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Procurement is changing. Reduced budgets and economic downturns have shifted the focus for government purchasing officials to lowering costs, saving time and working with limited resources. Local public purchasing organizations are turning to regional purchasing groups powered by SourceSuite to access a larger network of suppliers and increase efficiency through shared resources. These bid systems unite a group of local government agencies from a specific region or state on a centralized, cloud-based e-procurement platform.
In August 2013, the Institute for Public Procurement (NIGP) held its annual NIGP Forum in Orlando, Florida. BidNet and SourceSuite were selected to host an educational panel discussion at the forum regarding transparency in the public sector. The panel session "Transparent as Glass: Transparency throughout the Procurement Process" was an open discussion with four panelists...
In general business processes, and especially within procurement functions, a big question is often looming: can an organization be both efficient and effective? The answer, thankfully, is yes. Many purchasing organizations are finding that efficiency can lead to effectiveness. The key is balancing efficient processes and effective results.
Within the purchasing and procurement profession, many expect another year with the same pain points and struggles as before. It's time to move the purchasing process forward. SourceSuite e-procurement solutions enable companies and public organizations to simplify their purchasing processes through bid and vendor management. Resolve to make 2014 more efficient than previous years with a new set of goals for your professional role and the purchasing department as a whole.