Varis is a digital procurement platform that integrates supplier catalogs and offers managed group purchasing to streamline the purchasing process for businesses. By digitizing work orders and automating approvals, Varis reduces manual processes and delivers significant cost savings, achieving over 21% reduction in spending on commonly purchased items.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses face challenges in streamlining their procurement processes due to manual work orders, fragmented supplier catalogs, and inefficient approval workflows. This often leads to increased spending, reduced contract compliance, and wasted time for procurement, operations, and finance teams.
Solution
Varis offers a digital procurement platform that integrates supplier catalogs and provides managed group purchasing options, enabling businesses to streamline their purchasing processes. The platform digitizes work orders and automates approvals, reducing manual processes and delivering cost savings. By providing an intuitive user interface and integrating with existing ERP systems, Varis simplifies the procurement process for employees, increases contract compliance, and consolidates all supplies into a single platform. The managed group purchasing option allows businesses to leverage the buying power of a larger group, resulting in significant cost reductions on commonly purchased items.
Target Audience
Varis primarily targets procurement, operations, and finance teams within businesses looking to streamline their purchasing processes and reduce costs.
Features
- Integrated supplier catalogs for a unified shopping experience
- Managed group purchasing to leverage collective buying power
- Digital work orders and automated approval workflows
- Intuitive user interface for easy adoption by employees
- ERP integrations for seamless data flow
- Tools for increased contract compliance