VendorPM

RATING:

4.6

(31)

About VendorPM

VendorPM is the modern approach for vendor sourcing and procurement. This is accomplished through our software-enabled marketplace that empowers property managers to effortlessly work with vendors by automating the vendor sourcing and procurement process.

VendorPM Pricing

For organizations with more users that are seeking greater visibility & control, then VendorPM costs anywhere from $200 - $1000 per month, depending on how many users are active!

Starting price: 

CA$200.00 per month

Free trial: 

Available

Free version: 

Available

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VendorPM Reviews

Overall Rating

4.6

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for VendorPM

1 - 5 of 31 Reviews

Anonymous

11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed February 2023

One of the Best Vendor Softwares

PROS

VendorPM interface is very easy to use. We have been using this software for over an year and would totally recommend for anyone else on contractor side (which we are). From new RFQs to jobs awarded, VendorPM has streamlined every single step.

CONS

Small little bugs, however VendorPM team is very approachable and they take the suggestions very seriously

Nicholas

Recreational Facilities and Services, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed June 2021

A game-changer

We have solved the problem of receiving estimates from contractors with an accurate scope of work. The program allows us to upload a customized scope of work to a procurement system that ensures that any contractors providing an estimate on a specific job, do so by using the scope of work that we have developed. This keeps the quotations fair and comparable (apples-to-apples). The program also allows us to track all of the routine maintenance items that might occur in a calendar year of operation at a condominium online. This calendar feature provides our employees with the ability to implement an annual plan which reminds them to obtain estimates for seasonal items such a sprinkler start/stop, window washing, garage cleaning and more so that our employees are actively managing upcoming projects in an organized fashion.

PROS

The most valuable feature on VendorPM is the ability to solicit competitive bids from qualified contractors. In the condominium management industry, there are many companies that compete to provide contracting services, with a variety of qualifications, market share and infrastructure. VendorPM allows us to procure estimates in bulk, with the touch of a button and request proposals for various services from as many contractors as we wish. This keeps the receipt of estimates streamlined and efficient, and allows for a high volume of estimates to be procured, keeping contractors accountable to adhere to market rates due to the high level of competition.

CONS

The program does not have a feature to sync with our Outlook calendars. This would be useful so that when our employees solicit bids or are reminded by the program to solicit bids, that they can view these reminders in their calendars.

Reason for choosing VendorPM

There was no competition in the marketplace that was offering a service like VendorPM so there was no alternative products we considered when selecting this program. As far as I'm aware, there still is no competition so it was an easy decision.

Chris

Real Estate, 10,000+ employees

Used weekly for less than 12 months

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

3

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2021

VenderPM review

Its a good system however there is still some tweaks that need to be solved. I've discussed with my contact at VenderPM.

PROS

Easy to use and get quotes and great service people to help you when there are issues.

CONS

A lot of contractors who are on the system tend not to respond through VenderPM. If they do respond, they email me the quotes directly. Also, when I'm submitting an RFQ, a lot of contractors just ignore the request and I have to follow up.

Nicole

Facilities Services, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed May 2021

The Google of Trades

The overall concept of Vendor PM, which I personally believe is to be become a verb, like 'Googling' is brilliant. The more Trades accept and sign up to partner with VendorPM, the better value for service Property Managers will have and the more options and choice we'll be given on top of, real reviews from colleagues which is an added layer of confidence when picking trades to bid on jobs. Aside from all of that, the VendoPm team is phenominal to deal with. They respond, they correct and they listen to suggestions for improvement, it's not often you find a company who honestly wants to do and be better.

PROS

It's a 'one stop' place to look for, schedule and RFQ projects. From large Capital expenditures involving membranes and water proofing to smaller annual projects like bin and chute cleaning. The other feature that Vendor PM has, that I have under utilized is the Annual Planning. The ability to schedule ahead when items need to take place and then from there, utilize the RFQ to sort and set the Trades.

CONS

The inability to save a completed RFQ has frustrated me on occaistion, but the team at Vendor PM has been quick to provide help or offer a work around so all is not lost.

Matthew

Facilities Services, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2023

Great Tool to Grow Sales

We are focused on growing our overall business and share in the market.

PROS

The VendorPM platform allows us to expand our sales opportunities and makes our team aware of opportunities in our core markets and segments.

CONS

Not sure if it is within VendorPM's control but we have seen a lot of RFP's be cancelled recently.