Vendor Solicitation Management

Organize and evaluate every vendor who contacts you – automatically. Traction gives you a central home and automated workflows to manage the flood of vendor messages you receive every day.

Core Feature

Manage All Vendor Solicitations from One Platform

Every day, you and your colleagues are flooded with messages from new technology vendors. You must spend a large chunk of your day filtering these messages, evaluating the vendors behind them, and deciding if any of them are worth passing to other stakeholders.

This all-too-common process of managing vendor solicitations is siloed, time-consuming, and inconsistent. Traction solves this problem. Our platform automates, centralizes, and standardizes every step of Vendor Solicitation Management (VSM). 

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Break Down Silos and Build One Home for All Vendor Requests

Put all of your inbound solicitations into one place. Traction gives your company a single place to direct all vendor requests and applies the same standardized evaluation and qualification processes to each one.

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Save Hundreds of Hours of Wasted Work and Pointless Demos

Simplify and streamline your vendor solicitation management. Traction automates every step of VSM and helps you avoid taking meetings with vendors who don’t meet the requirements of your open innovation projects.

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Deploy New Technologies Faster, Easier, and More Cost Effectively.

Rapidly select new technologies to plug into your roadmap. Traction makes it easy to identify the most promising vendors that reach out to you, and to share them with the stakeholders who need them most.

Key Capabilities

Streamline the Vendor Evaluation Process

Traction offers a full suite of capabilities that guide you through every step of vendor evaluation— from the moment you receive an email from a new vendor to the moment you share a qualified candidate with a relevant stakeholder.

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Manage Inbound Vendor Requests

Capture every solicitation you receive in Traction’s single shared database. Traction will automatically create a profile for each vendor and organize them into their technology category.

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Automatically Qualify New Vendors

Stop responding to unqualified vendors. Traction will help you evaluate and qualify each vendor based on your requirements and show your teams which are worth further consideration.

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Connect Qualified Vendors to Relevant Stakeholders

Share your top finds with the internal stakeholders who need them the most. Traction brings together every role and team that drives innovation and makes it easy to collaborate across functions.

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Our Platform

One Home for Every  Innovation Project

Vendor Solicitation Management is just one feature in the Traction innovation management platform. Our platform centralizes, automates, and accelerates every stage of finding and implementing new technologies — from organizing ideas to signing contracts.

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With Traction, you can combine inbound vendor solicitations with self-directed research and other sources of information to create unified workflow for every innovation project at your organization. With our platform, you will:

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Get Out of Spreadsheets and Break Down Silos

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Follow a Full Set of Proven, Standardized Processes

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Create A Central  Home for Every Innovation Project

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Our Customers

Innovation Leaders Trust Traction

4.5 out of 5 Stars
"A helpful tool to keep track of our Vendors and selection efforts"

What do you like best about Traction Technology?
The software is fairly intuitive to use. The product team is very supportive. We are able to easily add vendors to our database and setup custom fields to track the key information we need. The tool also allows us to send out requests to the vendors to keep the info up to date. "
4.5 Stars out of 5
"Great tool that can be leveraged for efficiently organizing and tracking startups."

What do you like best about Traction Technology?
The founders have been very active in engaging with our company to develop new features for specific use cases.
4.5 Stars out 5
"Wonderful system backed by great people"

What do you like best about Traction Technology?
Traction is a flexible solution for many reverse CRM needs in my organization. The custom solution they added for our needs has become an invaluable tool for GSK R&D!
5 Stars out of 5
"An important partnership!"

What do you like best about Traction Technology?
We have been working with Traction Technology for several years, especially for technology sourcing and progress management of collaboration with startups. They are attentive to understanding our needs, and the outputs are always gratifying.
5 Stars out of 5
"Central product for our Innovation strategy"

What do you like best about Traction Technology?
Traction is the perfect tool to bring all our innovation activities together. Allowing us to collate, review and assess the latest companies on one platform as a team.
5 Stars out of 5
"Great experience with Traction Tech"

What do you like best about Traction Technology? The ease of use of the platform and the team works well with our needs and innovation team.
Traction Technologies helped launch an expansion of a corporate venture scouting effort with a brilliant analyst, a customizable data platform and the personal engagement of their co-founders. It is one of the best professional services engagements I’ve experienced."

Louis Kim

VP, HP Inc.

I think what you are doing is important to the entire corporate innovation community. We still use spreadsheets. We need this."

Chief Innovation Officer

Consumer Goods Company

We were looking to combine our Ideation tool and startup management process. Traction is the perfect combination."

Head of Emerging Technology

Startup Liaison Officer

We threw our hardest problems at Traction. Whether it was machine learning, spatial search, or predictive analytics, Traction always delivered."


Emerging Technologies, Fortune 50 company

Traction introduced us to AI robotics startups from the manufacturing world that we could apply to our industry. We would have never found them on our own."


Restaurant chain

You guys think about the problem the same way I do"

Startup Liaison Officer

Defense Contractor

Our Results

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evaluation and deployment of new technologies

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internal resources needed for innovation management

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products considered for pilot or full implementation


less cost

than running multiple point solutions

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