VendorPanel

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What is VendorPanel?

Cloud & mobile Source-to-Contract platform. Supplier discovery & management. sourcing, evaluation, award, procurement planning, guided buying, contract management, analytics.

VendorPanel is an innovative Source-to-Contract procurement system used by over 1,200 government and public agencies, corporates and SMEs. The cloud and mobile platform helps organisations to simplify procurement and supplier management, reduce risk, maximise savings and drive positive social outcomes.

  • Source-to-Contract
    One platform to manage sourcing; supplier discovery, evaluation and management; and contract management. With data-driven insights and advanced analytics to drive informed business decisions.

  • Decentralised sourcing
    Buying staff source from internal and external supplier lists and the Marketplace, in a controlled environment that comes with an easy-to-use interface. You get transparency of sourcing across the organisation.

  • Panels and prequalification
    Management of multi-user lists & preferred supplier lists is simplified, increasing spend under contract and driving competition and transparency.

  • Tenders
    Management of public tenders can be streamlined within your broader procurement platform, with integrated evaluation tools, powerful reporting and one-click governance reports.

  • Social procurement initiatives
    Social enterprises can be integrated into your mainstream supply chain, helping you make measurable impact, drive economic development and support CSR objectives.

  • Local economic development
    Staff can quickly and compliantly request ad-hoc quotes from local suppliers, with increased savings and reduced risk. You get real time insight into the value of high-impact local spending.



VendorPanel currently scores 77/100 in the Procurement category. This is based on user satisfaction (100/100), press buzz (35/100), recent user trends (falling), and other relevant information on VendorPanel gathered from around the web.

The score for this software has improved over the past month. What is this?
vendorpanel.com

Regional Restrictions: Australia, US, Canada, New Zealand

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Procurement Market Radar

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VendorPanel Product Overview

  • Supplier discovery

  • Supplier Management

  • Proposal evaluation

  • Contracts register

  • Reporting & analytics

  • Cloud & mobile

  • APIs

  • Preferred supplier panels, tenders, public and private marketplaces


Languages Supported: English
Regional Restrictions: Australia, US, Canada, New Zealand

Procurement Software Buyer Guide 2024

Product recommendations, vendor rankings, market overview and tips on how to select Procurement software for business. Published in April 2024.

Procurement processes are highly regulated and automated. Procurement software assists users in navigating this terrain with highly specific functions like workflow generators, bidding assistants, ad-hoc value analysis or RFI, RFQ and RFP automation. Procur...

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VendorPanel Features

  • 2-Factor Authentication
  • Accounts Payable
  • API
  • Batch Permissions & Access
  • Calendar Management
  • Contact Management
  • Data Export
  • Data Import
  • Document Comparison
  • Expense Tracking
  • External Integrations
  • File Sharing
  • File Transfer
  • Inventory Tracking
  • Multi-User
  • Notifications
  • Scheduling
  • Supplier Management
  • Task Scheduling/Tracking
  • Third-Party Plugins/Add-Ons
  • Electronic Signature
  • Database
  • Shipping Management
  • Order management
  • SAP Integration
  • Report & Compliance
  • Audit Management
  • Risk Assessment
  • Incident Management
  • Workflow Management
  • Policy Management
  • Threat Detection
  • Dashboards
  • Status Notifications
  • Reports
  • Design Templates
VendorPanel Pricing

VendorPanel Pricing Plans

Enterprise

Custom
Annual company licence
  • Full Source-to-Contract platform
  • Supplier Relationship Management (SRM) (Prequalification, Supplier Compliance, Preferred Supplier Management, Performance Management)
  • Full RFP Sourcing Suite
  • Public Tenders
  • Local Supplier Marketplace
  • Multi-Party Bid evaluation
  • Social Procurement
  • Contract Management
  • Enterprise Reporting
  • Analytics
  • Mobile

Plans starting from: $1,000.00/month Credit card required: No

VendorPanel FAQs

What is VendorPanel generally used for?

  • Managing preferred / prequalified supplier panels
  • Identifying and engaging with new suppliers
  • Supplier evaluation
  • Tender management
  • Compliance management
  • Contract management
  • Procurement planning

What are some applications VendorPanel is commonly used in tandem with?

Can be integrated with Contract Management Systems, Compliance tools, Supplier databases, and others

Does VendorPanel offer guides, tutorials and or customer support?

Yes.

  • Live Chat
  • Local phone support (business hours)
  • Email support
  • Online support centre
  • Video library
  • Live and recorded webinars
  • Quarterly product update meetings

Who are the main user groups of VendorPanel?

Procurement teams, buyers in multiple departments, executives (for data insights and risk management).

Organisations include enterprises and SMEs, local and state governments, and public agencies.

Does VendorPanel integrate with any other apps?

Yes, through the available API, including VendorPanel Mobile, Contract Management, and third party compliance tools such as Avetta, LinkSafe and Rapid. Contact for details.

Does VendorPanel offer an API?

Yes.

Does VendorPanel offer multi-user capability (e.g. teams)?

Yes, team management (buyer groups) is core functionality.

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