What Is VendorPM?
VendorPM is a software-enabled marketplace that modernizes how property managers work with vendors through enhancing vendor management, sourcing, procurement & compliance. This one-of-a-kind two-sided marketplace allows property managers to connect with vendors to fulfill projects and contracts of all sizes and scopes while enabling vendors to market their services effortlessly. Today, VendorPM serves 30,000+ vendors, 100+ property management groups, and 5000+ buildings across the US and Canada.
Who Uses VendorPM?
VendorPM hosts service vendors, PM firms, and individual PMs on a comprehensive marketplace to facilitate service requests for commercial real estate including condos, hotels, retail, and more!
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Reviews of VendorPM
One of the Best Vendor Softwares
VendorPM interface is very easy to use. We have been using this software for over an year and would totally recommend for anyone else on contractor side (which we are). From new RFQs to jobs awarded, VendorPM has streamlined every single step.
Small little bugs, however VendorPM team is very approachable and they take the suggestions very seriously
Comments: We have solved the problem of receiving estimates from contractors with an accurate scope of work. The program allows us to upload a customized scope of work to a procurement system that ensures that any contractors providing an estimate on a specific job, do so by using the scope of work that we have developed. This keeps the quotations fair and comparable (apples-to-apples). The program also allows us to track all of the routine maintenance items that might occur in a calendar year of operation at a condominium online. This calendar feature provides our employees with the ability to implement an annual plan which reminds them to obtain estimates for seasonal items such a sprinkler start/stop, window washing, garage cleaning and more so that our employees are actively managing upcoming projects in an organized fashion.
The most valuable feature on VendorPM is the ability to solicit competitive bids from qualified contractors. In the condominium management industry, there are many companies that compete to provide contracting services, with a variety of qualifications, market share and infrastructure. VendorPM allows us to procure estimates in bulk, with the touch of a button and request proposals for various services from as many contractors as we wish. This keeps the receipt of estimates streamlined and efficient, and allows for a high volume of estimates to be procured, keeping contractors accountable to adhere to market rates due to the high level of competition.
The program does not have a feature to sync with our Outlook calendars. This would be useful so that when our employees solicit bids or are reminded by the program to solicit bids, that they can view these reminders in their calendars.
Comments: Its a good system however there is still some tweaks that need to be solved. I've discussed with my contact at VenderPM.
Easy to use and get quotes and great service people to help you when there are issues.
A lot of contractors who are on the system tend not to respond through VenderPM. If they do respond, they email me the quotes directly. Also, when I'm submitting an RFQ, a lot of contractors just ignore the request and I have to follow up.
Great Tool to Grow Sales
Comments: We are focused on growing our overall business and share in the market.
The VendorPM platform allows us to expand our sales opportunities and makes our team aware of opportunities in our core markets and segments.
Not sure if it is within VendorPM's control but we have seen a lot of RFP's be cancelled recently.
VendorPM is Great !
Comments: Very good, the VendorPM team is amazing and this platform has boosted our business and client network immensely.
Easy of use and client support is great !
At first the navigation of some pages was redundant, but these concerns were addressed by the software team very quickly.