Innovation Hall: Spotlight on Procurement Technology Providers

Procurement providers at the SIG Procurement Technology Summit

At the SIG Procurement Technology Summit, attendees will experience the latest procurement technology in a virtual Innovation Hall. These companies are using artificial intelligence, machine learning and robotic process automation to elevate the role of procurement, ignite innovation and impact the world.  

Featured here are company overview, solution overview, and company approach and process to help you learn more about the following virtual Innovation Hall technology providers:

apexanalytix - Supplier Portal Software

apexanalytix revolutionized recovery audit with advanced analytics and the introduction of firststrike overpayment prevention software. Today, apexanalytix leads the world in supplier management innovation with apexportal and smartvm, the most popular supplier onboarding and compliant master data management solution available. With over 250 clients in the Fortune 500 and Global 2000, apexanalytix is dedicated to providing companies and their suppliers the ultimate supplier management experience.   

Solution Overview

apexanalytix provides a comprehensive portfolio of products and services that help procure-to-pay teams work more efficiently and effectively and produce standout results. Our booth will feature: 

  • apexportal, a solution that streamlines registration and other supplier interactions. You get a single, central hub for every supplier, all your policies, and 100% of your source to pay systems. You can enforce policy compliance and can integrate fraud and risk management into the earliest stages of supplier lifecycle management – before new companies are added to your vendor master. 
  • smartvm, a solution that validates supplier data against 650+ external data sources and 32M+ scored supplier records. You can drive down duplicate payments and fraud, eliminate hidden risks and turn your vendor master into a trusted source of the truth for all your strategic P2P initiatives. 
  • apexrecovery, artificial intelligence-powered audits that help you find and recover more overpayments, build air-tight claims, and do it faster than ever before. Our highly experienced team of global audit experts analyze the root causes of errors and make recommendations that help you avoid future losses.   
  • firststrike, software that provides continuous protection against duplicate payments your ERP is unable to catch. To get even more out of your investment, we offer modules for fraud detection, analytics and reporting. 

We also plan to share our recent ratings by industry analysts at Spend Matters and to help you explore what our solutions can do for your procure-to-pay team. 

Approach and Process

apexanalytix has always been different, and our customers have rewarded us for that. Since becoming the first auditing firm to offer its own proprietary software to clients for their own use, we have been chosen by 98 of the Fortune 500 to serve as their auditing partner and software provider of choice. Today we protect $6.4 trillion in spend and prevent or recover over $3 billion in overpayments annually. 

One of the things that sets us apart: We believe company culture matters. We value a diversity of perspectives and experiences, nurture candor, give back to the communities where we live and work, and have fun working together. Above all, we firmly believe that the only way for us to succeed is to focus first on the success of our customers. 

Here are examples of what customers have to say about our values and how they impact the software and audit services we deliver.  

“It is the partnership that sets apexanalytix apart,” says the manager of accounts payable and credit card services for a major US airline. “It is ‘what do you need our software to do’ versus ‘here is what our software does or does not do.’” 

The director of shared services for a multinational personal care corporation describes us as a “proven performer.” “They know how to seamlessly interact with our suppliers, accomplishing solid results while maintaining positive, professional relationships,” he says. 

Connect

Company Twitter handle: @apexanalytix

Company LinkedIn page: https://www.linkedin.com/company/apex-analytix/

App Orchid – Enterprise AI Platform-as-a-Service

Company Overview

The App Orchid platform helps enterprises build AI-fueled apps. The App Orchid platform uses deep learning and natural language processing with business-specific content delivered through knowledge graphs, to create powerful predictive apps. App Orchid is one of the fastest-growing start-ups in the industry having been ranked #14 on Deloitte’s Fast 500 nationally and #12 on Inc. 5000 California’s most recent rankings.  

App Orchid has over 20 apps in production at Fortune 1000 companies. Its newest product, ContractAI, leverages the App Orchid AI platform to streamline the negotiations process and provide AI-powered analytics that were previously not possible.  

