Learn how Vintro® Procurement works
Search from our library of articles
Procurement Officer
What are the benefits of VPM for Procurement Officers?
Get paid for sharing your procurement needs with potential suppliers just as you do now and hearing pitches from the companies that want to fulfill your order. Efficiently access the world’s leading suppliers to find better quality, service and prices. Get paid for...
Is Vintro Procurement free for procurement officers?
Yes. Vintro Procurement does not charge anything for helping you find the best offers to satisfy your procurement needs. Vintro Procurement takes a small fee from the revenue generated every time a sales executive pitches you through Vintro – the rest is passed to...
Is Vintro Procurement compliant with standard procurement/corporate governance policies?
Yes. Vintro Procurement is compliant with all corporate governance regulations and is used by leading F500 companies and SMBs alike so everyone can improve collaboration, transparency, and predictability across their procurement pipelines - ultimately mitigating...
What information does Vintro Procurement share with potential suppliers?
Vintro Procurement shares the same information with suppliers that procurement departments usually do in the normal course of finding suppliers. This includes what is being procured, in what quantity, and other standard information. Nothing confidential is ever passed...
Can Vintro Procurement help me procure from ESG-compliant suppliers?
Yes. Vintro Procurement allows you to filter what types of companies can see your procurement needs/RFPs so only companies meeting your compliance standards (such as companies that meet your ESG or regulatory supplier criteria) can see your procurement needs and pitch...
Sales Executive
Is Vintro Procurement free for sales executives?
Vintro Procurement does not charge anything for receiving leads in your email. If you want to skip over your competitors and get ahead of your competition, you can pay a small fee to guarantee a meeting with the procurement officer or decision maker handling the...
Does Vintro Procurement adhere to corporate governance policies?
Yes. Vintro Procurement is used by leading sales departments and procurement departments to discover new opportunities and build new relationships that usually wouldn’t be possible. Vintro Procurement is built to adhere to all corporate governance policies so you can...
Where does Vintro Procurement get its procurement information from?
Vintro Procurement gets its procurement information uploaded regularly from procurement departments of the companies that use Vintro. Participating procurement departments use Vintro to easily solicit proposals from all qualifying suppliers in a more fair environment...
How will I see new sales opportunities and where can I find them?
You'll receive an email notification when a new sales opportunity becomes available. To ensure you see every new sales opportunity and don't miss out while your peers get ahead, add Vintro Procurement's email address (coming soon!) to your contact list so...
Resources
Are the opportunities on VPM industry specific?
Yes. We have industry specific data feeds so that procurement officers can share real time buying needs and suppliers can be assured that when they search for opportunities in a particular industry, these are targeted and specific.
Is VPM easy to use?
We think so! We have a demonstration video of how to register and the process is simple and straightforward. You can also talk to one of our team to help you through the sign-up process. Once registered you’ll find the platform contains simple to navigate sections...
How long are the meetings?
Each virtual meeting is expected to last 10 minutes, but if the conversation is going well there is always the option to extend the call at no additional cost.
Does VPM save me time compared to traditional procurement routes?
Yes. Because we have an industry specific data feed and an algorithm that matches procurement contracts with suitable suppliers, VPM users can be assured that the opportunities are qualified. Procurement officers can gain valuable time back they’ve wasted in the past...
Does Vintro take a percentage of the deals when they go through?
Vintro does not take a percentage fee of the deals that are made through the VPM. We believe our role is purely to create opportunities for businesses to come together and make magic.
Is there any confidentiality in place between the procurement officers/suppliers?
There are no NDAs in place for either the procurement officers or the suppliers, and we do not encourage any disclosure of confidential material or information.
Are the procurement leads personally being paid?
All the money being exchanged on the VPM is revenue that goes directly to the companies the procurement officers work for. No one is personally gaining from the interactions that take place on the VPM.
Why is there payment involved?
We believe that price in a market is the most efficient way to democratize opportunities. For the procurement officers it ensures that their time is not being wasted, while still hearing from qualified suppliers they currently do not work with. For the suppliers it...
Do I have to pay to use VPM?
It is completely free to sign up and start browsing real-time procurement needs for the suppliers, and it is also completely free for procurement officers to post their real-time needs . The only payment involved is when a supplier wants to have a video call directly...
Is Vintro Procurement Marketplace purely online, via the platform?
No, once you have you have had your initial meeting on VPM and met your ideal procurement officer/supplier, you can choose to share your email addresses, meaning you no longer need to communicate via the platform and can continue your conversations however you like.