the challenge

IT organizations are being asked to do more with less. The funds for new projects are being spent supporting and maintaining prior technology purchases. Today there is no objective way for an IT organization to determine if they have paid too much for prior technology purchases, and there is no way to get back that money when, after the fact, they learn they have overpaid.

the solution

Virtual Procurement Services (VPS) customers are receiving rebate checks and credits in 2010 for monies they have spent on technology in 2007, 2008, and 2009. VPS uses proprietary technology (VVI©) and processes to evaluate and renegotiate technology maintenance contracts. VPS is earning back this money for our customers without affecting vendor relationships or service level agreements.

the fee structure

VPS customers are not charged for our services until we have saved them money, and when they consider themselves to be completely satisfied.

 

"It happened in Telco: It happened in Utilities:
Now VPS is making it happen in Technology."


"61% of every dollar spent by customers in their data centers is directly tied to technology maintenance costs; 41% of every dollar earned on technology maintenance is profit."
VPS is the answer to that disconnect.