Solution Overview

ContractAI is an AI-powered SaaS-based solution that automates and streamlines the analysis, creation and negotiation of contracts. ContractAI utilizes AI to automatically ingest and analyze historical contracts to author templates based on terms that were proven win-win. It eliminates the painful redlining process by giving suppliers vetted clause options.  

Enterprises can streamline the terms of negotiation based on past learnings, thereby reducing exposure to high-risk terms and conditions. ContractAI also helps enterprises easily understand negotiation boundaries, legal and compliance implications, obligation intents and permissible thresholds, so they can make better-contracting decisions.  

Process and Approach

ContractAI V1.0 will launch in May and we are in the process of looking for enterprise procurement departments who are excited about the product to join our Early Adopter program. Our Early Adopter Program has the following benefits: 

  • Access to all three apps including all new product features and upgrades 
  • Opportunity to help influence the direction and growth of the ContractAI product 
  • No implementation fees   
  • Deep discount on annual subscription fees 

Please contact Amrita Joshi – amritaj@apporchid.com if you are interested in learning more.   

Connect

Company Twitter handle: @apporchid 

Company LinkedIn page: https://www.linkedin.com/company/app-orchid-inc/ 

COSTDRIVERS Inc.

Company Overview

COSTDRIVERS Inc., an Internet startup based in Delaware, provides information on prices and costs across most industrial sectors in a global Business Intelligence Platform/APP. The platform is designed to identify strategic opportunities for procurement, reduce costs and facilitate negotiations with suppliers to drive profitability. Our platform has over 30,000 global price indexes (40+ countries), cost breakdown analysis, 24-month forecast and budget function.

COSTDRIVERS Inc. was founded by former procurement professionals and is always looking for opportunities to digitalize the market intelligence function and help companies to negotiate better, gaining competitive advantage.

Over 200 clients, 20 of which are Fortune 500 companies, use the solution which can be deployed immediately in the standard format and customized afterward according to customer requirement.

Solution Overview

COSTDRIVERS offers over 30,000 commodities and industrial price indicators and thousands of Cost Breakdown Analyses, which help to confirm prices, trends, identify strategic procurement opportunities and reduce costs. Customers can directly access both historical information and 24-month forecasts, optimizing the time and resources to get reliable information.

Customers can set-up their cost breakdown analysis and contract/price alerts, not missing market opportunities. They can also set-up their budget and compare with internal costs, generating automatic reports and forecasts.

COSTDRIVERS uses factual and publicly available data, statistically smoothed to eliminate outliers. The information is collected using APIs or robots developed in-house. Should a customer require additional price indicators, we undertake to include them in the system, subject to availability of original data. One of the keystones of the system is Cost Breakdown (Teardown) analysis, where non-commodity products or services are analyzed in terms of their weighted cost components.

COSTDRIVERS™ generates 24-month forecasts using statistical methods, such as ARIMA or variants, involving co-variables (predictors) where available. Forecasts are continuously validated against historical predictions for the same period and are always available for client consultation.

We are specialized in turning data into insights for strategic decision-making for the procurement area.

Process and Approach

COSTDRIVERS platform/APP can be deployed immediately and be adapted according to the demand of the leadership and each procurement user. There is no setup fee. All training can be done on-line.

All the system is self-service, and our team is available for support. Should a client require additional price indicators, we undertake to include them in the system, subject to availability of original data.

COSTDRIVERS platform/APP was designed according to the requirements of our users and we will continue its development adding functionalities that add value to our customers' negotiations and price tracking.

Connect

Company LinkedIn page: https://www.linkedin.com/company/costdrivers/about/

Grubhub – Food Delivery App

Company Overview

Grubhub is a leading online and mobile food-ordering and delivery marketplace with the largest and most comprehensive network of restaurant partners. Grubhub features over 350,000 restaurants and is proud to partner with more than 165,000 of these restaurants in over 3,200 U.S. cities and London. Grubhub is at SIG on behalf of the corporate business that works with procurement leaders to feed thousands of hungry employees across America while they’re hard at work. 

