#USA #Los Angeles #OMNIA Partners #Virto Commerce #OPUS Platform

Transforming Cooperative Purchasing with OPUS

Virto Commerce, a recognized leader in B2B eCommerce solutions, in collaboration with OMNIA Partners, has set a new benchmark in cooperative purchasing for the public sector. Their innovative digital procurement platform, named OPUS, is designed specifically to streamline and enhance the purchasing processes for over 14,000 public agencies across North America.

Addressing Procurement Challenges

The public sector, particularly smaller state and local agencies, often faces significant challenges when it comes to procurement. Fragmented systems, limited staffing, and complex compliance requirements have made it a cumbersome task, involving extensive time and resources. Agencies traditionally had to navigate through several supplier websites, leading to prolonged workflows and diminished engagement.

To tackle these issues, OMNIA Partners partnered with Virto Commerce to develop OPUS, a modern, unified platform that optimizes procurement. This cloud-based eCommerce system offers a robust and efficient solution to help government buyers procure necessary items swiftly and effectively.

Features of the OPUS Platform

At the heart of OPUS is a user-friendly interface that significantly improves the procurement experience:

• - QuickConnect: This exclusive feature enables instant connections between buyers and supplier contacts equipped with public sector procurement expertise, thus eliminating hours of research and ensuring compliance.
• - Multi-Vendor Catalog: Users gain centralized access to a vast inventory of over 7.5 million SKUs from 630 trusted suppliers, streamlining the procurement process.
• - Flexible Workflows: Customizable workflows support agency-specific approvals and supplier-managed credits, allowing for greater adaptability to unique procurement needs.
• - Built-in Analytics: The platform's analytics capabilities provide valuable insights, promoting transparency and enabling data-driven optimizations.

Denise Woodside, EVP of Digital Strategy and Operations at OMNIA Partners, praised the user interface: "The user interface stood out immediately. It was elegant, intuitive, and far superior to other options."

Significant Time Savings

The impact of OPUS is reflected in remarkable time savings for procurement processes. The time necessary to procure items has plummeted from an average of three hours, often spread over several days, to just ten minutes. Furthermore, QuickConnect has facilitated over 1,000 monthly links between agencies and suppliers, underscoring the efficiency improvements being realized.

Built for Scalability

Designed with input from experienced procurement professionals, OPUS meets real-world cooperative purchasing workflows while ensuring user-friendliness. Virto's headless and composable Commerce Innovation Platform empowered the creation of a marketplace geared for scalability and transformation of government procurement.

Alexander Siniouguine, Founder and CEO of Virto Commerce, remarked, "Together with OMNIA Partners, we didn't just build a multi-vendor marketplace; we delivered a scalable model for transforming government procurement."

Expansion to Private Sector

Buoyed by its success in the public sector, OMNIA Partners is prepared to broaden the reach of OPUS to benefit for-profit companies, with pilot programs already launched. The platform is poised to serve OMNIA Partners' 15,000+ private-sector members, covering 35 industries, including more than 30% of the Fortune 1000.

Woodside remarked on the collaboration, stating, "We've been able to overcome industry challenges that have stalled other platforms. It's been a true collaboration of expertise and flexibility."

About Virto Commerce

Founded in 2011, Virto Commerce is at the forefront of B2B eCommerce and marketplace solutions. Headquartered in Los Angeles with additional offices in Limassol and Vilnius, the company focuses on highly customizable headless commerce platforms aimed at empowering businesses through innovative solutions. Central to their offerings is the Commerce Innovation Platform, which supports the creation of sophisticated eCommerce products that can lead to sustainable business transformations.

About OMNIA Partners

OMNIA Partners stands as the largest and most experienced purchasing organization, facilitating procurement for both the public and private sectors. Their impressive purchasing power and partnerships with industry-leading suppliers have yielded a wealth of procurement solutions for organizations nationwide.

For more information about Virto Commerce and OMNIA Partners, visit virtuocommerce.com and omniapartners.com respectively.