Vendr is a software buying platform for finance and procurement teams. Its features include pricing benchmarks for B2B software and AI tools, negotiation insights, contract reviews and autonomous negotiations. The service is delivered as a web application with integrations into procurement workflows, and an API gives access to pricing and negotiation data. It is aimed at companies with or without a dedicated procurement function.
Vendr, Inc. is a Delaware corporation with an office in Boston, and the company describes itself as part of Vertice; the website does not say who owns Vertice. The website shows a GDPR badge, SOC 2 Type II certification and a data processing addendum, but does not state where customer data is hosted. As a US-headquartered provider, Vendr is subject to US legal access powers such as the CLOUD Act, regardless of where data is stored. European organisations should review the subprocessor list and the data processing addendum before sharing contract or invoice data.