Solution Overview

Grubhub Corporate helps procurement teams by offering meal perks to corporate clients, so their employees can enjoy their favorite restaurants wherever they’re working. Right now that means in their homes. This can be for virtual team meetings, celebrations, overtime needs and more. It’s pretty simple: the company provides employees with a budget, rules and restrictions, such as an ordering timeframe, and then gets a single detailed invoice with all orders consolidated at point of sale. 

Approach and Process

Knowing that cost savings is at the forefront of procurement leaders’ decision-making, Grubhub Corporate provides an expense management solution for food ordering across the U.S. We work with over 7,000 companies to cut costs and increase efficiencies while offering over 350,000 restaurants. There’s mandatory expense information capture at point of sale, full transparency into spend with a robust, back-end admin portal (includes detailed reporting), and one fully-coded invoice to streamline billing. From your first order to weekly meals, we’re here every step of the way.  

Connect

Company Twitter handle: @Grubhub 

Company LinkedIn page: https://www.linkedin.com/company/grubhub-seamless/

Guidant Global – Recruitment Outsourcing Specialists

Company Overview 

At Guidant Global, we help businesses across the globe manage their workforces more effectively. We design managed services (MSP), recruitment process outsourcing (RPO) and statement of work (SOW) programs that save businesses money, reduce risk, and allow firms to attract and retain the best temporary, contingent and permanent talent. 

We champion a better, more forward-thinking way of working; moving away from the embedded staffing industry mentality of “recruitment by numbers” and take a wider perspective, by shifting the focus to people – the vibrant force that drives thriving businesses and creates energy and opportunity. 

Solution Overview  

We provide businesses with agile, scalable talent acquisition and resourcing strategies, working closely with procurement teams to define success. We build workforce programs that work best for the customer — and keeps on working the way businesses want as they adapt to shifting market conditions.  

For us, providing businesses with significant cost savings, consolidated invoicing, compliance, visibility and control are a given. We take a strategic approach, employing the latest industry innovations such as strategic workforce planning, employer branding strategy and workforce analytics to ensure that programs work not only today, but in the future, too. 

We employ the best people from across the workforce solutions industry, utilizing their substantial expertise, best practice processes and innovative technology to deliver better talent pools, better candidates, better recruitment experiences and ultimately, better solutions. 

Approach and Process 

All of our programs feature executive oversight. Because of this, our customers can expect in-person program review sessions with our leaders. In these, we discuss ongoing industry best practices and strategic workforce planning.  

Our hands-on approach to our services (i.e., on-boarding, managing and exiting workers) and quality-first business philosophy, means that we get things right from the onset. 

We understand that workforce solutions will not succeed without strategic alignment with our customers. Every program Guidant manages incorporates individual quality goals and performance metrics as we launch our relationship during a program’s implementation.  

Our quality management system encompasses quality relative to assigned candidates, participating suppliers, program tools and Guidant personnel. Guidant pledges our achievement in these areas by structuring a clearly defined Service Level Agreement (SLA), applicable for the term of the program. 

The benefits of a Guidant Global solution include:  

  • Increased visibility  
  • Agility  
  • Cost savings (5% to 15%)  
  • Scalability 
  • Global reach (80 countries)  
  • Compliance  

On average, a program takes approximately 14 weeks to implement. Implementation costs are included in our supplier-funded model and are at no cost to customers. When a program is properly structured, it reduces the cost of sales for a supplier, not the gross margin, while lowering bill rates and costs for our customers. 

Connect 

Follow on Twitter: @Guidant_Global 

Connect on LinkedIn: https://www.linkedin.com/company/guidant-global/ 

IntegrityNext – Supplier Sustainability and Compliance Monitoring

Company Overview

IntegrityNext is a software company based in Munich that specializes in supplier sustainability and compliance monitoring. Founded in 2016 by Martin Berr-Sorokin, Nick Heine and Simon Jaehnig, IntegrityNext has made a rapid rise in the procurement technology world. Most recently, IntegrityNext was approved by the Association for Supply Chain Management, Procurement and Logistics (BME) as a leading platform for sustainability and included on the Spend Matters 50 To Watch list for 2020. 

