Vendavo FAQs

  • Who is Vendavo best for - their role(s) within what kind of companies.

    Vendavo is intended for B2B enterprise companies in discreet manufacturing, process manufacturing, and distribution. Our products cater to sales execution, price management and optimization, deal management, and commercial analytics.
    • C-Suite
    • Pricing departments
    • Sales department and Sellers
    • Deal Desks

  • How does Vendavo benefit them?

    Vendavo solutions together deliver the Right Product (configuration, at the Right Price, in the Right Manner (proposals), and at the Right Time. This can be through direct sales, channel/partner sales, and ecommerce.
    • Improved margin across deals, customers, and product lines
    • Control and viability into discounts and promotions
    • A centralized platform for price management across the globe
    • Customers and sellers can easily configure, visualize, select products
    • Reduce the time to quote from days to minutes

  • How technical do users need to be to use Vendavo's software?

    Technical skill varies by user. Vendavo products are made to remove friction for our users and they price and sell. Our applications are click not code with some that can be deployed in 24 hours. Our algorithms produce an output that is explainable so a seller can defend a price and so a pricer can create value for their company.

  • What makes Vendavo a leader in this space?

    Vendavo is the Leader is Commercial Excellence software with over 20 years of experience delivering value for some of the most complex companies in the world. Our approach is centered around working with our customers to make sure they have the right people, process, and technology in place realize their profitability goals. Vendavo tracks our customers performance from plan to actual, not just deploying the software and routinely checking in. "In 2019, during Vendavo's "Value Assessments" with its customers (approximately 27 done in 2019), customers validated over $500 million in annual benefits — an average of $18 million/customer." - IDC

  • Who are Vendavo's biggest competitors (3-5 companies)?

    No other vendor, to date, can match the complete offering Vendavo provides with our Commercial Excellence suite in CPQ, Price management & optimization, with AI driven Commercial Analytics.
    A few companies offer competing solutions:
    • Pricing: Pricefx, PROS, Zilliant
    • CPQ: Salesforce, Oracle, Tacton

  • How/why is Vendavo better than those competitors (or most others in their market)? What about Vendavo is unique, stronger, easier, etc.?

    Our customers are some of the most trusted in business around the world and they put their trust in Vendavo for every transaction and dollar coming into their business. We are purpose built for B2B firms in manufacturing and distribution. Our pricing optimization methodologies and resulting algorithms are the result of real-world collaboration with our customers to develop new techniques designed specifically for B2B companies. Our solution’s approach also strikes the ideal balance of data science and analytics, with human inputs of strategy and non-quantified insights.

  • What kind of features can customers expect Vendavo to release in the near future? And longer term?

    • Vendavo has the broadest set of capabilities in the market and continue to lead the market with new features/capabilities to drive business outcomes
    • Vendavo's Glass-box AI is best in class for pricing optimization as it allows the user to tune to output based on their unique business situation
    • User experience is optimized for mobile and offline so you can quote anywhere
    • Dynamic Price, Volume, Mix (PVM) analysis
    • Full break out into the Pocket-Price Waterfall
    • Unmatched and robust Price Agreements
    • Mass Price Change & Formula based pricing

  • Which popular or common software does Vendavo integrate with?

    Salesforce, SAP, Oracle, Microsoft, Infor. Note, Vendavo systems can integrate to any system with our API.

  • Software pricing can often be complex. If it's pretty straightforward, list tiers, pricing (per year, seat, etc) and limits for Vendavo. If it's not simple, use broad estimates or ranges for typical setups.

    Priced as annual subscription based on revenue under management and/or seats; typical contract length of three years. Please call our solution department to find out more.

  • Does Vendavo offer a trial or free download available?

    We offer free business consulting, which you can inquire here: https://pages.vendavo.com/free-business-consultation-for-accelerated-economic-recovery-2020.html

  • Does Vendavo offer any kind of training/education for their product?

    Vendavo University is the go to resource for customers to learn about Vendavo and its products. We have deep documentation available at our knowledge centers and their are in-app Guides built into our products to ensure each user gets the most out of our software.

  • Describe the implementation process and timeline for Vendavo software.

    Vendavo Margin Bridge Analyzer, Deal Price Guidance and Deal Price Optimizer can be up and running in 24 hours
    Vendavo PricePoint can be up and running in 2 months
    Vendavo CPQ can be up and running in 3 months
    *All Pending data readiness

  • What are the Vendavo support options? List all.

    Value Consulting Value Assessments come with all SaaS contract
    Premium Support package comes with:
    24×7 support
    An assigned Support Advisor to manage your account
    Periodic review of case status and priorities
    Troubleshooting and diagnostics on world issues and advice on “How to” questions
    Preferred priority in support and any escalations
    Dedicated Support Advisor for Production down situations