VendorPanel Pricing, Features, Reviews & Comparison of Alternatives

VendorPanel

Source-to-contract procurement system

4.71/5 (14 reviews)

VendorPanel overview

What is VendorPanel?

VendorPanel is a source-to-contract procurement system designed for government and public agencies, as well as corporate businesses and SMBs. With VendorPanel, users can source and evaluate suppliers, manage supplier contracts, and track supplier performance all from a single platform.

VendorPanel helps users source suppliers through preferred supplier lists, shared external lists, public tenders, and local and social impact supplier marketplace searches. Users can also post requests, and review responses, before choosing their supplier.

VendorPanel enables users to evaluate supplier responses, and maintains a full audit trail of the evaluation process. Users can manage supplier compliance documents, as well as draft contracts, and manage tasks and reminders. Reporting and analytics tools give users valuable insight into sourcing activity and business performance.

As a cloud and mobile solution, VendorPanel enables individuals, teams, departments, or entire companies to manage suppliers, contracts, and compliance anytime, anywhere, via any internet-enabled device, including desktops, laptops, tablets, and mobiles.
www.vendorpanel.com

Pricing

Starting from
A$50/month
Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

Canada, Australia

Supported languages

English
VendorPanel screenshot: VendorPanel: Guide buyers with the Quote WizardVendorPanelVendorPanel screenshot: VendorPanel: Identify local suppliersVendorPanel screenshot: VendorPanel: Manage compliance VendorPanel screenshot: VendorPanel: View evaluation audit trailVendorPanel screenshot: VendorPanel: Gain insight with analytics

VendorPanel user reviews

Excellent
10

Very good
4

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.5
  4.4
  4.7
  4.6
Paul Weston

CTRC REVIEW

Used daily for 2+ years
Reviewed 2019-12-09
Review Source: Capterra

Vendor Panel has assisted this organistaion to transition from a manual tendering process to an electronic one. The system has also provided officers with a simple method of sourcing quotes and evaluating the responses.

Pros
Ease of use for non procurement officers

Cons
Reporting/analytics is an additional cost. Would be nice if this was included in the standard subscription.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Candice Stevens

User friendly, logical, seamless

Used daily for 2+ years
Reviewed 2019-09-23
Review Source: Capterra

Vendor Panel is a phenomenal software provider, from a user friendly site with logical lay out, to step by step instructions, a wonderful support team, and features that drastically improve business flow. I thoroughly enjoy using Vendor Panel every day, I wish all the systems I used were as seamless and effective as this platform!

Pros
Vendor Panel is incredibly easy to use and logical in its layout and functionality.

Cons
I genuinely have sat here trying to think of something I don't like about Vendor Panel and can't come up with anything.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Malcolm Wares

Vendor Panel review

Used occasionally for 1-2 years
Reviewed 2019-09-23
Review Source: Capterra

Works very well when seeking quotes from audit panel members. However, we tend to evaluate quotations/tenders offline

Pros
Very easy to seek quotations from audit panel members

Cons
Not so staightforward if need to communicate with vendors during a RFQ process (eg, to responsd to a vendor question where all vendors must receive the same info). I like the ample warning messages prior to uploading/publishing material to vendors.

Rating breakdown

Ease of use
Features

Likelihood to recommend: 8/10

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Nicole Jones

Vendor Panel

Used daily for 1-2 years
Reviewed 2019-12-09
Review Source: Capterra

My overall experience has been fantastic, I think Vendor Panel ticks all the boxes for ensuring sound procurement.

Pros
Vendor Panel really is superior in ensuring compliance, streamlining the process and overall safeguards procurement functions. There are many pros, some of which are: - It’s very user friendly - Increases fairness and impartiality - Ensures transparency & accountability - Ensures confidentiality and security of information - Reduces risk - There is a fantastic support team

Cons
I’d like it to be integrated into our accounting system.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Elise Wyvill

General Review

Used daily for 2+ years
Reviewed 2020-05-21
Review Source: Capterra

Pros
I like how easy this software is to use and is great for anyone (with or without training) to be able to hop on and get things done.

Cons
I don't like the VendorPanel search bar as you must have the company name exactly right for it to recognize it. i.e. if the company is Bill.Bob it wont show up if you just type Bill Bob

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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VendorPanel pricing

Starting from
A$50/month
Pricing options
Subscription
View Pricing Plans

Teams & SMEs: A$50/user/ month. Enterprise: Custom pricing from A$15k/yr.

VendorPanel features

API
Activity Dashboard
Activity Tracking
Audit Trail
Compliance Management
Document Management
Real Time Data
Real Time Reporting
Reporting & Statistics
Third Party Integration

Auditing (393 other apps)
Automatic Notifications (559 other apps)
Billing & Invoicing (334 other apps)
Customizable Reporting (442 other apps)
Data Import/Export (422 other apps)
Document Storage (349 other apps)
Inventory Management (495 other apps)
Inventory Tracking (371 other apps)
Monitoring (346 other apps)
Workflow Management (476 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for VendorPanel

Key features of VendorPanel

  • Access Controls/Permissions
  • Alerts/Notifications
  • Buy Side (Suppliers)
  • Collaboration
  • Compliance Tracking
  • Government Contracts
  • RFPs / RFQs
  • Reporting/Analytics
  • Rfx Management
  • Sourcing Management
  • Supplier Compliance
  • Supplier Discovery
  • Supplier Risk Management
  • Supplier Web Portal
  • User Access Controls
  • Vendor Maintained Profiles
  • Vendor Master Data Management
View All Features