Vendor Management Workspace
Manage your complete vendor services in one place. Monitor performance and maintain all related info to help you make data-driven supplier decisions.
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Vendor Management Workspace
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Benefits of Vendor Management Workspace
Get a single pane view
Actively manage your vendor relationships with a consolidated view including vendor investments.
Make sure vendors are delivering
Get automatic performance updates using real-time operational data captured on the Now Platform®.
Make more meaningful decisions
Remove the guesswork around assessing performance with standardized metrics to track vendor work.
Control costs and increase efficiency
Give users a better experience and manage costs by identifying duplicate services across vendors.
Features of Vendor Management Workspace
Vendor landing page
View vendors in one place—compare scores, costs, and details to get a pulse on performance health.
Vendor profiles
View vendor contact info, overall score, and supporting metrics, with the ability to drill down.
Performance reporting
Validate against SLAs and other contractual obligations. Take steps to amend or assess chargebacks.
Integrated risk data
View performance and risk scores in a single workspace so you get the full picture.
Additional features
Service credits
Calculate any refunds owed to your organization due to vendors failing to perform as promised.
Comprehensive vendor information
View all the information related to a vendor’s services easily to analyze historical health.
Success indicators
Benchmark performance across your vendor base to identify common characteristics of high performers.
Vendor satisfaction scores
Understand what kind of experience vendors are delivering by surveying stakeholders and subscribers.
Key performance indicators (KPIs)
See instant landing page overview of vendor KPIs then group for reporting and tracking flexibility.
Contract review
Evaluate and reassess vendor contracts and obligations—easily, and in one place.
Compliance monitoring
Stay on top of service issues to ensure good governance and compliance.
Objective reporting
Measure vendor performance based on actual data, not vendor self-reporting.
Resources
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Solution Briefs
ServiceNow® ITSM Pro and Enterprise Overview
Infographics
Winning the Day with ITSM Pro
White Papers
Deliver Smart, Responsive IT Services in an Always Changing World with ITSM Pro
Ebooks
The Human Experience of ITSM: Putting People First in Your Digital Transformation
5 Best Practices for Resilient, Reliable, Remote IT Services
AI Done Wisely Delivers Better, Faster, and More Scalable IT
How to get Vendor Management Workspace
Vendor Management Workspace is available with IT Service Management. Transform the impact, speed, and delivery of IT.
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