Unlock new savings with existing Suppliers without changing their price
INNOVO is a completely different way of looking at Business-to-Business commerce. It uses demand pull versus supply push Commerce. INNOVO is unlike Amazon, Ebay, or Alibaba. Instead of showing you endless listings of random products from potential suppliers, INNOVO has turned the process around where Buyers post their needs instead of the Suppliers promoting their wares to the market.
At the core - if your Suppliers could generate sales with additional Buyers, it would stand to reason - you could all get a better price. By simply introducing any of your Suppliers to INNOVO, they find new Buyers, and all that spend is aggregated, creating savings for all - you and your Supplier. The Supplier can elect to respond with a tailored offer to a specific Buyer. The savings offered by each Supplier are confidential and are separate to their price structure. In this way, INNOVO links Buyers, ready to buy something, with Suppliers that have it available.
INNOVO is an innovation that uses the power of Artificial Intelligence, Big Data Analytics and the Cloud to deliver significant savings. It is self-contained and fits into your existing procure to pay cycle with minimal disturbance. It all starts with existing Suppliers where the Buyers ask their existing Suppliers to post an offer. Suppliers win as more and more Buyers buy from them through INNOVO. These are all qualified leads, ready to buy. All your Supplier needs to do is respond to the requests as they are posted.