Cincinnati, OH, March 14, 2013 --(PR.com
)-- Vinimaya, Inc., the leading provider of Procurement Marketplace SaaS solutions, today announced the availability of vMarketPlace version 6.1. Vinimaya vMarketPlace delivers a private marketplace in the cloud that presents supplier data from negotiated contracts and an intuitive shopping experience that is easy for employees to use. vMarketPlace 6.1 offers optimized delivery of search results for industry-leading performance.
Vinimaya provides a consumer-like shopping experience for corporate (B2B) shoppers, starting with a simple search box for natural keyword search. Vinimaya’s patented federated search capabilities provide dynamic access to content from thousands of suppliers and millions of SKUs across multiple channels – supplier punchouts, local catalogs and inventory items – with instantaneous return of search results.
Leading Fortune 1000 corporations use Vinimaya vMarketPlace as the ultimate Procurement Optimization engine, dramatically increasing user adoption and saving millions in procurement costs. They leverage vMarketPlace to create a self-service procurement environment that influences users to make improved purchase decisions based on highly relevant information presented at the time of transaction – including product-related content, pricing history, preferred products and peer reviews. The Procurement team influences purchase decisions by presenting shoppers with a set of approved suppliers and items that leverage negotiated contracts.
“Vinimaya 6.1 creates a new standard of performance for real-time federated search across multiple, disparate catalogs. It reduces the time required for corporate shoppers to find and select what they need,” said Alan Ackroyd, Vice President of Technology. “This means that shoppers are seconds away from a full, rich view of all contracted items – including items available from supplier punchouts and stock items from inventory locations.”
“Vinimaya provides the tools and support our clients need to take their eProcurement performance to a level not seen before in our industry,” said John Hutchinson, CEO of Vinimaya, Inc. “Our work with a number of Fortune 1000 and public sector clients has enabled them to realize significant savings through the vMarketPlace solution by influencing shopper behavior, optimizing purchase decisions and driving more spend under management.”
Vinimaya vMarketPlace SOA Architecture supports virtually any ERP or eProcurement platform and eliminates the delays, technical challenges and cost of managing numerous locally hosted supplier catalogs or supplier punchouts.
Vinimaya, Inc. is a privately held software solutions company that provides innovative eProcurement Catalog and B2B Shopping solutions for both buyers and suppliers based on the patent-pending Vinimaya vMarketPlace Technology platform. Vinimaya’s Purchase Decision Optimization (PDO) products are seamlessly integrated with systems from Oracle, PeopleSoft, JD Edwards, SAP, Ariba, Coupa and iValua, among others, and are used by global companies such as 3M, Alcoa, Siemens, Agilent Technologies, Corning Inc., McDonald’s and Cricket Communications. Vinimaya is a Vora Group company with offices in Cincinnati and Bangalore, India. For more information please visit www.vinimaya.com or call 888-618-8634.