Vendor Management Software

Vendor management software streamlines supplier relationships by centralizing vendor data, tracking performance, managing contracts, and automating procurement processes.
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Coupa Software Inc

Coupa Software Inc

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Founded

2006

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0

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About Coupa Software Inc

Coupa Software (NASDAQ:COUP) is the cloud platform for business spend management (BSM). Coupa empowers companies around the world with the visibility and control they need to spend smarter and safer. To learn more about how Coupa can help you spend smarter
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Beeline

Beeline

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Founded

1999

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0

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About Beeline

For over 20 years, Beeline has empowered businesses worldwide to achieve competitive advantages with their extended workforce. Beeline Extended Workforce Platform gives companies the visibility needed to mitigate risk, achieve cost savings, and meet dynamic business needs. With tailored solutions that solely focus on the complexities of the extended workforce, clients leverage Beeline products that fit their unique requirements. Through thousands of integrations, clients can connect their extended workforce data from all technology stacks, including major procurement and HR systems.
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Ivalua

Ivalua

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Founded

2000

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0

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About Ivalua

We are a leading provider of cloud-based Spend Management software. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk, and improving employee productivity. We are trusted by hundreds of the world's most admired brands and recognized as a global leader by renowned industry analysts. Learn more at www.ivalua.com. Follow us on LinkedIn and Twitter.

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GEP SMART

GEP SMART

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Founded

1999

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0

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About GEP SMART

GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.
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Magnit

Magnit

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Founded

1991

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0

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About Magnit

Magnit™ (formerly PRO Unlimited) is a global leader and pioneer in contingent workforce management. Our industry-leading Integrated Workforce Management (IWM) platform is supported by 30+ years of innovation, modern software, proven expertise, and world-class data and intelligence. It enables companies to optimize talent and diversity goals while achieving operational and financial success. With Magnit, companies can adapt quickly to the evolution of work to grow their extended workforce with greater agility, transparency, and speed.

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Tropic Technologies

Tropic Technologies

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Founded

2019

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0

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About Tropic Technologies

Tropic is an AI spend management solution that gives finance, procurement, and IT teams complete control over their spending, operations, and data.

Our goal? Help businesses make faster, more confident spend decisions that eliminate waste, mitigate risk, and save money.

From automating manual procurement tasks to integrating seamlessly with your current tools, Tropic combines your spend and vendor data with our supplier intelligence to deliver actionable spend insights.

With $10B in managed spend and 200K+ hours saved, Tropic is trusted by over 500 customers, including Zapier, Notion, Athletic Greens, Plaid,... Show More
Venminder

Venminder

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Founded

2001

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0

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About Venminder

Venminder is an industry recognized leader of third-party risk management solutions. Dedicated to third-party risk, the company is the go-to partner for software, high-quality assessments on vendor controls, certified subject-matter expertise and education.

Venminder’s platform provides a centralized location to execute a third-party risk management program. It enables users to store documentation, onboard a vendor, track contracts, manage SLAs, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting and more.

Assessments performed by Venminder’s qualified experts, including CISSPs, CPAs, financial risk analysts, paralegals and more,... Show More
Deel

Deel

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Founded

2019

Employees

8,000

Funding Summary

425M Series D

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About Deel

Deel is the all-in-one platform for managing your global workforce. Hire and onboard contractors and employees in 150+ countries with built-in compliance, payments, and local expertise - all in one place.
Deel’s local expertise ensures you can offer competitive benefits like health insurance, pension contributions, stipends, and vacation time, no matter where your team is located. Compare country costs, analyze hiring data, and generate compliant contracts in minutes. Deel also streamlines visa sponsorship, helping you bring in top talent from abroad.
Deel’s platform makes paying contractors effortless with flexible withdrawal options in 120+ currencies, including crypto. Powerful... Show More
ClearOPS