IntegrityNext is an official SAP Silver Partner and works closely with standard-setting institutions like Fairtrade, the UN Global Compact, RMI and GRI. Having won multiple awards for its UX, interface and navigation, IntegrityNext delivers tangible value to the procurement function with a strong focus on the customer. 

Solution Overview

IntegrityNext enables companies to monitor 100% of their suppliers for sustainability and compliance in order to meet regulatory requirements, increase transparency and reduce risk. The IntegrityNext platform automatically obtains the required supplier self-assessments and certificates while monitoring social media for malpractice and reputational risks. Among others, IntegrityNext covers Environmental Protection, Human Rights & Labor, Health & Safety, Diversity, Anti-Bribery & Anti-Corruption, Supply Chain Responsibility, Data Protection, Cyber Security, Quality Management, Financial Information, Blacklist & Sanctions, Conflict Minerals, REACH and RoHS. Companies in over 130 countries are using the IntegrityNext platform, including industry-leading companies such as Clariant, Fujitsu, Miele, OSRAM and Siemens.

Approach and Process 

We are proud to offer a ready-to-use platform that requires no implementation phase, giving procurement teams instant access to data and actuating their sustainability efforts without a long ramp-up. Our support team and dedicated customer success managers support our customers on every step of the way to ensure they are getting the most out of our solution. This goes from the initial set-up to supplier adoption, to looking for ways to improve the performance constantly, informing our clients of updates, new features, etc., and assisting with any questions that may come up. To guarantee client satisfaction, our customer success managers take a pro-active approach and are in close contact with their clients at all times via phone, email or even face-to-face sessions. Our focus on usability contributes significantly to our extraordinarily high client satisfaction and supplier response rates. 

Connect 

Company Twitter handle: @integrity_next

Company LinkedIn page: https://www.linkedin.com/company/integritynext/

Medius – Spend Simply Managed

Company Overview

Medius is a leading global provider of cloud-based source-to-pay solutions, helping companies drive their business forward by providing best-in-class efficiency, cost-saving opportunities and greater financial control.   

Medius offers a modular yet complete spend management suite with effective and intuitive tools to support the entire source-to-pay process. From sourcing and onboarding new suppliers to purchasing and managing invoices, Medius enables a streamlined and easy process for users across the organization.  

With all spend and process data in one cloud-based solution, Medius also provides finance and procurement teams with the data and insights they need to stay in control of cost, cash and compliance to meet their business’ unique needs. Our full source-to-pay suite also includes accounts payable invoice automation for unprecedented levels of automation through payment.  

Over 3,500 customers and 450,000 unique users worldwide leverage Medius’ source-to-pay solutions, managing transactions worth more than $100 billion annually. Founded in 2001, Medius has over 350 employees and offices in Sweden, the United States, United Kingdom, Australia, Denmark, Norway, the Netherlands and Poland.  

Solution Overview

The Medius Spend Management Suite is a modular approach to managing spend throughout your organization. In a nutshell, Medius Spend Management enables our customers to easily find the right suppliers, buy and pay for what they need and do so with full control and compliance.  

Medius enables our customers to:  

  • Enroll and manage supplier information 
  • Hold sourcing events  
  • Manage contracts  
  • Procure products and services  
  • Manage invoice approval processes  
  • Make electronic payments  

These processes occur with the insights and benchmarks necessary to make data-driven decisions. Medius also connects back to your ERP with seamless integration while also connecting you to an ecosystem of external partners to ensure the solution meets your specific needs. We have prepackaged integrations with most common ERPs as well as Solution Services, such as DocuSign, American Express and Amazon.   

