We currently work with over 40 software vendors, and managing invoices, contracts, and contacts for each is becoming unmanageable. Some vendors change pricing mid-contract, others send multiple invoices per month. We need something that centralizes vendor management and gives visibility into spending by department. Manual tracking just does not scale anymore.

I can relate. Our team started using https://www.spendbase.co/, which includes a vendor management section. It consolidates all vendor data — invoices, renewal dates, and assigned budgets — into one place. We can see which teams use each tool and how much is spent monthly. It’s made our procurement workflows far more organized, and finance appreciates the real-time visibility.

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Centralized vendor tracking really is a game changer. When every contract and invoice is stored consistently, it&rsquo;s easier to analyze supplier performance and avoid duplicate purchases. This level of control helps both finance and operations stay aligned.