Collaborate with key stakeholders

Leverage the expertise of colleagues in lines of business in establishing requirements, drafting questionnaires, and evaluating supplier bids. Chat, video conference, and work together in real time.

Speed up your process

Custom configurations allow buyers to get a "running start" when creating sourcing events. Automatically attach key documents, establish terms and conditions, and more.

Seamless side-by-side analysis

Vendorful delivers apples-to-applies comparisons automatically, no copying and pasting required. "Blind" evaluation can be leveraged to remove unconscious bias.

Custom configurations

Buyers can configure their reverse auctions as they see fit. From auction style, to bid ceiling and minimum decrements, to lots and line items, buying teams can customize their events the way they see fit.

Real-time network monitoring

Network performance is monitored in real-time for all participants to ensure fairness. Vendorful identifies and corrects for network latency, clock skew, and more.

As-they-bid visualization

See bids within milliseconds of when they arrive. Vendorful displays an updating chart and leaderboard so you can easily observe savings from previous bids, supplier rank, and bid delta.

Custom sourcing pipeline fields

No professional services required. Vendorful provides easy access to configure your sourcing pipeline the way you want it. You decide what information to track and with a few clicks of the mouse, you're done.

Set goals and measure attainment

Quotas aren't unique to sales teams. One use of a sourcing pipeline is for savings tracking. Document your goals and see how you measure up — all in one interface.

Multi-perspective analysis

Slice and dice the data however you see fit; filtering is supported across an array of fields that your team configures. Understand the nuances of your data and use that to make informed decisions.