Medius Spend Management offerings are available individually or in combination with others:  

  • Supplier Information Management – self-service onboarding and account management  
  • Sourcing – quickly secure goods and services at the best price  
  • Contract Management – a secure repository for contracts that notifies you in advance for renewals and terms  
  • Procurement – buy what you need from approved vendors  
  • AP Automation – automate invoice processing to deliver efficiencies, visibility and control  
  • Supplier Relationship Management – build better supplier relationships through collaboration  

Connect

Company Twitter handle: @mediusgroup 

Company LinkedIn page: https://www.linkedin.com/company/medius/ 

PRO Unlimited – Contingent Workforce Management

Company Overview

In 1991, PRO Unlimited pioneered contingent workforce management when companies were just beginning to recognize the strategic potential of contingent workers. That trend has only accelerated since then and PRO has expanded its leadership role with a highly experienced staff and a unique value proposition that combines a truly vendor-neutral Managed Service Provider (MSP) and Vendor Management System (VMS) solution. PRO’s professionals help enterprises build well-managed contingent labor programs, enabling them to secure the best talent at minimal cost, while managing risk and demonstrating compliance for companies worldwide.

Solution Overview

PRO Unlimited helps the world’s most competitive, highly visible companies successfully source, track and manage high-quality contingent talent, while effectively managing costs and risks. PRO's Managed Services Program (MSP) model, with its fully integrated, award-winning Vendor Management Software (VMS) platform, provides clients with a unique value proposition. PRO’s primary service offerings fall into four categories:

  • Vendor-Neutral MSP/VMS
  • IC Classification Consulting
  • Third-Party Payrolling
  • SOW Management

Approach and Process

PRO Unlimited is a diverse, global team of pioneers, innovators and problem-solvers with interdisciplinary expertise. The function of contingent workforce management does not simply consist of a single area of focus – our team draws knowledge from various fields such as Strategic Sourcing (supplier and market-rate management), Human Resources (talent acquisition, HRBP, worker experience, operations) and Legal (localized employment laws and regulations).

Plus, what our clients see onsite is just the tip of the iceberg – our teams consistently leverage an army of subject-matter experts behind the scenes to seamlessly drive delivery and best practices. This service excellence delivered through our people is the foundation of our purely vendor-neutral MSP solution. When companies need a strategic partner to truly optimize their contingent workforce, they trust our team’s real-world experience. PRO’s MSP enhances clients’ sourcing teams with consulting services powered by a vast repository of data, analytics and proven strategies to execute.

Connect

Company Twitter handle: @ProUnlimited

Company LinkedIn page: https://www.linkedin.com/company/pro-unlimited/

Scout RFP, a Workday company – Sourcing and Procurement Software

Company Overview

Scout RFP, a Workday company, powers the next generation of intuitive sourcing software, making enterprise commerce faster and more transparent. With the customer at the heart of Scout’s product, company and mission, Scout RFP is transforming sourcing and procurement processes into a strategic advantage for over 240 brands around the world. The Scout RFP platform empowers organizations of all sizes to streamline sourcing operations, improve supplier partnerships and supply chain visibility, and manage risk to aid business continuity. 

Scout RFP makes strategic sourcing simpler, smarter and more streamlined than ever before. Its intuitive, cloud-based platform – encompassing everything from project intake through sourcing pipeline to contract and supplier management to RFx and reverse auction tools – closes the loop on sourcing and, in the process, empowers collaboration, centralizes data, makes processes more transparent and, ultimately, drives better business outcomes. 

“We founded Scout RFP with the idea to rethink strategic sourcing and help businesses create even more impact with their procurement processes. Five years later, we have nearly 300,000 global Scout RFP users and a growing team of innovators,” said Alex Yakubovich, Co-Founder and Vice President of Scout RFP. 

With Scout, Sourcing leaders and their teams gain: 

  • More visibility into savings, sourcing project pipeline, supplier performance and more 
  • Greater confidence in managing contract- and supplier-related risks 
  • Better buy-in and accountability across business stakeholders and suppliers 
  • Scalable collaboration tools to communicate with suppliers, team members and stakeholders in real-time, in one place 

Solution Overview

To compete in today’s world, sourcing and procurement professionals need technology that streamlines supplier workflows, breaks down departmental silos, and makes it easy for business users to engage and align with sourcing across the enterprise. Scout RFP’s collaborative, cloud-based solution makes sourcing a truly strategic arm of the business by providing greater visibility throughout the entire sourcing and supplier engagement process.  

