What is a Contract Analysis?
Vendr’s Contract Analysis offers a comprehensive analysis of your contract or proposal, along with tailored negotiation guidance. Curated by category specialists, a contract analysis includes supplier and category insights, strategic guidance, competitor intelligence, negotiation levers, anchor target, and ghostwritten emails. A Contract Analysis can be requested for a renewal or new purchase.
Who has access to Contract Analysis?
Paying customers have access to Vendr’s Contract Analysis, and free customers have access to one new purchase Contract Analysis and one renewal Contract Analysis.
How do I request a Contract Analysis on the Vendr platform?
Via “Contract Analysis” in the left hand nav, after logging in
This will bring you to a new page where you can request a Contract Analysis by providing the supplier information and uploading proposals.
This is also where you can review any previously completed Contract Analysis.
Once you’ve submitted the required information, a SaaS consultant will begin working on your analysis.
If all necessary context is included in your request, you can expect your analysis to be uploaded in Vendr (found under the Contract Analysis tab) within 48 business hours of your submission.
You will receive an email notification once your analysis has been uploaded.
2. Via "Buyer Guides" in the left hand nav, after logging in
Browse or search for the product you are interested in learning about
The Contract Analysis option is on the right side of the Overview page of every Buyer Guide.
If all necessary context is included in your request, you can expect your analysis to be uploaded in Vendr (found under the Contract Analysis tab) within 48 business hours of your submission.
What do we need from you?
Renewals
To request a Contract Analysis for a renewal, you’ll provide us your current agreement, as well what is being proposed for the renewal. This could be a quote, or order form, that outlines the proposed pricing. We will also ask about your experience with the tool, and any alternatives you may be considering.
New Purchases
To request a Contract Analysis for a new purchase, you’ll provide us with your most recent proposal or order form from the desired supplier. We will also ask about your experience with the tool, and any alternatives you may be considering.
What kind of deliverable can I expect?
A custom PDF deliverable built by SC’s for paid customers and free users providing an analysis of the contract and your specific scenario. This includes supplier and category insights, strategic guidance, competitor intelligence, actionable negotiation levers, acceptable range and target price, and ghostwritten emails.
What if I request a Contract Analysis for a niche supplier?
Vendr’s Contract Analysis is available for contracts where we have worked with that supplier at least 5 times within the last year.
If the supplier is not available for a Contract Analysis, you can then reach out to Vendr’s SaaS Advisory where we can arm you with strategic advice for your specific deal by utilizing our vast SaaS expertise, share what data we do have, provide competitor benchmarking, and recommend future proofing guidance.
Use Cases
Price check a renewal or new purchase to ensure you are getting a fair price compared to others of similar scope.
Ghost-written emails with negotiation levers.
Identifying effective levers that have proven successful with the evaluated supplier.