Gatekeeper is the best vendor management system for large companies that need widespread access.
The company has consistently earned high ratings from independent sites like G2, which named Genuity a High Performer for Winter 2021. Genuity is headquartered in Chicago, Illinois, and was started by IT professionals. There’s also a 30-day risk-free trial if you want to try Genuity before you buy it. You can also shop Genuity’s online marketplace to find new SaaS vendors and get discounted hardware and software.Īt just $29.99 per month, Genuity is one of the cheapest vendor management systems available, plus the flat fee comes with unlimited users. The software integrates with a variety of platforms, including AWS, Salesforce, G Suite, Quickbooks, Azure, and others. The company has limited features compared to other platforms, but it provides the basic tools that your IT team will need to track spending, manage contracts, monitor your network, and create visibility across all of your assets.
Genuity is one of the most affordable vendor management software programs on the market, but there's a catch-you get what you pay for. You’ll find tons of IT-specific functionalities, like the ability to automate help desk requests and manage telecom expenses, in addition to classic vendor management tools. Genuity’s vendor management platform is designed with IT and finance professionals in mind, which is why it’s our top recommendation for IT companies. Limited features compared to other software SAP Fieldglass was founded in 1999 and has received multiple awards, has a presence in 180 countries, and boasts a 99% customer retention rate. Luckily, SAP Fieldglass has 24/7 customer support that is available through the online support portal, phone, or chat. The software is relatively easy to use, but you’ll want to receive training for easier adoption. Pricing is available by request only, but there is a free demo available. The platform uses an open API framework, which works with on-premise and cloud applications, like Oracle, Microsoft Dynamics, Salesforce, Kronos, and many others. If you're looking to hire new vendors, you can tap into the Digital Partner Network, which helps you find and hire contractors and service providers with specialized skills.Īnother standout feature of SAP Fieldglass is the integrations.
You can pay vendors directly from the platform, automate onboarding and offboarding processes, track certifications, and much more. With SAP Fieldglass, you can manage every aspect of your vendor network, from contract management to compliance and performance tracking. It’s one of the most robust and comprehensive end-to-end solutions, which is why we’re naming it the best overall. SAP Fieldglass is a well-known name in vendor management.
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