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TORONTO, Canada, February 14, 2024 — VendorPM, the leading procurement software for property management and largest commercial real estate marketplace in North America, today unveiled its innovative Vendor Management & Compliance System.

This new management & compliance system is designed to reduce risks and increase governance by automating the way property managers onboard, approve, and manage their vendors. It is the only platform built specifically for commercial real estate that is connecting the industry in a single-platform by combining vendor management, compliance, & procurement under one log-in.  

"What sets us apart is our unique integration of vendor management and compliance software into the procurement workflow. This integration eliminates the need for multiple point solutions, benefitting not just the head office but also the property managers who are our end users.” said Emiel Bril, CEO of VendorPM

For Property Management: Onboard, Approve & Manage Your Vendors

• Define what it means to be approved to work with your firm
• Easy compliance verification (COI, W9, Worker’s Comp)
• Access real-time status updates on every vendor, building contract and actionable insights

For Vendors: A compliance tool that works for you, not just your customers

• One-stop shop to become an approved vendor for multiple clients
• Customizable business profile that makes you stand out from your competition
• Free marketplace listing to get exposure to new PMs, buildings, & leads everyday
• Bid on quote requests and work directly with PMs on projects

About VendorPM

VendorPM is the only platform built specifically for commercial real estate that is connecting the industry in a single-platform by combining vendor management, compliance, & procurement under one log-in. Our platform hosts the biggest property management network in the country, connecting over 6,000 buildings & 50,000 vendorsin a single marketplace. For more information on how VendorPM is modernizing the way property managers and vendors work together, visit vendorpm.com