Mar 26, 2025
Vendor Scorecards
Renewal Season, Spreadsheet Madness
You're 45 days out from a major vendor renewal. Your inbox is a war zone. Each stakeholder has a different opinion, no one can find the last QBR deck, and your contract folder has six versions labeled "final."
It’s not just annoying. It’s dangerous.
You’re spending millions and flying blind.
Who’s Actually Performing?
Procurement, finance, and business unit leaders are all asking the same thing:
What’s this vendor actually doing for us?
Are we using what we’re paying for?
Are they delivering what they promised?
Most companies answer that with a shrug or an Excel file last edited in 2022.
One Scorecard to Rule Them All
Steerco pulls everything into one place:
Contracts, spend, usage, support tickets, and public signals
Surveys from stakeholders—automated and live
KPIs normalized across your portfolio
We calculate a Value Health Score for every vendor, so you instantly know:
Who’s earning their renewal
Who needs a tough conversation
Who should be consolidated or replaced
What the Scorecard Actually Does
Benchmark performance vs. other vendors
Shows trendlines, not just snapshots
Flag compliance risks and contract gaps
And yes, it's exportable, shareable, and review-ready—no slide-building necessary.
Why It Matters to the Business
You stop overpaying for underperformance
You gain leverage in every negotiation
You eliminate surprises and contract creep
Real Example
One Head of Procurement used Steerco to flag a vendor who looked "fine"—but had been missing SLA targets for three quarters. That insight alone saved them $600K in renewal terms.
TL;DR
Steerco turns vendor chaos into contract clarity. Score every vendor with real data, not just gut feel.