sourcing: Streamline processes, reduce cycle times and achieve valuable business outcomes. Collaborate to create, issue and evaluate sourcing events via a secure online solution, moving seamlessly from RFx direct to eAuction to maximize business relationships and lower costs throughout your supply chain. SourcingPlus: Extend sourcing to maximize complex bidding opportunities by leveraging analytical capabilities against an expanded set of supplier data to easily manage the many variables associated with high-spend, strategic categories with complex requirements that involve a large number of stakeholders. Contract Lifecycle Management: Negotiate and manage contracts in a single online environment to reduce organizational risk with unparalleled insight into supplier contracts. With visibility across the entire organization, improve tracking, negotiation and management of every contract to ensure compliance at all stages of the supply relationship. Supplier Value Management: Go beyond basic supplier scorecards. Gain a comprehensive view of your organization’s suppliers across the entire procurement process, making the procurement process more efficient and effective. Clearly see summary supplier interactions, understand interactions in process and create fact-based improvement plans for continuous supplier development. Procurement: Automates and streamlines the purchasing process from requisition to receiving with the ease of online shopping. Configurable workflows ensure fast and efficient approvals that manage and track every step of the purchase process, reducing the possibility of rogue or maverick spending. Access to a network of approved catalogs also ensures that the right item is purchased from the right supplier at the right price. Invoicing: Extend the optimization of your procurement process with streamlined accounts payable. Invoicing eliminates paper invoices by automating cost coding, approvals, and invoice image storage, while facilitating reconciliation and payment, all through an easy-to-use web interface. Savings Management: Take control of your organization’s savings management processes by streamlining collection, approval and reporting your procurement organization’s increased value generated across the entire organization. Accurately manage, track and communicate your achieved savings. Analytics: Move beyond historical reporting and into the world of role-based, guided analytics which provides actionable intelligence specific to your business needs.


    ChannelEyes is an Enterprise Mobile Platform connecting Vendors and their Channel Partners. Our core product, ChannelCandy, is a custom branded mobile app designed for Vendor, Distributor and Associations to deliver Channel highlights, company news and sales tools into the hands of partners.


    Claritum’s cloud spend management platform enables many of the world’s largest enterprises, leading businesses and fast-growing service providers to gain granular visibility and control of every transaction, globally and in real time. Over 150,000 users in 35 countries rely on Claritum to deliver significant, measurable and sustainable savings from their expenditure on marketing & operational print, promotional products, uniforms & apparel, packaging, IT & consumables and related services. Key Capabilities • Sourcing • Supplier Management • Catalog • Procurement • Invoicing • Reporting Visit www.claritum.com


    DeltaBid: an affordable, cloud-based, procurement management software helping companies communicate with their suppliers for better results in less time. This smart solution helps you replace inefficient email and Excel methods with a time-saving, standardized, transparent procurement process. You'll have a full overview of your RFPs, tenders and bids. The solution is free of charge for your suppliers, and it doesn't require additional training for bidding.


    Determine Supplier Management: Determine’s Cloud Platform-based Supplier Management solution provides you a portfolio of supplier capabilities from onboarding and validation to scorecarding, KPI performance measurement, risk management and more. Suppliers are integral to your success. Ensuring they generate competitive advantage, not risk, requires visibility and control. An easy-to-use, intuitive interface provides you that 360° view, with a consumer-like online experience leveraging internal and external self-service and collaborative functionality. Supplier master data management, metadata tagging, business process engine and configurable business apps empower you to take your agile process beyond the post-procurement role. Through accelerated digitization and innovation, we’ll help you build supplier relationships that build business.


    Sourcing software for manufacturers to engage suppliers, create cost transparency, collaborate on product design, analyze quotes, and assess sourcing decisions


    Donesafe is like having a safety expert in your pocket. It's easy to implement and use, no matter where you are or what you're doing, Donesafe works on whatever device you have at hand. The software covers all bases of environmental, workplace, health and safety management and makes it so easy and accessible for everyone to meet their health and safety management responsibilities. Better yet, Donesafe significantly alleviates the day-to-day administrative burden of WHS management, whilst creating a happier workforce and safer workplace. With major clients including NAB, Suncorp, IAG, Audi and McDonalds, Donesafe is quickly becoming one of the most well-known names in safety software for both the SME and Enterprise markets around the globe.


    dotStaffTM VMS provides clients with a single contract vehicle to manage instead of hundreds or thousands of service provider contracts. The consolidated billing and payment system serves as a fully auditable financial system and is highly configurable to meet specific agency, department, unit or division needs.




    erplain is a web-based, integrated solution to manage your customers, sales and inventory.


    Rent the FULLSTEP negotiation platform for one or several sourcing events, with minimal engagement and maximum profitability.


    Gatewit provides global electronic procurement solutions and consulting, both for the public sector or private sector.


    THE PROCUREMENT EMPOWERMENT PLATFORM Ivalua’s Platform is uniquely designed for agility, performance, and scale. Built on a single code base and data model leveraging a configurable cloud infrastructure it fundamentally alters what Procurement & Supply Chain leaders can achieve. Unmatched flexibility -Best-in-class is not one-size-fits-all. -Easy configuration is a core principle of the Ivalua platform. -Meet your users’ needs, from custom UI and workflows to new forms and fields. -Collaborate with suppliers and other stakeholders by tailoring processes to their needs. Welcome to the Configurable Cloud The Ivalua Platform is built on a configurable cloud. An industry leading cloud environment that allows you to scale up or down and be assured of the highest security and performance standards, no matter where or what device.


