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Review on VendorVerifier by Wayne Moody

Revainrating 5 out of 5

Easy way how procure and manage supplier performance

The ease at which you can create reports for each stage of procurement process as well as being able to send that report directly into invoicing system makes this tool very useful. The reporting capability needs some improvement so we could have more options when creating our own customised requirements list using vendor's internal data sources or even third party systems such as ZoomInfo etc. I would recommend anyone who has an active Procurement department within their organisation should consider purchasing this software because its easy user friendly interface will make any Procurement team member use product without hesitation. We are solving problem related to having proper view regarding risk profile for all vendors participating in procurement contract from first bid opportunity till final payment was made by customer against goods purchased under respective contracts.

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Pros
  • Easy way how one may setup required workflows with minimal effort, ability track risks associated both during bids/RFx phases through stages up until purchase order is approved (and then delivered), possibility see real time statuses about current RFQ phase including potential suppliers' answers received along side information what supplier submitted his proposal via e mail link provided upon submitting initial request just few clicks away! All these features combined gives me
Cons
  • There are nuances

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