ClearOPS

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Founded

2017

Employees

1

Funding Summary

Seed Round

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About ClearOPS

ClearOPS is a B2B SaaS privacy and security technology company based in New York, incorporated in 2017. The platform helps organizations manage third-party/vendor cyber risk and due diligence, using generative AI (RAG) to automate responses to security questionnaires, RFPs, and compliance assessments (e.g., GDPR, CCPA, NY SHIELD). Core offerings include 'Clear Answer Management' for automating responses to privacy/security assessments and 'Service Provider Reports' for ongoing monitoring of vendors and their downstream service providers. It positions itself as bridging the gap between privacy and security functions, targeting IT, security, legal, and procurement teams. Show More
Ncontracts

Ncontracts

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Founded

2009

Employees

450

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About Ncontracts

Ncontracts, Nashville, TN, founded 2009, provides cloud-based GRC software for U.S. financial institutions — banks, credit unions, mortgage companies, and fintechs. Grown to 500+ employees across 32 states. Platform (including Ncomply) supports vendor/third-party risk management, enterprise risk management, audit management, and regulatory change monitoring, combined with advisory/managed services. Show More
SimplifyVMS

SimplifyVMS

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Founded

2016

Employees

320

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About SimplifyVMS

SimplifyVMS provides an AI-powered, cloud-native vendor management system for multi-country enterprise contingent/extended workforce programs: requisitions, supplier engagement, onboarding, compliance, time/expense tracking, invoicing, budget control, and analytics. Founded by Manoj Agarwal in 2016; recognized as a Global Leader in Everest Group's 2025 PEAK Matrix for VMS. Partners with Allegis Global Solutions and People2.0 for EOR/AOR capabilities. Show More
Smart Talent Procurement

Smart Talent Procurement

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0

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About Smart Talent Procurement

Smart Talent Procurement is a Vendor Management Software (VMS) platform described as automating and simplifying management of outsourced, on-demand IT and web services. Positioned in the same competitive set as major contingent-workforce/procurement platforms such as Beeline, SAP, Coupa, Ivalua, and Workday. Show More
UpGlide

UpGlide

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Founded

Employees

89

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About UpGlide

UpGlide, HQ Troy, Michigan, is a cloud-based total talent management platform (VMS) that helps direct employers, staffing agencies, and Managed Service Providers (MSPs) centrally manage candidates, employees, vendors, and independent contractors. Supports contingent workforce management, statement-of-work (SOW) and project management, vendor management, and time-and-expense tracking. Positions itself as a lower-cost alternative to larger enterprise VMS competitors while offering comparable functionality. Show More
Zycus Inc.

Zycus Inc.

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Founded

2001

Employees

1,300

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About Zycus Inc.

Zycus is a software company that sells procurement technology. Its Source-to-Pay suite covers procurement intake, sourcing, contract management, negotiation and procure-to-pay, including e-procurement and invoice processing. Zycus describes its Merlin Agentic Platform as running these procurement tasks autonomously with AI, and the product also offers conversational AI and mobile approvals. The software is used by procurement and accounts payable teams in large enterprises. Show More
Zylo

Zylo

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Founded

2016

Employees

150

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About Zylo

Zylo provides software for managing enterprise SaaS and AI spending. The platform discovers software spend, usage, AI consumption and contracts across an organization and keeps them in a system of record. It is used to reclaim unused licenses, prioritize renewals, allocate costs, reduce redundant applications, find unsanctioned (shadow IT) applications and support audit and governance needs. Zylo Clarity AI identifies savings opportunities and drafts workflows to capture them, and a Model Context Protocol (MCP) connection makes the data available to AI tools. The company also offers services including SaaS Operations and SaaS Negotiator. Its website addresses IT and software asset... Show More
Airbase

Airbase

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Founded

2017

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0

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About Airbase

Airbase is the only procure-to-pay solution to combine enterprise-grade power with a delightful user experience. It radically simplifies purchasing. Tackle complex workflows and enjoy effortless company-wide adoption with easy-to-use and flexible intake, AP automation, expenses, and corporate cards. Stop uncontrolled spend, save time and money, and get a faster close.

