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11.5% Savings
on Projects Awarded through VendorPM
96.9% Compliance
Rate on Awarded Vendors
Company: Dream
Location: Canada Wide
Users: 95 Site Level + Executive Users
Buildings: 320+
Asset Class: Office / Commercial / Industrial
Dream property management team has achieved significant cost efficiencies by sourcing bids through VendorPM. The platform enabled a more transparent and competitive bidding process, leading to higher-quality vendor selection at stronger price points. On average, projects awarded through VendorPM came in 11.5% under budget, demonstrating measurable savings and improved procurement outcomes.
Dream significantly improved vendor readiness by using VendorPM to streamline their custom compliance process. As a result, 65.3% of vendors completed Dream’s specific requirements and became pre-approved to work with the team.
At the time of project award, that number rose even higher —96.9% of awarded vendors were fully compliant, ensuring faster project starts and reduced administrative risk.
By shifting compliance checks earlier in the contract award process, we reduced downstream follow-up, avoided payment delays, and lowered the risk of engaging non-compliant contractors. Clearer, more structured requirements make it easier for internal teams to assess suitability upfront, while vendors benefit from earlier expectations.
Sr Health & Safety Manager - Dream Unlimited