Ask an apexanalytix Expert: smartvm in the Real World
Danny Thompson, SVP, Product & Market Strategy
Q: What impact is smartvm having outside of the procurement department?
The biggest impact is really in the local Community. What our clients are seeing is that they are able to identify potential suppliers who are small businesses, minority-owned or veteran-owned and driving businesses towards these valuable suppliers.
With multiple SBA programs, it is difficult to know which companies are eligible, if eligibility has expired or the program has changed. smartvm is an automated tool to verify that a small business is SBA certified and local communities come out the winner.