Vendr
15 Case Studies
A Vendr Case Study
Bloomerang, a donor management software company, was rapidly expanding after securing its first round of capital in 2020 and needed to build out its tech stack without overwhelming its team. CFO Steve Isom and Senior Director of IT Seth Steward wanted a better way to manage SaaS purchases, avoid bad deals, and ensure software choices fit IT, security, legal, and finance requirements.
Vendr provided Bloomerang with a SaaS buying platform to centralize contracts, usage data, and purchasing workflows, while also offering negotiation support and pricing insights. With Vendr, Bloomerang tracked $3.3 million in managed SaaS spend, closed 83 deals in two years, saved $643,000, and achieved a 4.3x return on investment, while cutting deal cycles to an average of 35 days.
Steve Isom
Chief Financial Officer