Scout’s intuitive platform makes it easy for procurement teams, stakeholders, and suppliers alike to get up and running with minimal training. With capabilities for sourcing project management, project request intake, contract management, team chat, reverse auctions, supplier performance management, and more, procurement teams have a one-stop-shop for managing all sourcing spend. That’s why over 300,000 users in 155+ countries rely on Scout’s award-winning platform to get more spend under management and make a bigger business impact. 

Approach and Process

At Scout RFP, a Workday company, we’ve always said that we obsess over our customers, and we mean it. Scout RFP has a culture that is passionate about people, integrity and innovation, and we are especially passionate about our customers’ success. We constantly incorporate our customers’ valuable feedback into our product to make it even better and we are always ready to help procurement achieve greater business impact in the shortest amount of time.  

Connect

Company Twitter handle: @ScoutRFP 

Company LinkedIn page: https://www.linkedin.com/company/scoutrfp/ 

Approach and Process 

Medius empowers 450,000 users, managing over $100 billion of spend across 102 countries. We pride ourselves on our experience and expertise in working with customers across a diverse range of industry sectors, delivering better value from their buying and invoice management processes.  

Thanks to our modular approach, you can select to deploy one, several or all modules depending on your organization’s needs. We’re flexible and always here to support your business throughout your journey toward more controlled and efficient spend management. You can expect to get up and running quickly and easily with an intuitive, cloud-based solution and start realizing savings from day one with efficient process and total spend control.   

We benchmark our solutions by the success of our customers, and we’re proud to share that we have a 98% retention rate. Our customers awarded us with the highest recommendation rating in the industry. We keep building on our best practices, taking a large portion of our product vision from close working relationships with procurement and finance leaders. Customer success is part of every offering.   

Connect

Company Twitter handle: @mediusgroup  

Company LinkedIn page: https://www.linkedin.com/company/medius/

Seal Software – Enterprise Contract Analytics 

Company Overview 

Seal Software is the global leader in enterprise contract analytics. With Seal’s machine learning and natural language processing technologies, companies can use artificial intelligence to find and organize contracts across their networks and repositories and to quickly understand the risks and opportunities hidden in their contracts.  

Seal empowers enterprises around the world to maximize revenue opportunities, reduce costs and mitigate risks associated with contractual documents. Seal every contract. Seal every day. At the time of writing, DocuSign, the leader in eSignature technology and the Agreement Cloud, intend to acquire Seal Software within their Q2FY21. 

Solution Overview  

Seal Software improves procurement’s value to the business in the following ways: 

  • Cuts time to information by up to 80% – Contract consolidation, cleanse and central access; fast, accurate and complete search. 
  • Improves efficiency – Metadata extraction; AI-powered analysis; compare contract data. 
  • Provides insight and answers – Dashboards; spend analytics augmentation; granular reporting. 

Approach and Process 

Seal Software’s industry knowledge help customers in the following ways: 

  • Save money 
  • Assess and manage risk 
  • Stay compliant 
  • Manage to their agreements for optimal outcomes 
  • Drive global contract visibility 

Connect 

Follow on Twitter: @SealSoftware 

Connect on LinkedIn: https://www.linkedin.com/company/seal-software-group  

Join the digital adventure and learn about all the companies that will be in the virtual Innovation Hall. Registration is FREE for SIG member companies and buy-side executives who are non-members may qualify for free attendance using code “SIGERT” during registration.  

>>Learn More: http://www.cvent.com/d/yyqvvs/4W?RefID=blog_reg_spring2020  

VNDLY – Contractor and Vendor Management System

Company Overview

VNDLY (vendor + friendly) is transforming the way companies manage their external workforces. Our cloud-native vendor management system (VMS) provides our clients with a sophisticated solution in an easy-to-use platform, creating an integrated way for companies to manage total talent acquisition, external workforce management, statement of work and independent contractor compliance.  

