Why we built Vendorapp.
A short note on the problem we kept seeing at every company we worked with — and why we decided the tools available were not good enough to solve it.
Vendorapp started from a very boring observation. Every company we worked with managed vendors in broadly the same way: a spreadsheet for the list, a folder for the contracts, a questionnaire for risk, and a hope that nothing important would change between reviews.
The tools were not the answer
The existing vendor management platforms were built for procurement, not risk. The GRC platforms were built for auditors, not operators. Nothing on the market treated the vendor as a living thing: a relationship that evolves, gains access, changes ownership and sometimes quietly becomes a liability.
What we wanted instead
We wanted a tool that made the right thing the easy thing. Assess a vendor in one click. See exposure continuously. Automate the parts of the lifecycle that everybody hates doing manually. Make the compliance report a side effect of doing the work properly, not a separate project.
That is Vendorapp. It is still early, and we still have a long way to go — but the problem is worth the work.