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About

Vendorful offers a suite of solutions for e-sourcing and vendor management. From vendor (supplier) selection to contract renewal, the platform simplifies complex processes, eliminates “busy work,” and reduces risk while delivering strong ROI. Modules include e-Sourcing, Reverse Auctions, Vendor Management, Vendor Scorecarding, Contract Administration, and Compliance Questionnaires. The product’s point-and-click interface and automated data aggregation quickly replaces cumbersome Excel spreadsheets and shared drives. And, as an API-first product, Vendorful can integrate into a range of other systems including, but not limited to, e-procurement applications, finance systems, ERPs, e-signature solutions, single-sign-on systems, and third-party risk applications. Offered in public and private cloud configurations, Vendorful serves SMEs and enterprises across verticals including Financial Services, Not-for-Profit, Higher Education, Retail, and more.

About

Sourceit was created to achieve one key goal, simplify the sourcing process and make life easier for buyers all over the world, whether they’re working on their own or within an organization. We wanted to do it with software that was nice to look at and easy to use. Sourceit was originally conceived and developed in 2010 as a specialized sourcing, job and order management software for marketing services, our market, and catalog modules. Since then we’ve grown from our humble beginnings in Australia with great clients and partners all over the world, and while we’ve kept improving our ‘classic’ products, we’ve grown the family with the recent addition of our new RFQ app. Our clients mean a lot to us, they help our products evolve and give us great reasons to keep improving our applications. Simplicity is really important to us and we stay focused on keeping our business and applications simple.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Vendorful serves SMEs and large enterprises across a broad array of verticals, including finance, retail, higher-ed, non-profit, etc.

Audience

Agencies, Finance, Retail, Government

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$1500/month
Subscription offerings for SMEs and Enterprises. Pricing ties back to the number of modules employed and the amount of usage.
Free Version Not Supported
Free Trial Not Supported

Pricing

$3500 per month
Up to 5 buyers with unlimited suppliers and supplier users
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Pros & Cons from Real Users

Pros

  • - Extremely easy to use - Much less expensive than competitors - Support staff at Vendorful is one of the best groups I've worked with in my 20 year procurement career. They are incredibly responsive and listen to their client to quickly implement requested customizations.
  • Vendorful is easy to use and easy to integrate into our existing systems. The software has enhanced our vendor management program, which placed us in compliance with our small and diverse business program. The software is flexible enough that we were able to pivot the system for ISO compliance.

Cons

  • There are no cons.
  • All positive experiences thus far with this software and company.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Vendorful
Founded: 2016
United States
www.vendorful.com

Company Information

Sourceit
Founded: 2014
Australia
sourceithq.com

Alternatives

Alternatives

P3Source

P3Source

P3 Software
Promena

Promena

Promena Strategic Procurement Solutions
MeRLIN Sourcing

MeRLIN Sourcing

MeRLIN Sourcing B.V.
RapidQuote

RapidQuote

eHub Software
Tap2Trade

Tap2Trade

Wings2Aspirations

Categories

eProcurement Supported
Procurement Supported
Sourcing Supported
Vendor Management Supported

Categories

Procurement Supported
RFQ Supported
Sourcing Supported

Procurement Features

Asset Management Not Supported
Auction Management Supported
Bid Management Not Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Sourcing Features

Auction Management Supported
Budget Management Not Supported
Collaboration Supported
Global Sourcing Management Not Supported
Rfx Management Supported
Spend Management Supported
Supplier Management Supported
Supplier Qualification Supported
Supplier Risk Management Supported
Supplier Web Portal Not Supported
Template Management Supported

Supply Chain Management Features

Demand Planning Not Supported
Electronic Data Interchange Not Supported
Import / Export Management Not Supported
Inventory Management Not Supported
Order Fulfillment Not Supported
Order Management Not Supported
Sales & Operations Planning Not Supported
Shipping Management Not Supported
Supplier Management Supported
Transportation Management Not Supported
Warehouse Management Not Supported

Vendor Management Features

Audit Management Not Supported
Contact Management Not Supported
Customer Database Not Supported
Self Service Portal Not Supported
Supplier Master Data Supported
Transaction History Not Supported
Vendor Maintained Profiles Supported
Vendor Managed Inventory Not Supported
Vendor Performance Rating Supported
Vendor Qualification Tracking Not Supported

Procurement Features

Asset Management Not Supported
Auction Management Supported
Bid Management Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Supported
Receiving Not Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Sourcing Features

Auction Management Not Supported
Budget Management Not Supported
Collaboration Supported
Global Sourcing Management Supported
Rfx Management Supported
Spend Management Supported
Supplier Management Supported
Supplier Qualification Supported
Supplier Risk Management Not Supported
Supplier Web Portal Supported
Template Management Supported

Integrations

Epicor BisTrack Not Supported
MYOB Not Supported
Oracle APEX Not Supported
QuickBooks Commerce Not Supported
Xero Not Supported

Integrations

Epicor BisTrack Supported
MYOB Supported
Oracle APEX Supported
QuickBooks Commerce Supported
Xero Supported
Claim Vendorful and update features and information
Claim Vendorful and update features and information
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Claim Sourceit and update features and information