What's New in Vendr's Product?

Hi there,

We've just released the ability to start any purchase request from anywhere in Vendr. 🎉

Now you can:

• Have your team start any purchase request from the same URL. Send it to them to bookmark: https://app.vendr.com/requests/launch 🙏
• Start a renewal even if you don't have last year's contract in Vendr

And we gave the intake a new coat of paint so it has a more delightful look & feel.

Take a look and let us know what you think!

Hi there,

Our new spend report feature allows customers with Premium Procurement to seamlessly integrate their accounting and finance data from platforms like NetSuite, QuickBooks, or Sage Intacct. Gain access to both aggregate-level and individual supplier reporting.

Export accrual-based or invoice/cash-based reports effortlessly. The default accrual spend view amortizes the entire contract amount over its duration, providing insights into whether you are underpaying or overpaying at any point in the contract. Switch between time frames or view a 12-month trailing perspective for historical data analysis. Drill down into reports for detailed transaction information or switch to an invoice view to see cash outflows.How This Helps Customers

1. Real-Time Visibility and Control: Gain unparalleled visibility into your contracted spend with real-time tracking and management, ensuring you always have an accurate picture of your financial commitments.
2. Proactive Spend Management: Proactively manage your contracted spend by identifying and addressing areas of overcommitment or underutilization.
3. Strengthening Vendor Relationships: Enhance your relationships with vendors through transparent and informed discussions, leading to more favorable terms and stronger partnerships.
4. Strategic Renewal Management: Transform your renewal management by aligning your contracted spend with your business objectives, driving success and contributing to your overall growth.

Who gets access

Customers who add-on Premium Procurement will have access to these new reports. Customers using our old integration style will receive communication to update however we will offer a grace period through Q2.

Additional Resources

Video
​Product Overview
​FAQ
​Setup Help

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Cheers,
Alex
​

Hi there, now live is a new workflow plan type called "Other"!

Unlike the "New Purchase" and "Renewal" templates, this workflow plan has no required questions or steps so you can use it for procurement-adjacent processes that do not result in contracts, like NDA collection or security reviews.

​How it Works:

When clicking the "Create template" button on the workflow templates page you will see "Other" as a new workflow type. The only requirement you will see is that the template has an intake form by default. This intake form is blank for you to customize as you see fit.

For more details, see this help article.

Hi there, staying on top of your procurement activities just got easier with Vendr's new In-App Notification Center!

We understand that with numerous tasks, workflows, and contracts, it can be challenging to track every important update.

Our Notification Center centralizes all your alerts in one place, ensuring you never miss critical information and can respond more quickly to changes and tasks in your procurement process.

How It Works:
The Notification Center brings together all notifications — from task readiness, workflow mentions, to contract renewal alerts — in a unified, easy-to-navigate interface.

You'll receive real-time updates on tasks assigned to you, @mentions in workflows, comments on workflows you're involved in, and alerts on upcoming contract renewals.

With features like marking notifications as read/unread, archiving, and filtering, managing your notifications becomes a breeze.

Plus, with direct links in each notification, you're just a click away from the relevant page in Vendr.

For more detail, see this help article.

Hi there, staying on top of your procurement activities just got easier with Vendr's new In-App Notification Center!

We understand that with numerous tasks, workflows, and contracts, it can be challenging to track every important update.

Our Notification Center centralizes all your alerts in one place, ensuring you never miss critical information and can respond more quickly to changes and tasks in your procurement process.

How It Works:
The Notification Center brings together all notifications — from task readiness, workflow mentions, to contract renewal alerts — in a unified, easy-to-navigate interface.

You'll receive real-time updates on tasks assigned to you, @mentions in workflows, comments on workflows you're involved in, and alerts on upcoming contract renewals.

With features like marking notifications as read/unread, archiving, and filtering, managing your notifications becomes a breeze.

Plus, with direct links in each notification, you're just a click away from the relevant page in Vendr.

For more detail, see this help article.

Hi there,

We have made some significant improvements to the workflow builder panel. Learn more below!

Document Visibility: Documents are now much more prominent, no longer tucked away in the questions section. You can now specify which documents and their types should be uploaded throughout the workflow. Those types are automatically added to the document when uploaded.

Flexible Step Reordering: You can now rearrange questions, documents, and tasks within the plan using a drag-and-drop interface. No more deleting and starting over!

Enriched Descriptions: You can now add detailed instructions for approvers by incorporating descriptions and links to any document, question, or task.

Intuitive Design: All this and a more intuitive interface that clearly displays the type of question being added.

We hope you love these new changes! Send us a note if you have feedback about this new update or additional ideas for how we can make Vendr better!

Hi there,

We've set up hundreds of workflow plans, and we know that simpler is better.

To reflect that, we've simplified default workflow templates in Vendr to make it easier to get your company set up and go the next time you're building a template from scratch.

Here's a screenshot of the new template:

Cheers!

Hey there,

Our brand new Getting Started Guide is a one-stop resource for any Vendr user who will be involved in requesting or approving software purchases for your organization. We are excited to share and please reach out if you have feedback or questions!