Vinimaya’s New SmartQuote™ Enables Dynamic Bidding with Suppliers

Instant “Three-Bids-and-a-Buy” Functionality Enhances Online Shopping Experience for B2B Buyers

Cincinnati, OH, December 11, 2010 --(PR.com)-- Vinimaya, Inc. (www.vinimaya.com), provider of industry-leading Smart Marketplace Technology™ to improve B2B e-Procurement and supplier data management, today announced general availability of SmartQuote™. SmartQuote™ enables B2B buyers to dynamically request bids from suppliers, document responses, compare the resulting quotes to historical pricing for those goods and services, and efficiently completes the transaction with the chosen supplier. The market-responsive module was designed to dramatically reduce the time and effort required to achieve multiple-bid process compliance and provide the proper audit trails to capture the exchange of data, driving value for end-users and saving money for the company.

“SmartQuote fills an important gap between transactional procurement and a larger scale sourcing event,” stated John Hutchinson, President, Vinimaya. “Companies will capture significant value from dynamic bidding with fast and actionable visibility to the best possible pricing,” Hutchinson added.

Senthil Vadivel, Director of Product Development at Vinimaya, explained that SmartQuote™ was designed for Procurement and Strategic Sourcing professionals who want quick and straightforward access to dynamic supplier bidding capabilities without adding a full RFP point solution into their company’s technology mix. “Vinimaya specializes in delivering affordable solutions that focus on the challenges many large organizations are experiencing with their current ERP-based e-Procurement solutions: a better, more-informed, end-user shopping experience and superior supplier data management, reporting, and communication,” Vadivel stated.

The SmartQuote™ module is simple to install and can enable dynamic bidding within an organization’s Vinimaya SMT™ marketplace. For more information regarding SmartQuote™ and the other Vinimaya SmartModules™ please visit http://bit.ly/h7PgSu. Or click on https://www2.gotomeeting.com/register/353936163 and register to view a recording of Vinimaya’s Improving e-Procurement Webinar Series: “How to Create an Online Marketplace That Employees Want to Use.”

About Vinimaya
Vinimaya, Inc. is a privately held software solutions company that provides innovative e-Procurement Catalog and B2B Shopping solutions for both buyers and suppliers based on their patented Vinimaya Smart Marketplace Technology™ platform. Vinimaya products are seamlessly integrated with systems from Ariba, SAP, Oracle and PeopleSoft among others and are used by global 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.

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Vinimaya, Inc.
Erinn Tarpey, Director of Marketing
732.337.7281
www.vinimaya.com
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