Case Study: Dream achieves 11.5% project savings and 96.9% vendor compliance with VendorPM

Dream reduces site-level workload with VendorPM and achieves 96.9% vendor compliance

Dream, a Canadian property management company overseeing over 320 office, commercial, and industrial buildings, sought to reduce administrative workload and risk for its site-level staff. The company partnered with VendorPM to leverage its end-to-end Vendor Life Cycle Management system to streamline procurement, onboarding, and credentialing.

By implementing VendorPM's platform, Dream created a more transparent bidding process and shifted compliance checks earlier in the contract award process. This solution resulted in projects awarded through VendorPM coming in 11.5% under budget on average. Furthermore, VendorPM helped Dream achieve a 96.9% vendor compliance rate at the time of project award, ensuring faster project starts and significantly reduced administrative risk.

Dream