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Top 50 Vendor Management Software Companies (August 2026)

As of August 2026, Latka tracks 135 vendor management software companies. They have combined revenues of $1.2B and employ 6.7K people. They have raised $1.7B and serve 35.3M customers combined.

Every company below sells vendor management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Vendor Management Software Companies do

Vendor Management Software refers to a category of tools designed to help organizations efficiently manage their relationships with vendors and suppliers. These software solutions facilitate the entire vendor lifecycle, including onboarding, performance monitoring, compliance management, and risk mitigation. By centralizing vendor information, businesses can enhance communication and streamline procurement processes, ultimately leading to improved operational efficiency. Typical features of Vendor Management Software include vendor databases, automated onboarding processes, performance analytics, and contract management capabilities. This software is commonly utilized by procurement teams, finance departments, and operational managers who need to ensure that vendor relationships align with business objectives while minimizing risks associated with third-party engagements. Moreover, Vendor Management Software often supports collaboration across various stakeholder groups, allowing for better tracking of vendor compliance and performance metrics. Organizations can also leverage these tools to mitigate risks inherent to vendor relationships and to adapt to evolving operational landscapes, thereby ensuring that they can respond effectively to challenges and opportunities in their supply chains.

Companies
135
Revenue
$1.2B
Funding
$1.7B
Employees
6.7K

Filters

Sorting: Highest -> Lowest

Filters

Top Vendor Management Software Companies by revenue

Showing 10 of 135 companies ranked by annual revenue.

1Zip logo
Zip

San Francisco, California, United States

Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.

Revenue
$193M
Year founded
2020
Funding
$358M
Team size
1K
2Tradeshift logo
Tradeshift

San Francisco, California, United States

Tradeshift is a cloud-based business network and platform for supply chain management, procurement, and invoicing. It was founded in 2009 and is headquartered in San Francisco, California. The platform connects buyers, suppliers, and financial institutions in one place to digitize and streamline business processes. Tradeshift's goal is to make global trade easier for all companies by simplifying supply chain management and automating manual tasks. They offer a range of solutions including e-invoicing, procurement, supplier management, and payment services.

Revenue
$161.5M
Customers
150
Year founded
2009
Funding
$861M
Team size
363
3Ivalua logo
Ivalua

Paris, France

cloud-based spend management solutions

Revenue
$153M
Customers
3K
Year founded
2000
Funding
$133.6M
Team size
1.1K
4FreeD Group logo
FreeD Group

Hong Kong, Hong Kong

FreeD Group, operating its core product at joinharmonycvm.com, is a travel and lifestyle SaaS marketplace founded in 2016 and headquartered with operations across Greater China, Korea, the Middle East, and Europe. The company connects sellers including product owners, distributors, and content providers with large enterprise buyers such as telecommunications companies, governments, and airlines, earning revenue through a combination of SaaS subscription fees, one-time implementation fees, and GMV-based commissions. The company reported $35 million in total revenue for 2022, comprising $15 million in recurring SaaS and transaction fees and $20 million in one-time implementation and project fees. GMV processed through the platform reached approximately $80 million to $100 million in 2022, with $20 million processed in the fourth quarter alone. The company is fully bootstrapped with no outside capital raised. In late 2022 and early 2023, FreeD Group acquired two companies, including the largest travel management company in the Greater China market, which processed HK$2 billion (approximately $300 million USD) in GMV at its 2019 peak and served over 1,000 enterprise customers. Abel Zhao, CEO and co-founder, told Latka the company is targeting $100 million in revenue for 2023 and is aiming for an IPO in 2024 at a minimum valuation of $250 million.

Revenue
$100M
Customers
80
Year founded
2016
Team size
250
5Certa logo
Certa

Saratoga, California, United States

Certa is an operational management platform that provides a fully integrated suite of products for third-party lifecycle management.

