Vendor management is no longer a back-office operation. In 2025, the need for sophisticated vendor management software (VMS) has become very critical for businesses of all sizes. From contract lifecycle management to onboarding and compliance, VMS tools do far more than track vendors — they act as digital control towers for supplier ecosystems. To help you choose your next Vendor Management tool, we have curated a list of the best vendor management software providers that can help streamline your sourcing, mitigate risk, and optimize vendor performance. Here is our shortlist best vendor management software:
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Precoro
— Prodcurement Software For Business
Top Vendor Management Software Providers in 2025
| Product | Starting Price | Free Trial | Best For | Key Differentiator |
|---|---|---|---|---|
| SAP Fieldglass | Custom | No | Enterprises w/ global vendors | Depth in compliance + contingent labor |
| Coupa | Custom | No | Spend-focused enterprises | Embedded analytics for optimization |
| GEP SMART | Custom | No | Global procurement teams | Unified procurement + AI |
| Oracle Procurement Cloud | Custom | No | Oracle-native orgs | Seamless ERP integration |
| Zycus | Custom | Yes | Modular procurement teams | Balanced usability + scalability |
| Workday Strategic Sourcing | Custom | No | Workday users | Integrated with HCM/Finance |
| Jaggaer | Custom | No | Education + healthcare | Domain-specific capabilities |
| Precoro | $39/user/month | Yes | Mid-sized finance teams | QuickBooks/Xero integrations |
| Kissflow | $1,990/month | Yes | Teams needing no-code customization | Visual builder for workflows |
| Procurify | $500/month | Yes | Startups and small biz | Lightweight VMS in spend control stack |
SAP Fieldglass
What is SAP Fieldglass and how does it work?
SAP Fieldglass is a cloud-based Vendor Management System (VMS) which helps organizations to manage their contingent workforce. This software allows organizations to complete projects with contingent workers and streamline processes with ease. It also helps to collaborate across teams to analyze and track trends, control quality, and achieve better business outcomes. Additionally, this software offers integration with SAP Ariba, Salesforce, NetSuite, and more, allowing organizations to manage their contingent workforce in an effective manner.
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Free Trial Not Available
SAP Fieldglass is a comprehensive cloud-based VMS designed for managing contingent labor and service providers at scale. It excels in compliance, rate card management, and global workforce integrations.
Best for: Enterprises with large contingent workforces
Pricing: Custom enterprise pricing
SaaSworthy Insight: SAP Fieldglass is the gold standard in VMS for regulated industries with global operations.
Coupa
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
Track and manage your travel expenses and spendings effectively
What is Coupa Expense Management and how does it work?
Coupa Expense Management is an appropriate travel and expense management solution that helps companies identify their savings, ensure end-to-end control over expenses and boost growth. The solution makes users monitor a variety of pre-approved and post-approved spendings in one place, besides measuring program wise performance and identifying savings related opportunities, accordingly. Accountants can track real-time prices for airline and travel expenses to help their companies capture significant savings when prices get low. Also, they can detect fraud and errors effectively with the help of the Spend Guard facility, powered by Community Intelligence. With Coupa Expense Management’s SmarterTrip feature, companies can easily track business expenses based on location by automating receipt capture, mileage tracking and more. Further, with advanced OCR technology, it saves users time by eliminating manual data entry processes. Spend analysis, strategic sourcing, treasury management, supplier monitoring and supply chain designing & planning are some of the essential features of this software.
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SW Score Breakdown
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Features
95% -
Reviews
75% -
Momentum
60% -
Popularity
63%
Coupa Expense Management Pricing
-
Free Trial Not Available -
Offers Custom plan.
Coupa’s VMS capabilities are part of its broader spend management suite. Known for AI-driven procurement insights, Coupa helps businesses optimize supplier relationships through visibility and compliance tracking.
Best for: Mid to large enterprises prioritizing spend optimization
Pricing: Custom quote
SaaSworthy Insight: Coupa stands out for data-driven sourcing and embedded analytics across the vendor lifecycle.
GEP SMART
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is GEP SMART and how does it work?
GEP SMART is a unified procurement software platform specifically crafted for procurement professionals by experienced industry experts. It is designed to optimize efficiency and performance by unifying and automating source-to-pay processes. All direct and indirect procurement activities are integrated into a single cloud platform, equipping users with a comprehensive, powerful suite of capabilities for the management of both direct and indirect spend. GEP SMART simplifies and streamlines the procurement process, helping users to maximize their ROI.
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SW Score Breakdown
-
Features
60% -
Reviews
85% -
Momentum
60% -
Popularity
67%
-
Free Trial Not Available -
Offers Custom plan.
GEP’s unified procurement platform offers integrated vendor onboarding, performance monitoring, and risk management. It supports both direct and indirect sourcing with a clean, AI-powered interface.
