Best Vendor Management Software for Small Businesses (Free & Paid)

Running a small business comes with unique challenges, including tight budgets and limited resources. That’s why choosing the right vendor management software can significantly improve your workflow and help you compete more effectively. Here, we feature the top vendor management software solutions designed for small businesses—offering affordable pricing, user-friendly interfaces, and scalable features that grow alongside your company.
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Last Updated: October 01, 2025

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Popular Picks in Vendor Management Software

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List of Top Best Vendor Management Software for Small Businesses

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Suppliview is a vendor management software designed to help businesses manage and optimize their supplier relationships. The platform offers tools for tracking vendor performance, monitoring contract compliance, and managing procurement processes. Suppliview enables businesses to evaluate suppliers based on key performance indicators (KPIs), such as delivery times, quality of goods, and pricing. T... Read more about Suppliview

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

Flair Diligence is a vendor management solution designed to streamline the process of evaluating, onboarding, and monitoring suppliers. This software helps businesses manage vendor contracts, track compliance, and assess performance through data-driven insights. Flair Diligence’s centralized dashboard allows companies to keep an organized record of all vendor interactions, mitigating risks and e... Read more about Flair Diligence

Free Trial

NA

Pricing Type

Contact Vendor

Location

Belgium

8am Solutions is a versatile compliance management software that helps businesses navigate complex regulatory requirements, ensuring that their operations adhere to industry standards and legal obligations. The software simplifies compliance management by providing tools for monitoring, tracking, and reporting on compliance-related activities across various departments. Whether it’s managing env... Read more about 8am Solutions

Free Trial

NA

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Location

Canada

ProPortal is a comprehensive vendor management software designed to streamline the process of managing supplier relationships and procurement activities. This platform offers tools for vendor onboarding, performance evaluation, and contract management, ensuring that organizations can optimize their supply chain operations. With its user-friendly interface, ProPortal allows users to assess vendor p... Read more about ProPortal

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

SmartStock360 is an innovative inventory management software designed to help businesses optimize their stock levels and improve supply chain efficiency. The platform offers realtime tracking of inventory across multiple locations, enabling users to monitor stock levels, manage reorders, and reduce excess inventory. With its intuitive interface, SmartStock360 simplifies the process of managing pro... Read more about SmartStock360

Free Trial

NA

Pricing Type

$299 Per user

Location

United States

Invokery is an Inventory Management Software designed to simplify stock management and optimize supply chain operations. The software enables businesses to track inventory levels, manage reorders, and monitor stock locations, ensuring that products are available when needed. Invokery’s reporting tools provide insights into inventory turnover, demand trends, and supplier performance, helping busi... Read more about Invokery

Free Trial

Available

Pricing Type

Contact Vendor

Location

Canada

Mayorea is a comprehensive vendor management software designed to help businesses streamline their interactions with suppliers and vendors. It provides a centralized platform for managing vendor information, contracts, and performance. Mayorea helps businesses track key metrics, such as delivery times, product quality, and pricing, to ensure they are working with the best possible partners. The so... Read more about Mayorea

Free Trial

NA

Pricing Type

Contact Vendor

Location

Mexico

BiSourcing is an innovative contract management software that simplifies the entire contract lifecycle, from creation to renewal. Designed for businesses of all sizes, it provides a centralized platform for secure storage and management of contracts. With features like automated alerts for key dates, customizable templates, and collaborative editing, BiSourcing ensures that all stakeholders can ac... Read more about BiSourcing

Free Trial

NA

Pricing Type

$1500 Per feautre

Location

Colombia

Biti is a comprehensive accounting software solution aimed at simplifying financial management for businesses of all sizes. Equipped with essential features like invoicing, expense tracking, payroll integration, and tax preparation, Biti streamlines the daily tasks of finance teams and business owners alike. The software’s intuitive interface allows users to generate real-time financial reports,... Read more about Biti

Free Trial

NA

Pricing Type

Contact Vendor

Location

Spain

Pengu is an innovative spend management software designed to help businesses track and control their expenses efficiently. It provides real-time insights into spending patterns, helping organizations identify cost-saving opportunities and ensure financial discipline. With its intuitive dashboard, Pengu allows users to categorize and monitor expenses across departments, projects, and locations, ens... Read more about Pengu

Free Trial

NA

Pricing Type

$0 Per year

Location

Netherlands

SmartATS is a specialized recruiting agency software designed to optimize the hiring process for recruitment firms. With its intuitive applicant tracking system, SmartATS simplifies the entire recruitment workflow, from sourcing candidates to placing them with clients. The software allows recruiters to manage job postings, track candidate pipelines, and schedule interviews with ease. SmartATS also... Read more about SmartATS

Free Trial

Available

Pricing Type

Contact Vendor

Location

India

webridge is a procurement software that helps businesses manage purchasing, track supplier performance, and control spending. The platform provides tools for creating purchase orders, approving requests, and tracking order status, ensuring a structured procurement process. webridge includes vendor management features, allowing businesses to assess supplier reliability, negotiate terms, and improve... Read more about webridge

Free Trial

NA

Pricing Type

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Location

Germany

LENO is an advanced Governance, Risk, and Compliance (GRC) software designed to help organizations manage and mitigate risks, ensure regulatory compliance, and streamline governance processes. The platform provides a comprehensive framework for identifying, assessing, and controlling risks across various departments and functions. LENO’s robust risk management capabilities allow businesses to pr... Read more about LENO

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

Source2t is an advanced procure-to-pay software that streamlines procurement processes, helping organizations manage purchasing, approvals, and vendor payments efficiently. It supports the entire procurement cycle, from requisition and sourcing to payment, automating manual tasks and reducing paperwork. Source2t’s intuitive platform enables users to manage supplier relationships, track purchase ... Read more about Source2t

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

InGeek is a robust procurement software solution that streamlines the purchasing process for businesses of all sizes. From sourcing and supplier management to purchase order tracking and invoice reconciliation, InGeek automates every step of procurement, ensuring greater efficiency and cost savings. This software enables businesses to manage supplier relationships, track spending, and generate det... Read more about InGeek

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

RiskOne Prism is a risk management software that helps organizations identify, assess, and mitigate risks across operations. The platform includes tools for conducting risk assessments, tracking incidents, and implementing corrective actions, providing a proactive approach to risk management. RiskOne Prism’s customizable risk scoring and prioritization features enable businesses to focus on high... Read more about RiskOne Prism

Free Trial

Available

Pricing Type

$500 Per year

Location

United States

SubcontractIT is a powerful vendor management software that helps businesses effectively manage their relationships with subcontractors and suppliers. Designed to streamline procurement and ensure compliance, this platform allows companies to track subcontractor performance, manage contracts, and ensure adherence to project deadlines and quality standards. SubcontractIT offers features such as ven... Read more about SubcontractIT

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Iserve is a vendor management software designed to help businesses optimize their relationships with suppliers, track performance, and streamline procurement processes. The platform provides tools for managing vendor contracts, tracking delivery schedules, and evaluating supplier performance against key metrics such as quality, cost, and delivery time. Iserve enables businesses to centralize vendo... Read more about Iserve

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

AbstractorPro is a vendor management software that simplifies the process of managing and collaborating with vendors, suppliers, and contractors. This software offers a centralized platform where businesses can track vendor performance, maintain communication, and manage contracts. AbstractorPro’s automated workflows streamline the onboarding process, ensuring that vendors meet compliance and qu... Read more about AbstractorPro

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

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