May 4, 2023 – hunterAI, which specializes in deep spend data categorization, spend transparency, and savings insights, today announced it has received a contract for its analytics dashboard services from Vizient, the nation’s largest member-driven healthcare performance improvement company whose membership represents more than $130 billion in annual purchasing volume. The agreement is effective May 1.
hunterAI offers end-to-end analytics and actionable insights into spend data within weeks. The agreement will provide Vizient members increased access to hunterAI services, which facilitate full spend data transparency and present savings opportunities, through pre-negotiated terms and pricing. In addition, through the agreement, hunterAI Business Analysts will offer continued support to further facilitate the deliverables on savings.
The Insights Dashboards spotlights additional purchasing opportunities, provides strategic and evidence-based insights on the alternative sourcing options, highlights key price cost avoidance opportunities, supplier and product benchmarking, and product substitution alternatives. Individual data sets, unique to each provider, are now automated and normalized at an industry level. Additionally, Business Analysts support is available directly to the provider, to support their internal Procurement and Supply Chain departments, simplifying their manual and episodic purchasing process into a continuous flow of relevant and immediate insights. This is a truly compounded benefit offering. Facilitated by proprietary AI-ML technology, the speed to insights timeline is now reliably represented within weeks and refresh of monthly data within days.