Genuity
Contract management software
Vendor management software
Enterprise IT management software
IT asset management software
SaaS spend management software
Telecom expense management (TEM) services
Procurement software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
Take the quiz to check if Genuity and its alternatives fit your requirements.
$39.99 per month
Free TrialFree version
Small
Medium
Large
-
What is Genuity
Genuity is a cloud-based platform for managing IT spend across SaaS subscriptions, vendors, telecom services, and IT assets. It supports workflows such as vendor inventory, contract and renewal tracking, license and usage visibility, and telecom expense management (TEM) reporting. Typical users include IT, procurement, and finance teams that need a consolidated view of technology costs and suppliers. The product positions itself as an integrated IT spend and vendor management system rather than a standalone contract lifecycle management tool.
Broad IT spend coverage
Genuity combines SaaS spend management, vendor tracking, IT asset management, and telecom expense management in one system. This can reduce the need to stitch together separate tools for software subscriptions, hardware inventory, and carrier invoices. For organizations that want a single operational view of technology suppliers and costs, the scope is broader than contract-only platforms. It is especially relevant where telecom and SaaS costs are both material.
Centralized vendor and renewal tracking
The platform maintains a vendor directory with associated contracts, renewal dates, and spend context. This supports basic governance activities such as renewal calendars, ownership assignment, and supplier consolidation analysis. Teams can use it to reduce missed renewals and improve internal accountability for vendor relationships. The approach aligns with IT/procurement collaboration use cases rather than legal-first CLM workflows.
IT asset and inventory visibility
Genuity includes IT asset management capabilities to track devices and related lifecycle information. This helps connect hardware inventory to user assignments and vendor spend, which is useful for budgeting and chargeback/showback discussions. It can also support operational processes such as onboarding/offboarding and device refresh planning. The combined view of assets and subscriptions can improve completeness of IT cost reporting.
Not a full CLM suite
Compared with dedicated contract lifecycle management products, Genuity is typically less focused on end-to-end legal workflows. Organizations that require advanced clause libraries, complex approval routing, negotiation redlining, and deep repository search may need a specialized CLM alongside it. Its contract features are more oriented to tracking, renewals, and spend context than legal operations. This can be a limitation for legal-led contracting programs.
TEM depth may vary
Telecom expense management needs can include carrier dispute handling, detailed rate-plan optimization, and complex multi-country billing normalization. Depending on the organization’s telecom complexity, Genuity may not replace specialized TEM providers or managed services. Buyers should validate support for their carriers, invoice formats, and allocation rules. The fit is strongest when TEM is part of a broader IT spend program rather than a standalone telecom optimization initiative.
Integration requirements for accuracy
Accurate SaaS and spend visibility often depends on integrations with SSO/identity providers, finance systems, and vendor billing sources. If key integrations are unavailable or not implemented, data completeness can degrade and manual upkeep increases. This can affect reporting quality for usage, ownership, and true spend. Implementation effort and ongoing data governance should be planned upfront.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Community Plan | $0.00 (Free) — conditional | Full platform access free when you qualify (see notes). To qualify, participants must process at least $12,000/year in gross purchases through Genuity (e.g., Microsoft licenses, SaaS, security). Unlimited users & usage. Source: vendor pricing page. |
| Full Platform Plan | $124.99/month (monthly) or $99.99/month (annual — Save 20%) | Access to all modules: IT Help Desk, Asset Management, SaaS & Vendor Management, Contract Management, Telecom Management, Network Monitoring. "Start Free Trial" available. |
| Vendor Management Plan | $49.99/month (monthly) or $39.99/month (annual) | Includes SaaS/Vendor Management, Contract Management, Telecom Management, Network Monitoring, and access to other platform modules shown on the pricing page. "Start Free Trial" available. |
| Asset Management Plan | $49.99/month (monthly) or $39.99/month (annual) | Includes Asset Management, Telecom Management, Network Monitoring, IT Help Desk, SaaS/Vendor Management, Contract Management. |
| IT Help Desk Plan | $49.99/month (monthly) or $39.99/month (annual) | IT ticketing & communication, Telecom Management, Network Monitoring, and access to other modules. |
Notes: All plans include unlimited users & unlimited use. The Community Plan provides a path to free full-platform access but requires qualifying purchases processed through Genuity (see Community Plan FAQ on vendor site). Free trials are offered via the vendor site.
