CINCINNATI, Jan. 26, 2017 /PRNewswire/ -- Vinimaya, Inc., a leader in B2B e-commerce and supplier relationship management solutions, announced today that two of the world's largest Fortune 500 enterprises have successfully implemented the Aquiire real time procure-to-pay (P2P) suite. These organizations are now able to address their procurement users' expectations for "in the now" information through a real-time, consumer-like shopping experience that increases user adoption and provides superior purchasing control and savings across the full P2P process.
"We live in the now economy, where consumers increasingly expect to be empowered with information in a timely manner," said Sundar Kadayam, Vinimaya Chief Strategy Officer. "Daily experiences such as being re-routed around traffic accidents, viewing local store product availability or assessing occupancy levels of local parking garages have increased our expectation for information 'in the now' to improve our lives."
Kadayam went on to say that the real-time Aquiire software suite allows procurement departments to bring this "speed of now" experience to their eProcurement marketplaces across the world. Aquiire's patented search technologies quickly aggregate structured and unstructured data into a modern eProcurement platform to provide users with a more intuitive consumer-like shopping experience. Aquiire also enables greater purchasing control through real-time guided buying, supplier management and analytics, which drive greater efficiencies, compliance and savings.
"Having two of the most respected corporations in the world implement the Aquiire suite to run their global procurement operations is not only exciting, it is a testament to the innovation, thought-leadership and dedication of our entire team," said Vinimaya President and CEO Mike Palackdharry. "We focus on solving our client's key challenges by working closely with them to architect solutions that meet their specific business needs. The intelligent, real-time technologies that Aquiire provides are unparalleled in the industry. As a company that is dedicated to bold innovations and an entrepreneurial spirit, the intuitive real-time Aquiire solution truly reflects our vision, passion and thought leadership."
Procurement leaders from both Fortune 500 organizations said that they selected the Aquiire real-time eProcurement solution over other P2P providers for these key advantages:
- True, real-time universal search (delivering an intuitive consumer-like shopping experience)
- Best-in-class user interface (UI) and infrastructure
- Ability to compare pricing and products from alternate suppliers
- Real-time downstream sourcing tools
- One-to-many POs and e-invoicing capabilities
- Proven implementations and successes with vertical market peers
- Real-time integration with Amazon Business
About the Aquiire eProcurement Suite
Aquiire from Vinimaya is the only true real-time P2P suite in the world. Aquiire's intelligent eProcurement platform features patented, real-time universal (cross-catalog) shopping, data aggregation, analytics, guided buying and supplier relationship management (SRM) solutions. Aquiire provides an uninterrupted consumer-like shopping experience while applying specific guided-buying and compliance rules to present appropriate items based on specific procurement strategies. More information is available at www.Aquiire.com. Twitter: @Aquiire.
Vinimaya is a MBE-certified technology company and a thought leader and innovator of real-time B2B eCommerce solutions for some of the largest organizations in the world. The company is dedicated to a solutions-focused, collaborative approach in working with their global customers. Since 2000, Vinimaya has been developing personalized, cloud-based technology solutions designed to solve their customers' unique business challenges.
Vinimaya is one of several portfolio companies of Vora Ventures, which was recently named the Technology Company of the Year in Cincinnati.
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SOURCE Vinimaya, Inc.