Overview
Vendr is an AI-powered pricing and negotiation platform designed to help finance and procurement teams secure better pricing on B2B software. By leveraging a vast database of over $15 billion in verified software spend data, Vendr provides real-time pricing intelligence and negotiation insights, allowing users to benchmark their quotes against market averages. The platform offers both pricing and negotiation agents, automating tasks such as contract reviews and supplier negotiations. Vendr's AI algorithms learn from over 100,000 real negotiations to optimize negotiation strategies and identify favorable terms. It also integrates with procurement workflows, such as Zip, to proactively capture savings on software renewals and long-tail spend. Vendr aims to give organizations access to Fortune 500-level pricing leverage, even without a dedicated procurement team.
Common tasks