What is VendorPanel ?
VendorPanel simplifies procurement, reduces risk and drives savings. It is an easy-to-use, award-winning platform, trusted by over 2,400 buying organisations to manage $2.4 billion in spend last year.
The problem we solve is a big one. Up to 60% of procurement is decentralised and hidden in email. This presents a real risk to transparency, governance and probity. Too often, this spending delivers poor value, with little real competition and no reporting or analytics.
VendorPanel gives a procurement function full visibility and control of decentralised sourcing. Buying staff get competitive quotes and proposals from the right suppliers. Procurement Teams get transparency of sourcing, with real-time reporting and analytics. Executives can mitigate risk, drive savings, and deliver positive social and economic development impacts.
Recent Awards
2018 Most Innovative Use of Technology in Procurement, CIPSA
2018 Top 20 Winner, Westpac Businesses of Tomorrow
2018 Excellence in RegTech (Finalist), FinTech Australia
2016 Entrepreneurial Supplier of the Year, PASA
2014 Best Government Technology, Victorian AIIA State Merit Award
2014 Deloitte Technology Fast 500 (Asia Pacific)