    JetProcure helps you streamline your business purchasing by helping you to manage all aspects of procurement in a simple, intuitive interface. Users can create requisitions and purchase orders with a few simple steps. Eliminate fraud by tracking every step of procurement.


    Comprehensive functionality for all your e-Sourcing needs. Designed by procurement specialists, our software has all the capabilities you need for your e-Sourcing requirements.


    Revvy Contract Management is an enterprise-grade, Salesforce-native solution that enables organizations to create and manage all types of sell-side contracts (e.g. sales contracts, service contracts, NDAs, SOWs, etc.) in one place.


    Optymyze helps companies increase sales and channel performance with enterprise cloud applications for executing sales and channel strategies; driving desired selling behaviors; enabling people to produce better results; and analyzing and improving performance with insightful business intelligence.


    OWNA is a Supplier management app for the mobile workforce.


    Ramco offers post-modern and cognitive ERP software on cloud transforming organizations to digital enterprises. Ramco ERP is a comprehensive cloud ERP solution catering to the needs of fast growing enterprises embarked on digital transformation. Ramco's cognitive and post-modern ERP software help optimize complex business processes and enables organizations to thrive digitally. Ramco ERP offers • Unified solution - Power of One • Flexible workflow based approach • In Memory based real-time optimization engine • Cognitive & self-learning solution • Powerful Analytics Ramco ERP is scalable and can be deployed on cloud or on-premise. It supports integration with most of the existing business applications. Ramco ERP is ideal for any organization who want to optimize their operations, embark on Digital transformation and thrive digitally. Ramco ERP caters to both medium and large scale enterprises. For more details, visit http://bit.ly/2cpg2hg. Ramco is a fast growing cloud enterprise software player across ERP, Logistics, Asset Management, HCM & Global Payroll, Time & Attendance and Aviation MRO. Trusted by 1000+ customers worldwide and 150,000+ end users, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace.


    Scanmarket A/S develops cloud based sourcing and procurement solutions, was founded in 1999 and is based in Solbjerg, Denmark.


    The workforce of tomorrow is already here today! Gartner predicts that by 2020, more than 50% of the workforce will be comprised of external workers including freelancers, contractors and vendors. This means more companies will rely on external partners, contractors and vendors to be successful. Shortlist is a SaaS offering for the Gig Economy. Shortlist helps companies find and manage their complete external workforce (freelancers, contractors and vendors) by providing a single platform to source, on-board, manage, review/rate and pay them.


    SourceSuite makes it easy to manage your purchasing process with a SaaS procurement solution configured to your needs.


    SuperProcure is a cloud-based logistics management solution designed to help shippers reduce logistics spend, manage all dispatches and track their performance in real time.


    The SupplierGATEWAY Supplier Data Management System (SDMS) helps you to engage suppliers, collect critical capabilities, compliance and product data to support your sourcing, purchasing, supplier management, and compliance/reporting processes.


    European leading provider of flexible Digital Procurement Solutions Since 2000, we have helped companies to meet all their procurement challenges in a different way. Our eProcurement Suite – SynerTrade Accelerate – brings you to the next level of digitalization offering you access to the best of today’s technologies, including cloud, big data, community and mobility. A leader in Strategic Sourcing, Purchasing Intelligence, and Supplier Relationship Management, SynerTrade has clients ranging from Fortune 50 tech companies to regional manufacturers. , With over $600 Billion in managed spend, SynerTrade is a single source, home grown product that focuses on helping you achieve your procurement and financial goals, and letting technology work for you.


    Taulia provides cloud-based invoice, payment and dynamic discounting management solutions


    With Buy, your procurement team, managers, and employees can chat and collaborate in real-time throughout the entire buying process.


    Discover the Future of Spend Management. Tradogram provides customizable tools to streamline: Requisitions, Purchase Orders, RFQs/RFPs, Contracts, Delivery Tracking and Invoice Matching. Also, manage the process with: User Permissions, Locations, Budgets, Items Catalog, Supplier Management, Projects & much more. The latest technology with top security & performance criteria at a straightforward price. Get your FREE account today & see how easy it is to use.


    VendorLink integrates with all leading financial and ERP systems making purchase data easily accessible.


    Vendorly helps banks and financial institutions streamline oversight of third-party vendors. We work closely with you to customize vendor management programs, including software to help keep you organized and services to ease your workload. Promotes efficiency, transparency and control across your entire oversight process. Not only can you track all of your vendors in one place, but you can also receive timely alerts and insights into vendor conformity. It even offers a bird’s-eye view into a vendor’s regulatory status, certification, risk level and other variables through a user-friendly dashboard interface.


    Web-based vendor management software for banks, credit unions, mortgage companies and more.


    The VENDX automates entire PR to PO process supported by advance Analytics.


    Software & due diligence experts who significantly reduce your vendor management workload.


    Kate from G2 Crowd

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