News from Vera AI, on the buyer's side.
Customer announcements, product releases and company news from Vendor Benchmark LLC. Press enquiries go to info@vendorbenchmark.com.
What we have announced.
Every item names what changed and for whom. Customers are not named unless they ask to be.
A bank in the Middle East signs up for the Vera AI Enterprise subscription
A bank headquartered in the Middle East has taken the Enterprise subscription. Its procurement and technology teams will benchmark, negotiate and manage their software and cloud contracts on Vera AI. With a comment from Fredrik Filipsson, co-founder.
What to know about Vera AI.
The facts a story needs, stated once.
The company
WhoVera AI is a product of Vendor Benchmark LLC, Wilmington, Delaware. Founded by the founders of Redress Compliance, the buyer side licensing and negotiation advisory, and a separate, independent company.
The product
WhatThe AI procurement platform for enterprise software and cloud contracts: benchmarks against comparable customers, agents that prepare the renewal and the negotiation, contract management and a license position within 24 hours.
The data
Library1,471 vendors and their product lines, calibrated to documented market evidence and about 600 buyer side negotiations a year. Refreshed monthly, with a priced as of date on every figure.
Independence
RuleWe take no vendor money and sell nothing to the sell side. The only party we work for is the buyer.
Customers
RuleCustomers are named only when they ask to be. Contracts, prices and outcomes never leave the customer's workspace; shared data is aggregated and anonymized.
Press contact
ContactOne inbox for interviews, comment and background: info@vendorbenchmark.com, or +1 754 219 4706.
See Vera AI on your own contracts.
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Press enquiries: info@vendorbenchmark.com