Best for: Global supply chain and procurement teams
Pricing: Custom enterprise pricing
SaaSworthy Insight: GEP SMART is an all-in-one choice for procurement teams ready to scale globally.
Oracle Procurement Cloud
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Oracle Cloud CX and how does it work?
Oracle Cloud CX provides businesses with a comprehensive suite of tools to manage their customer experience. It is built on a cloud platform that utilizes the latest technologies, as well as best practices, to ensure optimal performance and security. Oracle CX applications are powerful yet user-friendly, allowing business users and developers alike to take advantage of the modern capabilities. The innovative customer data platform that Oracle Cloud CX offers allows businesses to construct a single, dynamic view of each customer account. This platform then provides real-time intelligence to marketing, sales, service, and commerce teams, allowing them to personalize the customer experience. By providing this data in real time, businesses can make better decisions and improve customer satisfaction. Oracle Cloud CX is the ideal solution for businesses who want to take advantage of modern technologies to better manage their customer experience. With its powerful and user-friendly solutions, businesses can build and maintain relationships with their customers.
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SW Score Breakdown
-
Features
85% -
Reviews
60% -
Momentum
60% -
Popularity
63%
-
Free Trial Not Available -
Offers Custom plan.
Part of Oracle’s extensive Cloud ERP suite, this solution offers built-in tools for supplier qualification, sourcing, and contracts. Seamless ERP integration makes it powerful for finance-led procurement teams.
Best for: Organizations already using Oracle ERP
Pricing: Contact Oracle for pricing
SaaSworthy Insight: Oracle Procurement Cloud ensures data continuity across purchasing and finance.
Zycus Supplier Management
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Zycus Procure-to-Pay Solution and how does it work?
Zycus’ Next Generation Procure-to-Pay Solution can be thought of as a GPS for your P2P process. This solution provides an easy-to-use interface and search engine with guided buying capabilities that are similar to the experiences found on popular online stores such as Amazon. The convenience of the Amazon-like shopping interface and the powerful search capabilities of the Google-type search engine make it effortless to find and purchase quickly and efficiently. The guided buying feature helps ensure that decision makers are making informed decisions and that the right products are being purchased for the right price.
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SW Score Breakdown
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Features
60% -
Reviews
71% -
Momentum
62% -
Popularity
63%
Zycus Procure-to-Pay Solution Pricing
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Free Trial Not Available -
Offers Custom plan.
Zycus offers modular procurement software with dedicated tools for vendor information management, performance scoring, and supplier risk profiling.
Best for: Teams seeking modular implementation
Pricing: Mid-market pricing, available on request
SaaSworthy Insight: Zycus strikes a balance between usability and enterprise-grade capabilities.
Workday Strategic Sourcing
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Workday Financial Management and how does it work?
Workday Financial Management helps organizations to reduce financial risk in this ever-changing market. The software helps users to focus more on action and analysis and less on transaction processing with its deeper insight into finance management. It assures users the flexibility to adapt to new processes and track changes quickly. The software’s machine learning capability detects anomalies and offers recommendations to make more useful finance business processes. Workday Financial Management automatically transforms data related to business events into accounting, thereby simplifying the accounting processes. Users get maximum control over their companies’ finances by getting details about every transaction. It also helps them to manage risk and monitor compliance. With Workday Financial Management, finance teams can streamline their processes from contract to cash and record to report. The software also assists to create business strategies by continuous planning, analyzing and forecasting market trends, that provide them positive outcomes in the future.
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SW Score Breakdown
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Features
100% -
Reviews
82% -
Momentum
61% -
Popularity
63%
Workday Financial Management Pricing
-
Free Trial Not Available -
Offers Custom plan.
Workday’s sourcing module brings vendor and contract management into its HCM and financial suite. Strong collaboration tools help teams evaluate suppliers more strategically.
Best for: Finance and HR-led procurement workflows
Pricing: Bundled within Workday or priced per module
SaaSworthy Insight: Best suited for Workday-native environments aiming to bring sourcing closer to people ops.
Jaggaer
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is JAGGAER eProcurement and how does it work?
JAGGAER eProcurement software is an Procurement platform to automate user experience with smart suggestions. The software offers tools to view and compare items from hosted catalogs, punch-outs and internal inventory. AI drives automatic reordering on contract, analyze and share purchasing and compliance data with stakeholders via intuitive dashboards. Automate approval workflows based on budget status to meet the business’s requirements.
Read more
SW Score Breakdown
-
Features
60% -
Reviews
88% -
Momentum
60% -
Popularity
63%
-
Free Trial Not Available -
Offers Custom plan.
Jaggaer offers a research-focused VMS with capabilities tailored for education, healthcare, and public sector buyers. Its vendor discovery and supplier qualification tools are particularly strong.
