We are more than procurement thought leaders and disrupters. We are technology entrepreneurs and innovators. Aquiire’s eProcurement platform was developed through real-world partnerships with procurement leaders from some of the largest global enterprises and public institutions. We believe procurement should move as fast as your business and real time matters.
Aquiire is the only real-time procure-to-pay solution in the industry. Aquiire’s intelligent eProcurement platform features patented, real-time universal shopping, data aggregation, alternative supplier pricing, actionable analytics and supplier management solutions that far surpass the traditional eProcurement offerings in the industry today. It is our 5th generation solution and it represents the best of our expertise, innovation and thought leadership.
Since 2000, we have been pioneers of real-time technologies. Aquiire’s exclusive, patented methods provide the ability to extract, aggregate and search structured and unstructured data in real-time. We bring procurement to the user with an elegant and intuitive modern shopping experience. Our mission is to deliver unparalleled savings and value with speed, simplicity and quality.
Real-time matters in many ways. It will transform the catalog management process. It enables universal search across all your catalogs in a single search. It provides the same rich content that the supplier provides with added real-time audit and contract comparison. It offers real-time, lower cost alternative supplier pricing. Real-time is the only way to truly deliver guided buying.
Real-time eliminates user punchouts and enables instant product and price comparisons across any e-commerce site in the world. It drives compliant shopping and allows the enterprise to apply all procurement rules. Real-time saves time, money and mistakes. Real-time matters because the world changes in real-time.
We are dedicated to delighting our customers. Your problems are our problems, and your goals are our goals. We love tackling the most difficult challenges. You not only gain the expertise of procurement thought leaders and consultants, you also receive the know-how of technology entrepreneurs and innovators. We believe in a solutions-focused, collaborative approach as we execute and develop our roadmap for the incredible innovation real-time will bring to the world of B2B eCommerce.
Aquiire is an MBE-certified portfolio company of Vora Ventures (named the 2015 Technology Company of the Year in Cincinnati). By tapping into the total breadth of the Vora Ventures portfolio companies, we are uniquely positioned to quickly develop and efficiently deliver solutions that our competitors cannot.
Aquiire’s real-time P2P suite represents the best of our expertise, innovation, thought leadership and personalized services. We are the perfect partner to build the solutions that will take your organization to the ultimate level of success.
Aquiire’s intelligent real-time Procure-to-Pay suite brings the convenience and simplicity of the consumer shopping experience to the business user with unparalleled compliance and savings. Aquiire features patented universal search and shopping, machine learning, actionable intelligence and collaborative supplier enablement solutions.
Aquiire’s best-in-class intuitive user interface and real-time low price comparisons from alternative suppliers deliver unparalleled savings on indirect spend (about 10 to 20% additional savings than our competitors).
In addition, the real-time processing of structured and unstructured data powers advanced features like instant alerts, risk analysis, analytics and price/product compliance enforcement. The exclusive visual shopping tool KlarityTM, allowing users to instantly refine real-time universal search results across all local and web catalogs in a single search.
Real-time intelligent procurement shopping means that whether your catalog items are in supplier websites (punchout web content) or locally hosted catalogs, Aquiire aggregates all of your detailed information including price, product and supplier specifics into your own intuitive eProcurement marketplace. Your users never leave the marketplace; in an uninterrupted experience which quickly applies your specific guided-buying rules and presents the appropriate products and suppliers based on your procurement strategy.
The information is then instantly audited for price, product and supplier compliance based on your negotiated contracts. Additionally, when users place an item in their cart – our real-time system quickly scans alternative suppliers (including Amazon Business or other e-commerce websites if requested) to offer lower-priced alternatives for the same products. The alternative supplier pricing feature is delivering unprecedented savings back to our customers by the millions.
Real-time eliminates back-end rework of invoices due to incorrect pricing. We want to bring procurement to the user as opposed to making the user figure out how to get to procurement.
Aquiire will transform and greatly reduce tedious catalog management processes. Aquiire seamlessly manages supplier product catalogs (local catalogs and website punchouts) for indirect procurement in real time. We work with thousands of suppliers across the world. Aquiire eliminates the delays, technical challenges and costs of managing numerous locally hosted supplier catalogs and individual website punchouts. With Aquiire, you can completely do away with stale, incomplete local catalogs and benefit from real-time supplier content. Our goal is to completely automate the catalog real-time maintenance process for both the buyer and the seller.
Aquiire eliminates the need to host your catalogs locally. Aquiire brings real-time access to all your contractually specific catalog information right from your supplier. Our real-time purchase compliance functionality ensures that your users always get the correct price from suppliers. We audit all prices in real time, and compare them against your contract and historical pricing. Exception reports alert the appropriate person whenever a discrepancy is found, so it can be quickly corrected. Aquiire maintains all of your historical purchasing data, flags off- and over-contract items, and proactively stops non-compliant purchases. We ensure compliance happens before the purchase is made instead of after the fact, when it’s too late to enforce.
Our clients typically realize up to 40% savings on their indirect spend once all purchasing is made through their Aquiire marketplace. The most significant savings are achieved through:
- Increased user adoption (spend under management)
- Savings from purchases that have lower negotiated contract pricing
- Allowing users to choose lower cost items through real-time alternative supplier pricing functionality
- Managing supplier connectivity, onboarding suppliers faster and eliminating the resources needed for catalog management
- Intuitive, real-time comparison shopping, guided buying and price/product compliance
- Reduction in PO/invoice mismatches
- Real-time purchasing/savings analytics
- Reduced internal resources needed due to complete P2P process automation
Adoption starts with a fast, modern and intuitive system and user interface (UI). Users adopt systems that they either have to use or want to use. Aquiire’s intuitive purchasing environment and advanced, real-time search technologies deliver an unparalleled user shopping experience that your employees will truly enjoy using. Because we aggregate all of your important data in one place, users never have to leave the system.
Our mission is to deliver the most accurate and critical information our clients need with maximum speed, simplicity and logic. Aquiire is agile, easy to implement, and simple to use, which results in rapid adoption and ROI. The Aquiire goal is to bring procurement to the user and not make the user find procurement.
Overall, we have one of the fastest implementation times and ROI in the industry. Implementation times depend on the number of supplier catalogs you are enabling and deployment locations. Your assigned Aquiire business development representative will assist you in creating a projected timeline for full deployment at your organization.
The extra “i” stands for “innovative,” “intuitive,” “intelligent.” It represents a disruption of the norm. When the two “i”s come together in our logo, they form the image of upward arrows which is at the core of our brand essence—“Lucid Discovery.” We help our customers find the information they are seeking in the fastest, most intuitive and efficient ways possible. We know that our customers do not want to “search” for anything—they want to FIND what they are seeking quickly and easily. Hence our tag line: Search is OverTM.
The Aquiire brand (formerly Vinimaya) marks a new vision for real-time procurement, as well as a completely new purchasing experience and approach to supplier relationship management (SRM).
Aquiire is one of several portfolio companies of Vora Ventures (named the Cincinnati Technology Company of the Year in 2015). Vora Ventures portfolio companies specialize in software, services and infrastructure solutions, employing over 2,100 people worldwide. Vora Ventures provides resources, advice and state-of-the-art infrastructure to its portfolio companies. Learn more at www.VoraVentures.com.