Sold by: Varisource
Savings for your business across 100+ spend categories automatically
Overview
Varisource created the first-ever "Spend Advantage Platform" The competitive advantage for your spend. Every company strives and looks for a competitive advantage to win against competition in sales and revenue generation, having the leverage that will help you grow the business.
We believe your CFO, procurement, finance, every department manager also needs the spend advantage in order to win against vendors' spend during sourcing, evaluations, renewals, and negotiations.
What is Spend Advantage™?
1. Savings across 100+ spend categories such as (software, hardware, cloud, telecom, security, data centers, managed services, professional services, travel, AI, and much more)
2. Access 25K+ vendors
- Discounts
- Rebates
- Benchmark Data
- Renewal Savings
- Negotiation Savings
What do you get?
1. On average 15-25% savings
2. Leverage and benchmark for renewals
3. Discover all the latest technologies and solutions to solve your business challenges
4. Save hundreds of hours from renewals, negotiations, benchmark, finding vendors
5. Immediate impact within 30 days
6. Automatic vendor renewal reminders months in advance
7. Automatic vendor alternative comparisons
8. All done for you = no data entry or effort from your team
9. Single dashboard view of all vendor contracts, spend, inventory,
10. If you don't save, you don't pay
Why you should care?
Your company needs Spend Advantage just like your sales team needs a competitive advantage. It's time to take control back and win on every vendor actions.
What next?
Schedule a demo with the Varisource team to learn more at <www.calendly.com/varisource >
Highlights
- Access discounts, rebates, benchmark and renewal savings for 100+ spend categories for existing vendors and or new purchases
- Single platform to automatically manage your vendor contracts, inventory, spend, and savings all in one place
- Enrich all your vendor data so you know who your vendors are, what they do, their strength and weaknesses, so you have the spend advantage
Details
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Delivery method
Deployed on AWS
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Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Dimension | Description | Cost/month |
|---|---|---|
Spend Optimization 200 | Save and manage automatically for up to 200 vendors | $1,500.00 |
Spend Optimization 500 | Save and manage automatically for up to 500 vendors | $2,500.00 |
Spend Optimization All | Save and manage automatically for up to unlimited vendors | $5,000.00 |
Dimensions summary
You choose a plan based on how many vendors you want the service to manage and optimize. Spend Optimization 200 covers up to 200 vendors. Spend Optimization 500 covers up to 500 vendors. Spend Optimization All covers unlimited vendors. These three tiers scale by vendor count, so you pick the one that matches the size of your vendor portfolio. Across all tiers, the service identifies and executes savings on your vendor spend, using benchmark data, group pricing, rebates, and renewal support.
Top-of-mind questions for buyers
A vendor is any supplier in your accounts payable spend file that the service manages and optimizes. The count reflects how many distinct vendor relationships you want covered for savings, benchmark data, rebates, and renewal support. Each supplier counts as one vendor toward your plan's limit.
Each plan caps how many vendors the service manages. Spend Optimization 200 covers up to 200 vendors, and 500 covers up to 500. If your vendor portfolio outgrows a fixed tier, you would move to a plan with a higher limit, such as Spend Optimization All for unlimited vendors.
All three plans deliver the same services: group buying discounts, vendor rebates, benchmark pricing data, renewal savings, and new purchase savings. The only difference is how many vendors the service manages. Qualifying projects also include a dedicated Savings Project Manager to coordinate execution.
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Vendor refund policy
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
Vendor resources
Support
Vendor support
Email and dedicated customer success teams support Monday - Friday
https://www.varisource.com/contact-us
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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