Revenue
$57.8M
Year founded
2013
Funding
$15.1M
Team size
198
6Team Procure logo
Team Procure

Boise, Idaho, United States

Team Procure is a cloud-based procurement platform that simplifies the management of all your purchasing processes and inventory through a unified application. Manage purchase requests, purchase orders, suppliers, and inventory across multiple warehouses – all in a single platform. We cater to both SMB and Enterprise customers across a broad spectrum of industries, from manufacturing and construction to healthcare and more.

Revenue
$50M
Customers
15
Year founded
2016
Team size
31
7SelectHub logo
SelectHub

Denver, Colorado, United States

Provider of a cloud-based software selection management platform intended to facilitate better purchase decisions. The company's software selection management platform supports a comprehensive set of evaluation stages from requirements gathering to vendor shortlisting, demos and user trials, RFI/RFPs and contract negotiation, enabling stakeholders within information technology, procurement, finance and end-user business units evaluate, select and purchase software products best suited for their needs.

Revenue
$32.7M
Customers
125.9K
Year founded
1996
Funding
$1.7M
Team size
93
8iTradeNetwork, Inc. logo
iTradeNetwork, Inc.

Dublin, California, United States

iTrade believes everyone deserves to know everything about their food from source to destination. With a powerful network of over 4,000 food and beverage trading partners, iTrade Network has been the leader in perishables supply chain management for 20+ years. Its end-to-end supply chain software suite simplifies the complexities that occur at all waypoints of the food and perishables supply chain. • Growers & Shippers-Improve order accuracy, ensure traceability compliance, and get paid faster when you streamline your supply chain operations, field to fork. • Manufacturers- Automate purchase order and fulfillment processes, gain real-time visibility into sales and rebates, and manage all phases of trade spend. • Logistics & Providers- Optimize loads and manage carriers, lanes and receiving zones, all on iTradeNetwork's collaborative platform. • Distributors- Distribute the right products, to the right people, at the right prices, all while ensuring the highest quality. • Retailers- From procurement to quality, streamline your supply chain operations on the world's largest food and beverage network. • Operators- Customize your procurement experience based on the criteria that matters to you most, while ensuring on-contract spend and compliance.

Revenue
$26.5M
Year founded
1999
Team size
241
9Specright logo
Specright

Tustin, California, United States

cloud-based product specification and packaging platform

Revenue
$22.4M
Customers
60K
Year founded
2014
Funding
$12M
Team size
143
10GCPay logo
GCPay

Richmond, Virginia, United States

Provider of an online platform intended to streamline the process of automated subcontract management. The company's online platform offers to streamline invoicing, compliance and lien waiver processes as well as manages and stores all project documentation seamlessly, enabling clients to improve tracking of compliance and avail robust reporting functions at company and project levels.

Revenue
$21M
Customers
48K
Year founded
2002
Team size
48

Frequently asked questions about Vendor Management Software Companies

How many vendor management software companies are there?

Latka tracks 135 vendor management software companies with reported revenue. Together they generate $1.2B in annual revenue and employ 6.7K people.

Which vendor management software company is the largest?

Zip is the largest, with $193M in annual revenue, founded in 2020.

How much revenue does a typical vendor management software company make?

The average vendor management software company in this list makes $9.1M a year, across 135 companies with reported revenue. They serve 35.3M customers combined.

Who are the leading Vendor Management software vendors?

Ranked by annual revenue, the leaders are Zip, Tradeshift, Ivalua, FreeD Group and Certa.

How much funding have vendor management software companies raised?

The 135 vendor management software companies tracked here have raised $1.7B in disclosed funding between them.

Related ERP Software categories

Inclusion Criteria

- Must support comprehensive vendor onboarding processes - Should provide tools for tracking vendor performance and compliance - Must enable risk assessment and management across the vendor portfolio - Should facilitate communication and collaboration between internal teams and vendors - Not just about storing vendor data; must also analyze vendor performance metrics - Should offer integration capabilities with other business systems, such as ERP and procurement software - Must allow for contract management and document storage related to vendor agreements