The Platform That Secured 9 Firms $57M in Contracts
Alacriti Analytics is a pioneering platform designed to streamline the vendor procurement process and empower businesses to leverage data-driven insights for maximum revenue growth. Our innovative solution addresses the challenges faced by businesses and government agencies in navigating the complex landscape of contract acquisition and vendor sourcing.
Navigating the $1B+ Government Contract Maze
For many small and minority-owned businesses (MWBEs), as well as veteran and women-owned enterprises, securing government contracts is a time-consuming and costly process. The pre-qualification and Request for Proposal (RFP) phases alone can take several months, requiring extensive legal and accounting support. Conversely, government agencies often struggle to identify qualified vendors that meet their contract spending goals efficiently. The traditional vendor sourcing process is manual, inefficient, and hinders agencies from making timely decisions.
How We Helped This AI-Powered Platform Automated a $100M+ Process?
AtliQ Technologies partnered with subject matter experts to develop Alacriti Analytics, a comprehensive platform designed to streamline the vendor procurement process for businesses and government agencies.
Comprehensive Toolbox: Assessment, Matching, and Coaching
Measurable Results and Impact
With the Alacriti Analytics platform, numerous MWBEs and minority-owned firms secured high-value government contracts. In 2023 alone, nine firms secured contracts worth a combined $57 million, a testament to the platform’s effectiveness in bridging the gap between businesses and government agencies.
By automating the vendor procurement process, Alacriti Analytics aims to significantly reduce the workload for procurement managers, streamline the vetting and hiring processes, and empower SMEs to navigate the complex world of government contracting more efficiently. As a result, businesses can save substantial costs associated with legal and accounting services, allowing them to allocate resources more strategically.
Key Achievements In This Project
Conclusion
Through the Alacriti Analytics platform, our team has demonstrated its expertise in leveraging cutting-edge technologies, including data analytics, automation, and AI, to solve real-world business challenges. We remain committed to developing innovative solutions that empower businesses, streamline processes, and drive growth across various industries while fostering inclusivity and equal opportunities for all.