What we do …

Proactively monitoring your vendor contracts​

Vendortell continuously monitors your purchase data and determines the amount of discounts, advertising subsidies, or kickbacks you are entitled to - regardless of the complexity of your contract. We will notify you if your purchases are aligning with expectations or if you are at risk of missing out on valuable incentives.

Facilitate informed contract negotiations

Vendortell provides insights into your purchasing trends and historical vendor interactions. Thinking about switching vendors? You can easily access detailed purchase histories for specific items or item groups.

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Easily access vendor purchase data with just a click​

Vendortell will show you which vendors have the most attractive incentive models compared to your other vendors.​

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Manage discount realisation​

Each contract can be designated with how the kickbacks or discounts will be received from your vendor. Vendortell ensures that you are promptly notified of when to take action, whether it involves sending an invoice, receiving a check, or utilising other methods of payments like discount on next purchase.​

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Contract Management​

The vendor contract is easily accessible at all times, allowing you to categorise vendors with relevant tags such as whether they require renegotiation or documentation. All interactions and activities related to a vendor or vendor contract are meticulously tracked, enabling your purchasing department to input notes when engaging with vendors.​

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Proactively keeping you informed of critical actions​

We offer assistance with configuring Vendortell to send you reports containing relevant information. Many of our users receive summaries of contracts where the purchase amount does not meet expectations. You have the option to set triggers for when to receive this information - for example, if the purchase amount from a vendor decreases by x percent over a specific period.​

How we do it …

Connecting to your purchase data​

Vendortell serves as an integration platform capable of receiving data through various methods. Our system is equipped with multiple data connectors to seamlessly sync with popular ERP software and can effortlessly load file-based data from more specialised software. Additionally, our API facilitates data transfers for those who prefer this method.​

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Contractual calculations

Vendortell offers a calculation engine with customisable templates that define when discounts or fixed amounts are activated in the contract. For instance, a template enables you to set a fixed discount and a bonus discount for specific purchase thresholds.​