FRISCO, Texas--(BUSINESS WIRE)--Valify, a web-based purchased services solution that allows healthcare organizations to quickly identify, benchmark, and track savings in over 1,200 categories, has been named one of Gartner’s Cool Vendors in Supply Chain Execution Technologies for 2017. According to the report, “This year, Gartner's Cool Vendors in Supply Chain Execution Technologies highlights the innovative nature of vendors that strive to improve the agility, connectedness and operational effectiveness of supply chain organizations.”1
“We are honored to be recognized by Gartner,” said Chris Heckler, CEO at Valify. “We believe this recognition further confirms that our end-to-end platform is an essential solution for hospitals and health systems to realize actual, bottom-line savings. Valify makes understanding purchased services spend straightforward and has powerful benchmarking data to provide customers with actionable-insights.”
Valify’s comprehensive methodology and extensive database of vendors is required for meaningful benchmarks. Valify categorizes spend in purchased services which can’t be tracked by SKU numbers and that doesn’t “come in a box” but which can total up to 45 percent of non-labor spend for hospitals and health systems. These include service categories such as linens and laundry, biomed, energy, food service, equipment rental, HVAC, waste management, and hundreds more. For all customers, Valify includes proprietary benchmarking analysis, vendor market share insights, and customized RFP templates to empower purchased services teams. Finally, Valify develops a road map for spend savings and a method to track it for compliance, providing a complete purchased services solution for organizations to increase efficiency, productivity, and savings by an average of 20-30% per category.
1 Gartner, Cool Vendors in Supply Chain Execution Technologies, 2017, 20 April 2017
About Gartner’s Cool Vendors:
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Valify is a web-based purchased services solution that allows healthcare organizations to quickly identify, benchmark, and track savings in over 1,200 categories. With proprietary benchmarking analysis, market share insights, and customization RFP templates, Valify provides a proven end-to-end purchased services solution for organizations to increase efficiency, productivity, and savings.
Valify was founded in 2014 by purchased services and healthcare technology experts.