Dean Cruddace

Updated: October 18 2021

Vendor Analysis Tools

Vendor analysis tools are essential for any business that relies on effectively choosing between a huge range of available vendors. Whatever your industry, high-quality and high-value vendors will ensure that your company rises above its competitors, and any one of the expert vendor analysis tools listed here will help you find the right vendors for your products. Whether your company is looking to move to a different region or if you’re planning to change suppliers, vendor analysis tools will ensure that you partner with the right vendors for your brand and your products!

How Do Vendor Analysis Tools Work?

This is where the process of vendor analysis comes in to play. By analysing and comparing different vendors, you are in a better position to decide on which vendor fits the needs of your business. For instance, if your company is looking to open a new store in a different region, how do you know which vendor is best suited? Vendor analysis focuses on identifying the strengths and weaknesses of each vendor, then conducts a comparison to find the vendor best suited to the needs of your business. This analysis can include anything from a vendor’s reputation to their financial strength. However, vendor analysis is not limited to new vendors. These tools allow you to continually monitor existing vendors, to analyse their capabilities and review your suppliers.

How Do Vendor Analysis Tools Help?

This way, you can continue to partner with vendors who are the right fit for your business and its brand as well as help to guarantee you have made the right decision. Here, in this list, you will find a range of vendor analysis tools to guide you through the process. The range of tools available provide you with the knowledge to understand this form of management and make the right decisions for your business. Learning how to use analytics to your advantage and undertaking regular reviews of your vendors, you’ll be able to make reliable, informed decisions that lead to successful outcomes.


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21 of the Best Vendor Analysis Tools

All of the following Vendor Analysis Tools have been reviewed, links you follow are sometimes affiliate links and some Vendor Analysis Tools have been listed because they offer a great solution to a Vendor Analysis process.

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IT Central Station


At IT Central Station you'll find reviews, ratings, comparisons of pricing, performance, features, stability and more. Don't buy the wrong product for your company. Let us help.

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G2 Crowd


Compare the best business software and services based on user ratings and social data. Reviews for CRM, ERP, HR, CAD, PDM and Marketing software.

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Digital Marketing Depot


Digital Marketing Depot is a resource center for internet marketing strategies and tactics. We feature whitepapers e-Books, Research reports, and webcasts about digital marketing topics - from advertising to web analytics, from SEO and PPC campaign management tools to online-offline marketing strategies, e-Commerce, online retail marketing, and much more.

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VBProfiles


Discover, contribute to, and create industry topics, organizations, companies, and people. Become a part of the new business information community.

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TechnologyAdvice


Educate. Advise. Connect.

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Gartner


Gartner is the world’s leading research and advisory company. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow.

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Real Story Group


Independent analyst firm providing hard-hitting evaluations of Digital Workplace and Marketing Technology vendors.

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Aberdeen Group


It’s our job to know what’s going on in your market. We are a market intelligence company that captures and analyzes buyer behavior across 200+ B2B sectors. How confident are you that you’re making better decisions than your competitors? Reach out to gain access to your target sector.

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LUMA Partners


LUMA is the leading investment bank focused on digital media and marketing. We provide strategic advice, proven M&A expertise, and extensive industry knowledge to optimize outcomes for our clients.

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MarTech Today


Marketing Technology News & Management Insights

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MarTech Advisor


MarTech Advisor is the world's leading source for marketing technology news, research, product comparisons & expert views.

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MarTech Zone


MarTech industrys leading publication for researching, discovering, and learning how to utilize sales and marketing platforms and technology to grow your business.

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ProductHunt


Product Hunt is a curation of the best new products, every day. Discover the latest mobile apps, websites, and technology products that everyone's talking about.

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GetApp


Review, Compare and Evaluate small business software. GetApp has software offers, SaaS and Cloud Apps, independent evaluations and reviews

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SaasGenius


SaasGenius.com is a trusted service to help businesses easily discover, compare and choose the right software for their business.

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Siftery


Share products your company uses and get personalized recommendations

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SiriusDecisions


SiriusDecisions empowers the world's leading marketing, product and sales leaders to make better decisions, execute with precision and accelerate growth.

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CB Insights


The CB Insights machine intelligence platform catches every private company financing and angel investment database. Get real-time information on startups, VC firms, angel investors and transactions in the United States. Spot new deals, sales leads, prospects, and unlock the playbooks of competing venture capital companies.

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Trust Radius


TrustRadius is a community of professionals sharing software reviews, and best practices.

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VentureScanner


Venture Scanner is your analyst and technology powered research firm.

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CMSWire


We cover the digital customer experience, martech, digital workplace and information management sectors. Get your daily recommended allowance.

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