The Smart Way to Manage Vendor Performance

Vendor Score IT is designed to fit seamlessly into your existing processes for managing suppliers and all your outsourced activities in one place. It can be customized to match your current workflows, ensuring minimal disruption during implementation. The tool is scalable, so it can grow with your organization’s needs.

Yes, by automating routine tasks such as scorecard creation, consolidation, and follow-ups, Vendor Score IT can significantly reduce the time you spend on manual performance reviews for your suppliers. Our users typically see a 50% reduction in admin tasks. According to a study by the McKinsey Global Institute, automating administrative tasks can save companies up to $5,000 per employee annually​.

Security is a top priority for us. Vendor Score IT employs advanced security measures to protect your data, including encryption and regular security audits. We comply with all relevant data protection regulations.

We are confident in our product’s ability to improve your supplier relationship management (SRM) processes. However, if you don’t see any improvements within the first month of using Vendor Score IT, we offer a money-back guarantee.

Vendor Score IT is based on the SGAR Framework, which focuses on sourcing, governance, assessment, and relationship. This structured approach helps streamline processes, optimize costs, and improve the performance of your external providers by 10%.

While Vendor Score IT is designed to scale with large organizations, it is also highly adaptable and can benefit small and medium-sized enterprises by providing efficient supplier relationship management (SRM) solutions.

Absolutely. Vendor Score IT allows you to set up your evaluation criteria and KPIs for suppliers and vendors. You can also assign weights based on the criticality of the product or service, ensuring a tailored and holistic view of performance.

To get started, you can join our NextGen Program and receive a free consultation from one of our Vendor Manager Experts. Additionally, you’ll gain access to our exclusive SGAR Framework Checklist to help improve your supplier relationship management (SRM) processes. If you have more questions, you can book a free evaluation call with our experts to discuss your specific needs and see how Vendor Score IT can benefit your organization.

The initial implementation includes setting up your company details, onboarding up to 50 of your suppliers and vendors, and configuring up to 10 user accounts. We also provide templates for successful scorecards, including those specifically designed for SaaS vendors and System Integrators. Additionally, our comprehensive onboarding program ensures your team is fully equipped to use Vendor Score IT effectively.

Our onboarding program is designed to ensure your team can maximize the benefits of Vendor Score IT from day one. It includes personalized training sessions, detailed walkthroughs of the software’s features, and ongoing support. We cover everything from setting up scorecards and performance evaluations to using our advanced analytics and reporting tools. We’re not just selling you licenses; we also offer expert support in our Business and Enterprise programs to ensure you’re not left alone and can make the most value of the tool. Our experts are available to assist with any questions and to provide best practices for supplier relationship management.

Currently, Vendor Score IT does not integrate with other tools. Our product is in an early stage, but we aim to incorporate integration options in future product releases to better serve your needs.