Vinimaya, Inc. is a privately held software company that provides innovative e-Procurement Catalog and B2B Shopping solutions for both buyers and suppliers based on the patent-pending Vinimaya SmartSearch technology platform. Vinimaya Smart Marketplace Technology™ (SMT) seamlessly integrates with systems like Ariba, SAP, Oracle, and PeopleSoft among others and is used by global Fortune 500 companies such as 3M, Alcoa, Sunoco, Agilent Technologies, and Corning, Inc.
Vinimaya is a Vora Group company with offices in Cincinnati; Shelton, CT; and Bangalore, India. For more information please visit www.vinimaya.com or call 888-618-8634.
Vinimaya Smart Marketplace Technology™ helps Fortune 1000 companies create a private, virtual online shopping environment that employees actually want to use! Let us help you achieve Procurement Optimization in the Cloud.
Many organizations are finding it more difficult than they expected to gain a high level of employee adoption of their e-Procurement system, and therefore a high level of "spend under management." The challenge is that employees simply won't use the system if they can't quickly and easily find what they need. In their personal lives, employees have become accustomed to searching the internet, finding various options, comparing products and prices, and making their selection with a click of the mouse. Most e-Procurement systems do not provide such a shopping experience. In addition to the fact that e-Procurement systems don't provide the intuitive search capabilities people have come to expect, companies struggle to incorporate their full range of suppliers within the system because of the time, effort, and resources it takes to maintain supplier catalogs or enable punch-out access to supplier websites. The result is that the cost of support for the e-Procurement system is higher than anticipated while the results are lower than projected.
What is needed is a way to easily extend a company's existing e-Procurement system(s) to deliver a shopping experience that drives significantly increased employee adoption, while maintaining all established purchase controls, and at the same time reducing the cost of supplier enablement and content management.
Procurement Optimization in the Cloud
Creating a solution as complete and high-value as Vinimaya Smart Marketplace Technology™ did not happen overnight. Vinimaya has a history of exciting innovations focused in this market, as evidenced by our patent portfolio, both issued and pending. There are others in the market with less focus and lower-value offerings. Vinimaya SMT™ is the only solution that truly offers Procurement Optimization in the Cloud.
What is Procurement Optimization in the Cloud?
Do you remember the ROI models that were used to sell your original e-Procurement system? Much of the value calculation hinged on capturing both end-users and suppliers in the system. The reality of current e-Procurement landscape is that the user experience is cumbersome and time-consuming and supplier data management approaches are all over the map (local content, punch-outs, and supplier networks) which creates ongoing challenges for Procurement and IT resources.
A completely portable asset that can plug into any ERP or stand-alone e-Procurement solution, Vinimaya SMT™ makes it much faster and easier to incorporate the entire supplier base into your organization's e-Procurement process, technically maintaining all connections, and providing cost-effective tools and services to manage the (much reduced) remaining local content.
Unlike your current purchasing environment, Vinimaya SMT™ is accessible from within the controls and workflow of your company's e-Procurement system, and is provided without the delays, technical challenges, and costs of managing numerous locally hosted supplier catalogs or individual website punch-outs.
Delivered using the Software-as-a-Service (SaaS) approach, Vinimaya SMT™ is easy to add to your existing e-Procurement system and highly cost-effective as compared to traditional approaches.
Using Vinimaya SMT™ to help your company optimize Procurement in the cloud ...
• Increases system use (more transactions = more savings)
• Decreases operating costs
• Leverages your existing solution investments
• Provides more flexibility
• Delivers a rapid time to value Contact Vinimaya