Vendor Performance Review

Vendor Performance Review Template

Published on: January 31, 2025

Summary

General Information

  • Vendor Name: ___________________________

  • Product/Service: ________________________

  • Evaluator Name: ________________________

  • Review Period: _________________________

  • Date of Review: ________________________


Evaluation Criteria

1. Service Delivery

Criterion

Score (1-10)

Notes

Timeliness of service delivery

Adherence to agreed SLAs

Accuracy of deliverables

Consistency in meeting deadlines

Proactive issue resolution

2. Product/Service Performance

Criterion

Score (1-10)

Notes

System uptime and reliability

Features functioning as advertised

Scalability to meet evolving needs

User satisfaction

Performance during peak usage

3. Support and Communication

Criterion

Score (1-10)

Notes

Responsiveness to inquiries

Availability of support channels

Quality of technical support

Transparency in communications

Regular updates on system changes

4. Compliance and Security

Criterion

Score (1-10)

Notes

Adherence to compliance requirements

Data security measures in place

Timeliness of security updates

Handling of compliance audits

Transparency in data handling

5. Value for Money

Criterion

Score (1-10)

Notes

Overall cost-effectiveness

Alignment with ROI expectations

Flexibility in pricing or licensing

Savings achieved through vendor

Overall satisfaction with value


Performance Summary

Category

Average Score (1-10)

Key Strengths

Areas for Improvement

Service Delivery

Product/Service Performance

Support and Communication

Compliance and Security

Value for Money


Overall Assessment

  • Overall Score (Average): ________________

  • Recommendation:


Action Plan

  • Key Issues to Address:



  • Next Steps:



  • Follow-Up Date: _________________________


Notes for Use

  • Customize criteria to reflect specific organizational or contractual priorities.

  • Collaborate with relevant teams to gather feedback for a holistic assessment.

  • Use this review to inform contract renewals, renegotiations, or vendor transitions.

This template ensures a structured and consistent approach to evaluating vendor performance, driving accountability and fostering long-term partnerships.

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