What Vendr does

Vendr is an AI-powered software buying and procurement platform that helps companies avoid overpaying for SaaS by providing real market pricing and executing negotiations. It draws on a large pool of verified software spend data to benchmark quotes and identify where buyers are being overcharged before and during purchases and renewals.

Key capabilities

A Pricing Agent provides real-time pricing benchmarks, market comparisons, and negotiation insights showing which terms typically move. A Negotiation Agent reviews contracts to flag overcharges and renewal traps and can run email-based negotiations on the customer's behalf, with human oversight. Vendr also tracks upcoming renewals and offers API infrastructure for procurement workflows. Its data draws on 130,000+ negotiations across 4,500+ suppliers, and the platform is SOC 2 Type II and GDPR compliant.

Who it's for

Vendr is built for finance teams without dedicated procurement staff, procurement teams managing large software portfolios, and enterprises seeking to cut manual negotiation work and capture savings on renewals.