Best for: Higher education, government, and research-driven orgs
Pricing: Custom pricing tiers
SaaSworthy Insight: Jaggaer remains a top choice in academia and government due to industry-specific features.
Precoro
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Precoro and how does it work?
Precoro is a cloud-based solution that can revolutionize the way organizations approach procurement and AP automation. This platform is designed to help streamline processes, making them easier and more efficient. It offers a comprehensive suite of tools to help purchasing and finance managers replace paperwork and centralize purchasing, while improving spending visibility and reducing the risk of human error. Precoro is already being used by companies to transform their purchasing experience, increase efficiency through digitization, and simplify complex day-to-day operations. With Precoro, organizations can benefit from a streamlined, modern procurement system that is more secure, efficient, and cost effective.
Read more
SW Score Breakdown
-
Features
60% -
Reviews
98% -
Momentum
65% -
Popularity
79%
-
Free Trial Available -
Starts at $35.00. Offers Custom plan.
Precoro combines vendor management with purchasing automation, designed especially for mid-sized teams. It’s simple to use, easy to deploy, and integrates with QuickBooks, Xero, and NetSuite.
Best for: Mid-market and finance-led procurement teams
Pricing: Starts at $39/user/month
SaaSworthy Insight: Precoro makes VMS capabilities accessible to non-enterprise teams.
Kissflow Procurement Cloud
What is Kissflow Procurement Cloud and how does it work?
Kissflow Procurement is a cloud technology based procurement software that optimizes your procurement processes and works at providing you the best user experience. It enables you to analyse and generate useful, data-driven insights using your purchase data apart from vendor and purchase requisitions management.
With Kissflow Procurement, users can capture, approve and keep a track of their purchase requests. Users can also maintain and manage their vendors with Kissflow’s easy-to-use and efficient tools. It additionally enables the users to connect their procurement cloud with other software systems essential to finance.
You can issue purchase orders and generate automatic orders from pre-approved purchase requests apart from approving your purchase invoices and performing the three-way matching using Kissflow Procurement. Users can obtain full transparency related to the status of their purchase requests and obtain instant updates of any change. You can additionally define and manage your budget restrictions within the entire procure-to-pay process with this software. The software offers a free trial version to test and try its features before making the actual purchase.
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Kissflow Procurement Cloud Pricing
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Free Trial Available -
Starts at $1990.00.
Kissflow brings no-code flexibility to procurement and vendor management. You can customize vendor onboarding, approval workflows, and contract renewals without writing code.
Best for: Teams seeking easy customization without IT support
Pricing: From $1,990/month
SaaSworthy Insight: Kissflow’s no-code engine makes it ideal for fast-changing procurement needs.
Procurify
95
%
SW Score
The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more
What is Procurify and how does it work?
Procurify is a cloud-based spend management platform that gives companies the control and visibility they need over all expenses. With streamlined workflows and real-time data, team can gain insight into actual spend and make informed decisions. Create customized approval flows to reduce approval time and eliminate purchasing bottlenecks. The intuitive interface tracks and analyzes every stage of the purchasing process, from requests to reconciliations. Procurify also consolidates and manages ad-hoc credit card and reimbursable expenses. For even greater control, Procurify offers integrations with popular software such as QuickBooks Online and NetSuite. Automate workflows, transfer data seamlessly, and close the loop on spending. Procurify is the ultimate tool for efficient spend management. Gain total control and visibility over company spend without sacrificing efficiency. Procurify has the features and integrations to make it happen.
Read more
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Free Trial Available -
Procurify Offers Custom plan.
Procurify offers lightweight vendor management features as part of its spend control platform. It’s best for smaller businesses that want visibility into purchasing without complex implementation.
Best for: Startups and small businesses
Pricing: Starts at $500/month (up to 10 users)
SaaSworthy Insight: Procurify balances control and simplicity for lean procurement teams.
FAQs: Choosing a Vendor Management Software
What is vendor management system software?
A vendor management system (VMS) is a digital platform that helps organizations manage third-party suppliers, from onboarding and contract management to performance tracking and compliance. It centralizes vendor data, automates workflows, and supports better supplier decisions.
Does Microsoft have a vendor management system?
Microsoft does not offer a dedicated VMS product. However, users can build basic vendor management processes using Microsoft Dynamics 365 Supply Chain or Power Platform tools.
Is QuickBooks a vendor management system?
No, QuickBooks is not a vendor management system. It includes basic vendor-related features like invoice and payment tracking, but lacks advanced functionality like contract management or supplier performance monitoring.
Does SAP have a vendor management system?
Yes, SAP Fieldglass is SAP’s VMS platform. It specializes in managing external labor, services procurement, and contingent workforce programs globally.
The post Best Vendor Management Software Providers in 2025: Features, Pricing & More appeared first on SaaSworthy Blog | Top Software, Statistics, Insights, Reviews & Trends in SaaS.
