Virto Procurement Marketplace for B2B
B2B Procurement Statistics and Trends
Streamlining Business Purchasing Operations with B2B Procurement Platforms
A B2B procurement platform is a digital solution that facilitates the purchasing process. It is essential to improve overall efficiency and enable data-driven decisions. Virto B2B procurement platform is a comprehensive suite of tools and features that help businesses to create a powerful B2B eCommerce Marketplace.
- ✓ Improving the efficiency of goods and services purchasing.
- ✓ Saving resources and providing new cost-effective opportunities.
- ✓ Ensuring easy and transparent supplier management.
- ✓ Centralizing purchasing processes.
- ✓ Providing greater data-driven decisions.
- ✓ Ultimately driving business growth and profitability.
Unlock Unlimited eCommerce Potential with B2B Procurement Marketplaces
Start purchasing in 5 minutes
Create Amazon-like experience
Reduce procurement costs
Build transparent processes
Virto B2B Procurement Platform Enhances Customer Experiences Across the Board
B2B Enterprises and Public Agencies
Managing different supplier contracts and procure-to-pay processes in multiple systems is challenging. All documents must be consistent and compliant; supplier relationships and management take a lot of resources.
Solution
A unified contract for all business partners in a modern digital procurement marketplace. Buyers and sellers get a standardized shopping experience through a single multi-supplier interface.
Results
- ● Enhanced compliance and transparency
- ● Reduced purchasing costs
- ● Easier contract management
- ● Streamlined operations in a single interface
Government Subsidy for Low-income Families
People with complex socio-economic backgrounds face challenges accessing public information and purchasing subsidized goods. The process is slow due to paper-based systems, multiple websites, and manual procedures. Request processing is expensive and messy.
Solution
The digital marketplace for subsidized products enables citizens to purchase from approved suppliers easily, while suppliers can control it all.
Results
- ● Perfect user experience for citizens
- ● Automated validation process
- ● Enhances compliance and management
Office Supply and Inventory Management
Large enterprises collect orders and re-distribute many products inside the company. The process is complicated and untransparent for procurement teams. It results in errors, high request processing costs, and bad inventory management.
Solution
The internal procurement systems allow getting products and services in an intuitive Amazon-like style. The marketplace is integrated with internal systems that guarantee quick and cost-efficient request processing in real time.
Results
- ● Accurate, cheap, and predictable request processing
- ● Low effort for employees
- ● Improved inventory and spend management
Group Purchasing for Large Projects
GPOs embrace contractors of all sizes. Small contractors face challenges in competing with larger counterparts when dealing with material suppliers and holding source-to-pay processes.
Solution
The group procurement platforms enable all customers to collectively act as a single buyer, securing the best prices, real-time monitoring of supply contract execution, and guaranteed price transparency.
Results
- ● Fair pricing for all contractors
- ● Enhanced budget control and transparency
- ● Distribution of invested funds among all participants
- ● More competitive environment
Virto powers OMNIA Partners' next-gen procurement solution OPUS
Read about Virto Commerce’s strategic partnership with OMNIA Partners in a groundbreaking launch of the next-generation procurement solution OPUS that supports and unifies very large catalogs of +100 million SKUs.
The Reasons You Need a B2B Procurement Tool
Why Launch a B2B Procurement Marketplace: Key Benefits and Insights
Make Your Customers Happy
Get a 360-degree view of your customer’s journey and enhance it continuously.
- ✓ Personalized assortment
- ✓ Specific pricing
- ✓ Enhanced cart checkout
Enhance Your Vendor Control
Make it all transparent and convenient.
- ✓ Quick approval and purchase management
- ✓ Easy self-management for vendors
- ✓ Quick vendor onboarding
Optimize Your Processes
Сollect all the product data with their unique SKUs in one system. Avoid duplicates. Control it all.
- ✓ Full control of all warehouses with procurement functions
- ✓ Integrations with logistics, warehouse management control, ERPs
- ✓ All goods and services have comprehensive data with many details
Want to learn more about Virto Procurement Marketplace for B2B?
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