Newswire Agents of Tech

VendorPM Adds Contract Management to Platform

Procurement and vendor management platform VendorPM, has launched its Contract Management module. VendorPM is now the only solution in the industry to unify vendor credentialing, e-tendering and contract management into a single, streamlined workflow, eliminating the inefficiencies of fragmented systems and multiple logins.

Property management professionals have long struggled with disconnected point solutions and manual processes when managing vendor relationships, leading to unnecessary risk exposure, inefficient processes and an overall lack of visibility and governance. VendorPM’s new Contract Management module addresses these challenges by centralizing contract storage, automating renewals and AI-driven analysis to drive costs down within one platform.

“Our mission since day one has been to modernize and streamline vendor management for property managers across North America,” said Emiel Bril, CEO and co-founder of VendorPM. “With the launch of our Contract Management module, property managers no longer have to juggle multiple logins, disparate systems and manual workflows. From vendor onboarding to contract management and compliance tracking, everything is now accessible in one seamless experience.”

The announcement follows a year of enhancements by VendorPM, including Yardi ERP Integration; AI-Procurement CoPilot; RFX Templates (reusable, customizable RFP/RFQ templates to streamline procurement processes, ensure consistency and save time across all tendering activities) and scalability for enterprise clients.