Trusted by 200+ Procurement Teams

Vendor Management with ML-Powered Spend Forecasting

Predict vendor spend trends. Score vendor risk. Track compliance. Group similar vendors with K-means clustering.

vs. Coupa, Jaggaer, SAP Ariba (80% cheaper)

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Unlimited vendors

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Vendor Management Features

Everything You Need to Manage Vendors

From vendor onboarding to risk assessment, spend forecasting to consolidation—all powered by machine learning.

ML-Powered Spend Forecasting

Predict vendor spend 6-12 months ahead using polynomial regression. Identify budget overruns before they happen.

Vendor Risk Scoring

Random Forest algorithm analyzes payment history, compliance, and performance to score vendor risk automatically.

K-means Vendor Clustering

Find redundant vendors and consolidation opportunities with ML clustering. Save 15-30% through strategic consolidation.

Insurance & Compliance Tracking

Track certificates of insurance, W9s, and compliance documents. Get alerts 30/60/90 days before expiration.

Vendor Self-Service Portal

Let vendors update their own information, submit invoices, and track payment status—reducing your admin workload.

Contract Lifecycle Management

Track vendor contracts from RFP to renewal. Never miss a renewal deadline or auto-renewal clause.

Built for Compliance & Security

SOX Audit Trail

Complete change tracking

W9 Management

Tax ID verification

Insurance Tracking

Certificate expiration alerts

AES-256 Encrypted

Enterprise security

Real-Time Analytics

Vendor Analytics That Drive Decisions

Track vendor performance, predict spend, identify risks, and find consolidation opportunities—all in a beautiful, intuitive dashboard.

ML-powered spend forecasts (6-12 months)
Vendor risk scores with contributing factors
K-means clustering for consolidation
Compliance status and expiration tracking
Contract renewal calendar view

Vendor Analytics Dashboard

127 Active Vendors

$4.2M

Annual Spend

8.3

Avg Risk Score

$580K

Savings Potential

High risk vendors12 alerts

Expiring compliance docs23 expiring

Consolidation opportunities6 clusters

Simple Workflow, Powerful Insights

Get up and running in minutes. Import your vendors, upload contracts, and start managing smarter.

Step 1

Import Vendors

Bulk import vendor list with contact details and contract information.

Step 2

Upload Contracts

AI extracts key terms, values, and renewal dates from contracts.

Step 3

Track Compliance

Monitor insurance certificates, W9s, and compliance documents.

Step 4

Optimize Spend

ML forecasts spending and identifies consolidation opportunities.

Simple, Transparent Pricing

Flat-fee pricing. No per-vendor fees. No hidden charges.

Professional Plan

$590/month

Everything you need to manage vendors professionally

Up to 10 procurement team members

Unlimited vendors and contracts

ML-powered vendor risk scoring (Random Forest)

Spend forecasting with polynomial regression (6-12 months)

Vendor clustering with K-means (find redundant vendors)

Insurance certificate & compliance tracking

Vendor self-service portal

Contract lifecycle management

W9 & tax ID document tracking

Vendor performance scorecards

Spend analytics and trends dashboard

Background check and reference tracking

Vendor consolidation recommendations

Compliance expiration alerts

Export to CSV, Excel, PDF

80% cheaper than Coupa, SAP Ariba, or Jaggaer

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Need Enterprise features? Contact us for custom pricing.

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Join 200+ procurement teams who save 15-30% through strategic vendor management with VendorIQ.

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