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Vendor Management Software with Billing & Invoicing (2026)

Last updated: April 2026

Key features of Vendor Management Software

Based on GetApp's analysis of verified user reviews collected between July 2021 and August 2024.

  • Compliance Management: Users highlight automation, integration with risk and audit, and robust reporting as key aspects for ensuring regulatory compliance. 93% of reviewers rated this feature as important or highly important.
  • Vendor Master Data Management: Reviewers appreciate centralized, accurate, and customizable vendor data storage for improved procurement and strategic decision-making. 93% of reviewers rated this feature as important or highly important.
  • Access Controls/Permissions: Users value customizable, granular access controls for maintaining data security and tailored user permissions. 91% of reviewers rated this feature as important or highly important.
  • Vendor Payment: Reviewers note ease of managing payments, secure data storage, and simplified invoicing processes. 91% of reviewers rated this feature as important or highly important.
  • Onboarding: Users find automated workflows, ease of inviting vendors, and helpful support crucial for streamlined onboarding. 91% of reviewers rated this feature as important or highly important.
  • Document Management: Reviewers emphasize centralized document storage, easy access, and version tracking as essential for efficient procurement and compliance management. 87% of reviewers rated this feature as important or highly important.
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96 software options

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PROACTIS logo

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WorkMarket logo

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Quickbase logo

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Bizagi is a business process management (BPM) solution which enables users to model, improve & execute business processes through a graphic environment. The cloud version of Bizagi offers automation and modeler services including tools for building, optimizing, and publishing dynamic workflows.

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metasfresh ERP is a state-of-the-art, agile, license-free ERP software developed by metas GmbH from Germany. It is the first license-free open source ERP system for medium-sized companies from industry and trade in the DACH region that is able to compete with market-leading proprietary systems.

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Transformify logo

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