Latest Product Updates and Feature Enhancements on Vendr
Introducing The SaaS Trends Report from Vendr
Vendr has launched its first SaaS Trends Buying Report for Q1 2023, offering insights into the software market. The report reveals increased investment in sales, revenue, and cybersecurity tools, wit...h a notable rise in average contract value. It highlights the dominance of CRM, cybersecurity, and project management products, with Salesforce leading in deals. The report emphasizes the importance of AI-powered tools and data-driven decision-making for effective SaaS purchasing.
Speed up your procurement process with Vendr Workflows
Vendr has launched "Workflows," a new procurement automation tool that streamlines the procurement process by automating intakes and approvals, centralizing communication, and enhancing visibility. T...his tool allows organizations to define and scale their procurement processes, ensuring compliance and reducing administrative tasks. Workflows integrate with Vendr's SaaS consulting services to optimize software purchases, offering a comprehensive solution for procurement management.
Speed up your purchase process with Vendrs HR integrations
Vendr has introduced new HR software integrations to enhance its procurement workflows. These integrations allow HR data to sync with Vendr, streamlining processes and reducing manual tasks. By conne...cting with popular HR tools like Rippling and Workday, Vendr ensures up-to-date procurement processes aligned with organizational changes, improving collaboration and efficiency.
Vendr + Brex Procurement: Announcing Vendrs New Partnership for Seamless Software Buying
Vendr has partnered with Brex to offer a seamless software procurement process. Active Brex customers can access Vendr Premium Procurement for free for 12 months, enhancing spend management from inta...ke to renewal. This collaboration aims to streamline procurement and payment processes, leveraging Brex's AI-powered platform and Vendr's procurement capabilities.
Mergers, Acquisitions, and Business Moves by Vendr
Vertice
Vertice acquires Vendr to build AI-powered procurement intelligence platform
Vertice has acquired Vendr to enhance its AI-powered procurement intelligence platform. The acquisition integrates Vendr's software insights with Vertice's existing data, creating a comprehensive dat...aset for procurement teams. This collaboration aims to improve purchasing decisions by providing finance teams with AI-driven insights and benchmarks, impacting over $75 billion in global spend across 32,000 vendors.
Vertice Acquires Vendr to Expand Procurement Intelligence and AI ...
Vertice has acquired Vendr to enhance its procurement intelligence capabilities and strengthen its AI-powered procurement platform. This acquisition combines Vendr's software pricing data with Vertic...e's existing platform, creating a comprehensive procurement intelligence dataset. The integration aims to improve procurement efficiency through AI negotiation tools and deeper insights into supplier pricing and contract terms.
