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Best Vendor Management Software

Compare the Top Vendor Management Software as of February 2026

What is Vendor Management Software?

Vendor management software is software used by businesses to effectively manage their relationships with suppliers and vendors. It provides a central platform for tracking vendor information, contracts, and performance metrics. With this software, companies can streamline their purchasing processes, monitor vendor compliance and ensure timely payments. Some key features include automated inventory management, budgeting capabilities, and reporting functionalities. It is commonly utilized in industries such as manufacturing, retail, and healthcare to improve efficiency and reduce costs associated with vendor management. Compare and read user reviews of the best Vendor Management software currently available using the table below. This list is updated regularly.

  • 1
    Prokuria

    Prokuria

    Prokuria

    With Prokuria's cloud-based platform, you can streamline your procurement process and save time without compromising on quality or customizations that match each team’s needs perfectly! The intuitive interface makes it simple for any size business to use. Prokuria helps companies ease the procurement, purchase, and supplier management process through time and cost-saving solutions: 1. RFIs, RFPs, RFQs 2. Reverse Auctions for big impact 3. Requisition & Approvals 4. Supplier Management for utmost efficiency 5. Purchase Orders made interactively 6. Contract repository 7. Supplier Price Monitoring 8. No-Code for Procurement. User-friendly procedures boosting internal collaboration, alignment with stakeholders, and speed of business. With Prokuria, the procurement process is both modern and efficient. We use several different approaches to achieve this goal with a focus on: -Ease of use -Free-trial for you to test it -Fast implementation -In-depth customizations
    Starting Price: €15.00/month/user
  • 2
    Scoutbee

    Scoutbee

    Scoutbee

    Scoutbee delivers verified supplier information to support robust, agile and strategic buying decisions. AI identifies up to 180 times more suppliers, 75% faster. Gain deep holistic supplier insights from millions of verified data points. 360° view of your supply base to diversify and strengthen supply networks. Valuable strategic supplier management, automated, centralized, optimized. Generate high-quality supplier longlists in a matter of days for better operational efficiency and quick time-to-market. Collect, sort and analyze RFI feedback. With handy automated workflows, you can process supplier data at a glance. Centralize collaboration between procurement teams and relevant suppliers. All actions are documented to achieve transparency and compliance. Aggregate data from a multitude of verified sources (Dun & Bradstreet financial data, certificates, etc.) to bolster strategic buying decisions.
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