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Asking Price

$ 41500


Vendor Management & Compliance

VendSure is designed to serve vendor management and risk assessments for businesses of all sizes. By automating due diligence processes, VendSure significantly reduces manual efforts and streamlines the vendor approval workflow, making it more efficient and less resource-intensive. The platform leverages AI to analyze vendor data, ensuring comprehensive risk assessments are conducted quickly and accurately, thereby reducing the vendor approval process time by up to 60%.

Problem Solved

Traditional vendor management processes are cumbersome, error-prone, and heavily reliant on manual intervention, leading to significant delays and increased operational costs. Businesses struggle with maintaining compliance and managing risks associated with their vendors due to these outdated procedures. VendSure addresses these challenges by providing an automated solution that not only simplifies vendor assessments but also ensures compliance with regulatory standards, thereby saving valuable time and resources for both the assessing company and the vendors.

Selling Points / Additional Information

VendSure offers a user-friendly interface, customizable assessment templates, and real-time reporting tools, making it easy for companies to adapt the platform to their specific needs. The platform also fosters a collaborative environment where vendors can directly submit required documentation and track their approval status, enhancing transparency and communication between parties.

Revenue Stream

Subscription-Based: VendSure operates on a subscription model, offering different tiers based on the size of the organization and the volume of vendors managed. This includes access to the core platform, a set number of vendor assessments per month, and customer support. Additional features, such as advanced analytics, integration capabilities with existing ERP systems, and customized risk assessment models, are available for higher-tier subscribers.


Revenue generation stage: ★★★☆☆
Maturity stage: ★★★★☆
Commitment level required: ★★★☆☆

Awards & Recognitions

None yet.

Tech Stack

Frontend: React.js for a responsive and dynamic user interface
Backend: Ruby on Rails for robust, scalable application development
Database: PostgreSQL for secure and reliable data storage
AI/ML: Python with scikit-learn for risk assessment models and vendor scoring
Cloud Infrastructure: Microsoft Azure, utilizing Azure Functions for serverless computing and Azure Cognitive Services for AI capabilities


TTM Revenue: $5,500 TTM Earnings: $2,200
Last 30 Days Revenue: $4,600 Last 30 Days Earnings: $1,840


Year: Early 2024
Country: Los Angeles - California

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