Launch and what’s next

We launched Deal Room by sending our first link to a customer to kick off a renewal process using Deal Room to upload required documents and schedule a required meeting. To the team’s excitement, Deal Room’s use skyrocketed, customers loved it, and stakeholders reported positive feedback. 
Deal Room was later credited for notable improvements in company revenues, user satisfaction, and user experience (both internal & external).

Released in 2020, Deal Room was in use until 2023, when Vendr launched the Vendr Intelligence Platform, essentially the north star version of Deal Room. Incorporating negotiation, supplier, and SKU insights, contract analysis, automated deal flow and deal status visualization, intake-to-procure workflows, automated approvals and integrated workflows, and much more, the Vendr Intelligence Platform (VIP) combines all the aspects of our north star Deal Room product.