VendorVault — Contracts & Compliance Copilot for ERP Vendor Master
8/10
Demand Score
Missing vendor docs and unmanaged clauses create immediate financial, compliance, and audit risks.
8/10
Blue Ocean
Competition Level
$800-5k
Price/Month
Predicted customer spend
9 days
Time to MVP
Difficulty: Moderate
The Problem
AI-first vendor intake and contract governance that plugs directly into ERP vendor master. Vendors get a secure link to upload W-9/COI/SOC2/SLAs. Documents are parsed, validated, and mapped to your po
Competitor Landscape
- Coupa
- SAP Ariba
- Gatekeeper
- Ironclad
- Zip Intake
Must-Have Features for MVP
Vendor self-service portal with eKYC/KYB checks
Policy-constrained clause extraction and risk scoring with human-in-the-loop
Auto-chasing expirations (COI, SOC2) and conditional spend blocks
Structured data mapping to ERP vendor master and AP workflows
Tamper-evident audit trail (document hashing + time-stamps)
Prebuilt template library by industry and risk tier
⚠️ Potential Challenges
- LLM hallucination risks—must constrain and verify
- Vendor adoption of the portal
- Banking/PII data security and compliance (SOC2/ISO27001)
- ERP write-back governance and approvals
Risk Level: High
🎯 Keys to Success
- High extraction accuracy with validators and checklists
- Seamless ERP integration and minimal process change
- Measurable risk reduction (expired docs, risky clauses)
- Fast vendor onboarding SLAs and AP throughput gains
Ready to Build This?
This moderate-difficulty project could be your next micro-SaaS success.