Teampay vs. Varis

Teampay by Paystand is an all-in-one spend management platform designed to help organizations efficiently manage their purchasing processes. This solution provides built-in controls that enforce company policies upfront, allowing finance teams to maintain oversight while enabling managers and employees to have real-time visibility into actual spending. By streamlining the purchasing experience, Teampay by Paystand empowers users to make compliant purchases quickly and effectively, ensuring that all company spending is managed in one centralized location.

Varis (formerly BuyerQuest) is consumer-like procurement technology with a marketplace of trusted suppliers, driving hard cost-savings and employee productivity. Partners and customers can create curated marketplaces that include their existing contracts as well as pre-negotiated contracts across complementary categories that aren’t currently being managed. Users have a one-stop shopping experience with one search and one shopping cart to find everything they need. Varis also helps organizations digitize and automate processes to increase finance and procurement efficiency.