Analytics > Advisory > Technology
We are thought leaders in using technology to improve the way enterprises conduct B2B commerce and transact with each other. We specialize in building, managing, and hosting custom electronic catalogs that include the best of today’s eCommerce features with procurement best practices. We help clients optimize value from savings opportunities, system integration, or to create scalability using big data analytics, advisory & spend management services, and SaaS eCatalog technology.
Our two flagship cloud-based solutions are:
OUR CORE COMPETENCIES
We have a tool that allows us to identify product substitutions for cost savings by finding lower cost opportunities even when there are “fuzzy matches.” It’s easy to get the 1:1 matches, but it’s harder to get the ones that are not from the same manufacturer or have the same part number – the unstructured data. This is particularly common with enterprise purchasing when vendors call products different names, use different specs, part numbers, and descriptions. VIT’s data analytics draw conclusions to derive meaningful conclusions from unstructured, and often “ugly” purchasing data so that you can make better decisions about the right items to buy, even when that decision is not a straightforward one.
We guide our clients on a plan for how to maximize the value from our analytics such as implementing a comprehensive strategy to change purchasing behavior, leveraging insights from the data to manage supplier relationships, or connecting systems to maximize efficiencies and reduce manual work. We help them to engineer more efficient processes to optimize value from savings opportunities, system integration, or to create scalability.
Once you have the data and a plan, we give you the tools to implement and ensure the execution of the strategies from the analytics and advisory. That includes business process automation, electronic catalogs, and award-winning spend management technology. VIT fills in the gaps of consultants and other platforms by delivering not only expertise and data analytics, but a unique and patent-pending technology that drives savings, efficiency, and growth.
That’s transformative value.
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