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NPI Revolutionizes IT Procurement with Launch of NPI Vantage™ Pro Platform

Over the last 21 years, enterprise IT procurement has emerged from the shadows and into the spotlight. Today’s IT procurement practitioners manage the largest, most important category of indirect spend. How well they manage that spend isn’t just important – it’s critical to the success of their organizations.

We understand the daily grind IT procurement professionals face. They’re constantly bombarded with requests, manage a complex web of vendors, and are pressured to get the most out of every IT budget dollar. Negotiating the best deals on software, hardware, and services feels like an uphill battle. The blind spots – there are many – contribute to a level of overspending that is growing in lockstep with IT spend itself.

Today, we’re taking a bold step in reducing this overspending while providing much-needed relief to enterprise IT procurement teams.

Purpose-built for Enterprise IT Procurement and Unparalleled Savings 

We’re thrilled to announce the launch of NPI Vantage™ Pro, a groundbreaking platform purpose-built for enterprise IT procurement professionals.

NPI Vantage Pro leverages the power of AI and market intelligence to provide you with the ultimate advantage: proactive planning and preparation for vendor negotiations. It puts the information and tools you need to achieve world-class IT purchase outcomes right at your fingertips while also helping you manage and prioritize renewals and purchases.

NPI Vantage Pro is available as an upgrade to NPI’s core IT price benchmark analysis subscription, combining the power of our platform with NPI’s vast $250B+ market intelligence database. This unique combination empowers IT procurement teams to achieve savings of 25 to 30% (and potentially more) on IT purchases and renewals.

Negotiate Smarter, Easier, Faster

NPI Vantage Pro is specifically designed to address the unique challenges of modern enterprise IT procurement teams, giving them the tools and knowledge to:

• Boost Confidence: Gain a deeper understanding of the vendor landscape with AI-powered insights into pricing trends, vendor behavior, and market complexity.
• Optimize Savings: Identify cost-saving opportunities through spend visualizations and strategic sourcing recommendations.
• Streamline Workflows: Manage upcoming renewals, purchases, and tasks with a calendared view integrated with market data.
• Negotiate Smarter: Save tens of hours of research time with NPI’s vendor-specific reports, packed with current information on products, market position, financials, and more, to understand a vendor’s motivations at the negotiation table.

Key Features to Empower Your IT Procurement Team

• Supplier Dynamics™: Eliminate hours of pre-negotiation prep work. Supplier Dynamics provides synthesized intel on 1,000+ vendors with insights into vendor behavior, pricing trends, and market complexity.
• Supplier Risk: Quickly assess supplier risk factors across supply chain, cybersecurity, ESG, and DEI.
• Supplier IQ™: Gain insight into your vendors’ current business environment with AI-powered Supplier Briefings to inform your understanding of the vendor’s motivations at the negotiation table.
• Smart Calendar: Redefine how you manage and prioritize IT purchases and renewals with a calendared view of all upcoming renewals. Includes integrated market behavior scores to give you unmatched actionable intelligence at a glance.
• Spend Visibility: Simplify the analysis of complex spending data with a prioritized, at-a-glance view of key spending metrics and critical tasks. Highlight cost optimization and strategic sourcing opportunities through dynamic visualizations across vendors and contract types.

Turbocharge IT Procurement Effectiveness

We realize there are many tools in the procurement technology marketplace and that it’s often difficult to discern which ones will deliver meaningful value in the trenches. This is especially true for IT procurement, where the spend is greater, the stakes are higher, and the process of negotiating a world-class purchase outcome is far different than for any other category of enterprise spend.

That’s precisely why we created NPI Vantage Pro. Furthermore, it’s why we developed it in concert with our clients. From product roadmapping through our Early Support Program, we have listened to what our clients want and need to do their jobs faster, easier, smarter, and more effectively. The insights delivered through NPI Vantage Pro are having a measurable, material, and meaningful impact on IT purchase and renewal negotiation outcomes.

Schedule a personalized demo of NPI Vantage Pro today and see how it can transform your IT procurement process. Visit https://npifinancial.com/npi-vantagepro/ to learn more.

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