Vendr

Vendr is a software purchasing service focused on SaaS and software contract negotiation. Finance and procurement teams use it to check a vendor's quoted price against Vendr's benchmark data from a large set of past software deals and to review contracts for renewal traps or hidden terms. They can hand off active negotiations to Vendr's team or use its AI negotiation agents, which work with suppliers by email under human oversight. It is now part of the company Vertice. Vendr reports its customers have saved a combined total in the billions of dollars and states an average savings rate of 18.4%. It serves companies with and without a dedicated procurement function. Pricing is not listed on its site and is quoted per contract.

This fits a company that buys a meaningful volume of software each year but lacks a team with the time or leverage to negotiate every renewal. A good first project is the largest software renewals coming up in the next two quarters, where price benchmarking and negotiation support pay for themselves fastest. Third-party sources cite starting prices around $35,000 to $38,000 a year for a smaller software portfolio, rising toward $40,000 to $80,000 a year for a larger, more active purchase list; treat these as planning figures and confirm directly. Watch how much of the negotiation Vendr's AI agents handle on their own and make sure a human on your side still reviews terms, and check whether its published savings figures reflect a vendor mix similar to yours.