Unlike legacy software systems, VNDLY’s VMS platform is easily customizable in real time, with the click of a button. And if a client needs to request a new function or an update to an existing function, our customer service team will respond quickly, much faster than the traditional help desk tickets that may take weeks to resolve. Our software developers are diligent and committed – they issue updates every few days, instead of twice a year.   

Built on a corporate philosophy we call The VNDLY Way, we operate with a savvy, yet modest sensibility. We know our clients need reliable, industry-leading technology and access to unrivaled customer support. Open, honest conversations help us continually improve our offering, providing insights into real-life customer problems that we find ways to solve.  

Solution Overview

No matter what solutions your company needs to successfully manage your workforce, VNDLY has a configurable platform that can incorporate as many or as few components as you need. Our modules support total talent acquisition, external workforce management, statement of work and independent contractor compliance. And VNDLY’s configurable workflow offers one of the simplest and most adaptable VMS platforms in the industry.   

VNDLY’s VMS technology surpasses the offerings from legacy systems, providing an easier-to-use solution that can integrate seamlessly with existing tools used in HR, procurement, finance and other departments. Our clients have successfully incorporated VNDLY as part of digital and agile transformations, with procurement teams taking on more significant roles within their companies. 

Our technology allows users to establish clear communication between clients and vendors, removing barriers to project success using technology that functions across all devices without requiring any additional apps. 

Our scalability, repeatability, and usability are unmatched. Each client brings unique program needs, and VNDLY is ready to accommodate those requirements while remaining scalable to meet changing operational needs. Clients build best practices through our repeatable processes, often moving beyond procurement to the larger organization. And our platform was designed with people in mind. We created a tool that’s as easy to configure as your smart phone, so you can find talent in an instant and modify functionality when needs change. 

Process and Approach

Adopting VNDLY’s cloud-native solution gives procurement leaders the tools they need to transform their practices while improving day-to-day operations. Our four modules – extended workforce management, total talent management, independent contractor management and statement of work – allow procurement teams to become nimble and agile while moving their focus to strategic business planning instead of merely tactical work.  

Our technology simplifies the implementation, integration and change management issues many VMS users face. Once the tool is in use, procurement teams will realize increased opportunity for growth in all areas, including statement of work, talent pool management, payrolling options and independent contractor management. We work with clients to configure a solution that generates the necessary reporting so they can uncover unmanaged spend, decrease operational costs and improve overall efficiency.  

Our clients tell us choosing a VMS technology isn’t always about cost. They chose VNDLY because they were looking for a platform that would genuinely work for their employees, not just check the boxes when comparing features. And, they wanted a reliable, accessible customer support team paired with integration capabilities and customizable configuration. VNDLY is their choice. Should it be yours? 

Connect

Company Twitter handle: @vndly 

Company LinkedIn page: https://www.linkedin.com/company/vndly/ 


Join the digital adventure and learn about all the companies that will be in the virtual Innovation Hall. Registration is FREE for SIG member companies and buy-side executives who are non-members may qualify for free attendance. Email events@sig.org to request your free ticket.   

 
 
Stacy Mendoza, Senior Marketing Manager

Stacy Mendoza is a Senior Marketing Manager with Sourcing Industry Group (SIG). She began her career as an editor for a Washington, D.C.-based market research firm where she worked on projects for political campaigns, nonprofits, and major corporations and brands. Since 2014, she has assumed progressive levels of responsibility in leading marketing and public relations campaigns and specializes in content creation, social media marketing, data analytics, media relations and crisis communications. Stacy holds a Bachelor of Arts degree in English from The Florida State University in Tallahassee, Florida, a certificate in proposal writing from The Graduate School in Washington, D.C., and is Inbound Certified through Hubspot Academy. Follow her on Twitter and tweet at @SIG_Stacy.