Vendr Reviews

The worst part about negociating contracts with SaaS vendors is not knowing their pricing. Having a good idea about what the range of prices that they typically charge customers is a huge advantage. Hat's off to Vendr for giving their customers this information in as much detail as possible. To top it off, Vendr does the negociating for you. It save time and money.

The other advantage of Vendr is their organization of all Vendors in one location. From renewals to licensing details, they put all the information at your fingertips. No more spreadsheets or disorganized WIKI pages. The time savings is well worth the cost.

Their support throughout the sales process is excellent. They really want to understand what contract terms are important to you, not just price. They can use all the levers to get the contract to reflect not just the best price, but also the most favorable terms taylored to your needs.

It seems like some SaaS company salepeople are ignorant about Vendor. They don't know how to interact with them because they don't fit the mold of "partners", which are known entities in the sales process. Educating SaaS sales people about Vendr's role is the only small disadvantage. It can slow down the sales cycle a bit.

Managing vendors, renewals, and contract negociations

All the staff have been supportive and very responsive to any questions or issue when they arose.

The only issue I have, which has been raised is I need to download PDF documents, loaded to view.

Vendr is going to take over the negotiation process from the team to free up some time. Centralized location to record SAAS expiry dates to ensure timely decisions are made

Works well and help us to sell more to our prospects

Nothing, the plattafrm works very well in all cases

Sales cycle

I like how Vendr has simplified our procurement process. The service its team offers is invaluable because I can have them negotiate the contracts on my behalf. It's also great to have all our platforms in one unified location.

I had some dislikes in the past regarding the self-service part of the process and their old portal, but I'm much happier with the new upgrades introduced recently.

It's primarily solving the procurement process and the complexity of managing vendor relationships. Having a unified platform for tracking all SaaS platforms the organization uses is also one of the significant benefits.

The team is engaging and deeply helpful, from sales to onboarding to account management to deal negotiators to technical support.

Real savings and better deals have been actualized well above the cost of Vendr.

The software itself is an outstanding management tool and is now indispensable to us.

There is some initial setup, but this is primarily a "how clean is your import data" issue rather than any fault of the product/service itself. If your SaaS vendor data (next renewal date, cost, owners, etc.) is not perfectly clean or complete, the Vendr app also helps with that. It is more approachable than a random spreadsheet and supports attachments like actual contracts.)

Vendr is getting us incredibly organized, pulling teams together (decision makers, software purchasers), and helping us to make much better decisions on renewals and on new products.

Vendr has helped us negotiate many contracts, which, due to time and workload constraints, we would not have been able to negotiate as successfully ourselves. We've saved countless hours of back and forth, as well as hundreds of thousands of dollars in discounts. The team is wonderful to deal with and has really helped us shoulder the burden of software purchasing.

There aren't downsides to Vendr that I can think of. They are constantly working on improving their product, and I find that they've addressed any historical problems I've had with the software (ie: deal profiles not having a space to save contracts on the website).

Vendr has solved our problem of the centralization of all our larger SaaS spend and helped us negotiate the best price for all new purchases and renewals.

The best thing about Vendr is that they have insights into what fair market value is for SaaS, eliminating the mystery around pricing when we make a purchase. This data, combined with Vendr doing the negotiations on behalf of my company, allows us to get the best pricing while allocating our procurement resources to other deals.

The only thing I dislike about Vendr is that the data is limited to SaaS, it would be so amazing if there was data like this for every category that my team sources.

Vendr solves two problems for me; the first is providing pricing data on SaaS, and the second is handling the negotiations on our behalf. This benefits us by giving us peace of mind that we are getting great deals on SaaS and provides the procurement team with bandwidth relief to work on additional deals.

Vendr has returned time and energy to our employees hired to sell, market, and develop our products and services. It saves our employees from researching, negotiating and buying solutions to help them do what they need to do. Vendr has internal knowledge of the best prices we can get for our SaaS purchases, do all of the negotiating and manage the internal compliance like legal, security and budget approval, to complete these purchases.

I wish Vendr can help with other purchases outside of SaaS.

We use a variety of SaaS products to help our organization. From Salesforce to Netsuite to various Marketing and Engineering SaaS solutions, our employees were left to find services and negotiate independently without knowing what the market pricing calls for. Vendr has the inside track on how much these solutions are worth and helps us determine a fair price. They also help navigate our internal compliance for contract, budget and security approvals and keep track of all of these contracts when it comes to renewals. This lets our employees do what they were hired to do, leaving this work for Vendr to handle.

We save time & money by using Vendr's buying team. Their added SaaS management tools make their services even more valuable to our lean team. Manage purchases, contracts & renewals in one place.

I see no downside to using Vendr. Their team is an extension of our own team.

Vendr streamlines our SaaS purchasing & renewal, using a consistent process. I'm not an expert on pricing for each the 150+ applications our company has in our SaaS stack, Vendr ensures the best pricing is negotiated.

During our first year with Vendr we saved more than $300K on SaaS deals (new software purchases, upgrades and renewals), we saved a lot of time leveraging their support in compliance and legal review and as a free bonus we gor a great SaaS management platform for free thanks to their Blissfully acquisition

Vendr 2.0, the merge of the Vendr and Blissfully platforms has partially disrupted some of our reports and processes, we know Vendr is working to fix most of the issues and we hope they'll provide new useful features in the coming quarters

Thanks to their experience in negotiating SaaS deals, we can be assured that we get fair pricing from our 200+ SaaS suppliers. We learned lots of negotiation techniques and we better understood the pricing models of our SaaS tools.