Varis

Varis is a technology-enabled business network that seeks to simplify the procurement process by connecting buyers and suppliers in a trusted marketplace. According to the vendor, Varis helps organizations of all sizes, including both private and public sector entities, save time and money. The platform caters to various professions and industries, including procurement, supply chain, operations, finance, governmental agencies, higher education institutions, K-12 schools, and nonprofit organizations.

Key Features

Efficient buying process: Varis simplifies the buying process by offering an intuitive shopping experience in a consumer-like marketplace. Buyers can conveniently access a wide range of vetted suppliers across multiple categories in one place, eliminating the need to search through multiple sites or catalogs.

Pre-negotiated supplier agreements: Varis provides pre-negotiated supplier agreements to ensure that buyers have access to trusted, enterprise-class suppliers. These agreements offer competitive pricing and quality products, giving buyers confidence in obtaining the best value for their purchases.

Increased visibility and control: Varis enhances buyers' visibility and control over their spending. The platform offers real-time insights into organizational spending, enabling buyers to track and manage their budgets more effectively.

Digitization and automation: Varis assists buyers in digitizing and automating manual paper-based processes, leading to increased efficiency and accuracy. The platform supports three-way matching, automating the process of matching purchase orders, invoices, and receipts for improved accuracy and faster processing.

Marketplace of trusted suppliers: Varis provides a marketplace of trusted suppliers who have undergone a competitive RFP process and secured contracts. Buyers can access a diverse range of suppliers, ensuring they have access to the products and services they require.