Vendor Portfolio Management
Manage, assess and monitor your Vendors and Contracts integrated with your IT landscapeManage all of your vendors in one place
VPM enables enterprises to establish a robust, comprehensive vendor portfolio spanning across business and technology domains. The solution accords benefits to several departments within the organization, spanning from IT Procurement divisions to drive their assessments, requests, spend and categorization to EA teams wanting to understand the overlaps by capabilities to cost teams who want to achieve cost transparency and spend by vendor.
Features
Establish a robust baseline of vendor information such as vendor profiles, contracts and products and services.
Proactively monitor vendor contract renewals, thresholds, spend and overall scope of the capabilities provided spanning applications, projects and technologies.
Enable multi-dimensional governance ranging from risk assessment to composite technology business analysis of your vendor performance via reference data and integrating with EA, CMDB and IT risks systems.
Value + Benefits
- Proactive governance and monitoring of your vendor contract renewals and expiration dates.
- Assess and score your vendors across variety of categories contextualized to your needs.
- Optimize spend, reduce redundancy and drive vendor negotiation efficiencies by providing a data driven map of desired capabilities against products and services provided by existing vendors.
“Our implementation manages over 300,000 assets and we were able to do the implementation completely self-sufficiently with minimal involvement from the EOS team.”
–Director, $50M Government Department
Platform Benefits
All-in-One Platform
One solution and UX for vendor portfolio management, associated contracts and linkages to applications, technologies, capabilities and projects.
Easy to Use & Configure
Trusted by over hundreds of thousands of users! Intuitive, easy to use UI allows both business and IT users to gain value immediately – no training required!
Flexible Deployment, Fast Time to Value
Available as software or SaaS. Rapidly establish your vendor profiles and associated contracts from scratch or make changes in bulk by uploading your spreadsheets for thousands of vendors and contracts at once.
Dashboards
Out of the box, visual dashboards and surveys by cost, risk, and value across your vendors and contracts
Vendor and Contract Roadmaps
N-layered roadmaps show cost, effort, dependencies and timelines all at a glance across your vendors and contracts with linkages to apps, technologies, capabilities and investments. Radar Maps for vendor clusters based on variety of grouping criteria.
Vendor Rationalization
Organize and analyze your vendors based on capabilities provided and vendor scores to identify overlaps of functionality or find alternative vendors.
Enterprise Integrations
Out of the box integrations with Slack, JIRA, Procurement Systems and over 70 other enterprise applications
Notifications & Approvals
Automatically get notifications throughout the approval workflow or upcoming vendor contract renewals
Reporting & Export
Create custom reports and export any data in CSV, PDF, and PNG
Governed Workflows
Enable tailored workflows to manage your vendor and contract lifecycle including creation, cloning, retirements, certifications, renewals or any governed updates.
Invite, Follow, Tag & Comment
Interact with your team by inviting, following, tagging and commenting on any vendor or contract.
RESTful APIs
Integrate with any application or dataset within your company using our open REST-API