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Bitsight

Bitsight

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About Bitsight

Bitsight is a global cyber risk management leader transforming how organizations manage exposure, performance, and risk for themselves and their third parties. Companies rely on Bitsight to prioritize their cybersecurity investments, build greater trust within their ecosystem, and reduce their chances of financial loss. Built on over a decade of market-leading innovation, Bitsight’s integrated solutions deliver value across enterprise security performance, digital supply chains, cyber insurance and data analysis.

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CabinetM

CabinetM

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Founded

2014

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0

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About CabinetM

CabinetM is the MarTech Stack management platform for enterprise organizations who want to track, document, visualize and report on their marketing technology use and spend. With CabinetM, you can:

• Collaborate across your organization and with your strategic partners on technology discovery, evaluation, and management
• Track and manage technology you’ve acquired and built internally
• Manage all your marketing technology contracts—eliminating the surprise of auto-renewals
• Document all the details of your dataflows and integrations, and report on them automatically
• Ensure that your marketing technology stack is visible to all stakeholders... Show More
CloudEagle

CloudEagle

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Founded

2021

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0

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About CloudEagle

CloudEagle.ai helps IT, security & Procurement teams manage, govern & renew all their SaaS apps from one single platform. With CloudEagle.ai, enterprises like RingCentral, Shiji, Recroom make SaaS management & governance a breeze & save 10-30% on their software spend.

Using 500+ direct connectors, customers get 100% visibility into all applications, licenses, spend and vendors. Using no code slack-enabled workflows, IT & security teams streamline employee onboarding/offboarding, access reviews, license harvesting and renewals. Leveraging detailed usage insights and benchmarking data, customers negotiate better with vendors & optimize tech stack.

Our platform processed over... Show More
ComplyCloud

ComplyCloud

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Founded

2017

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0

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About ComplyCloud

ComplyCloud is the only software you need to ensure your data protection and IT security compliance. It combines legal and IT expertise with software to automate all your compliance management and provide you with the mandatory documentation output.

You can look forward to spending more time where it matters for your business since our platform saves you up to 80% of your compliance workload.

You get a combined GDPR & NIS2 expert and project manager at your fingertips. By that, all you need for GDPR and NIS2 compliance is included, easy to implement, intuitive,... Show More

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Frequently Asked Questions

What is Vendor Management Software?

Vendor management software (VMS) is a cloud-based or on-premises solution that streamlines every stage of a company’s relationship with external suppliers. Instead of juggling spreadsheets and emails, a VMS centralizes tasks like vendor onboarding, contract management, compliance checks, performance tracking, and payment processing.

How to Pick the Right Vendor Management Software?

Choosing the right vendor management software begins with identifying your core needs—like automating contract renewals or compliance—and ensuring it integrates well with existing systems. Compare compliance features, ease of use, and pricing to find the best fit for your company. Finally, consider customer support, since even the best platform can experience issues, and reliable assistance is invaluable when it happens.

Can you use CRM for Vendor Management?

While a CRM can technically track vendor information, it's not really designed for that purpose. CRMs are built to manage customer relationships, so businesses will miss out on some key vendor-specific features like supplier performance tracking and contract management.

Is Salesforce a Vendor Management System?

Not exactly, as Salesforce is primarily a CRM platform. While you can customize it for vendor management, it’s not built specifically for that purpose. A vendor management system would be a better option for managing suppliers.

What is the difference between CRM and VRM?

CRM (Customer Relationship Management) focuses on managing relationships with customers, while VRM (Vendor Relationship Management) is specifically designed for managing supplier relationships. Therefore, they have different features – CRMs track sales, customer service, and marketing, while VRMs handle vendor contracts, performance metrics, and supply chain management. In other words, they serve opposite sides of the business relationship spectrum.

What is Vendor Management in ERP?

ERP vendor management refers to the built-in tools and processes within an enterprise resource planning system that help a business oversee and optimize its relationships with external suppliers. By centralizing key tasks—such as supplier onboarding, contract administration, performance tracking, and payment processing—ERP-based vendor management gives companies a clearer view of their supply chain.

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