AMERICAN FORK, UT--(Marketwire - Jan 22, 2013) - BidSync (www.bidsync.com), a leading provider of e-procurement solutions for public agencies, today announced that the Austin Independent School District is leaving its paper-based procurement and contract management processes behind and embracing the efficiencies of the cloud with BidSync Source™ and BidSync Contract™.
"With a growing school district of nearly 86,000 students that has become increasingly diverse, our contracting and procurement needs have outgrown the manual, paper-based processes we previously had in place," said Nicole Conley, Chief Financial Officer for Austin Independent School District.
BidSync Source and BidSync Contract provide instant visibility into spending and contract management processes, so data and status that previously required a great deal of research can be understood in a glance. The system also inherently allows for increased competition, which drives costs down significantly.
"BidSync gives us the ability to be truly strategic in our sourcing and contract negotiations and take our entire procurement program to a new level," Conley added.
By moving contract management to the cloud and automating what were formerly manual processes, BidSync Contract will enable Austin I.S.D. to dramatically speed up its contract creation and execution, improve how it collaborates both internally and with vendors, and enhance regulatory compliance.
Tailored to help public sector organizations streamline their procurement processes, BidSync Source is an easy-to-use, web-based system that helps track and manage the purchasing lifecycle. The system's versatility will allow Austin I.S.D. to conduct all bid types quickly and easily. Additionally, vendors can respond electronically to the school district's bid opportunities via secure, encrypted lockbox technology.
"Like most school districts across the nation, Austin Independent School District is working tremendously to make every dollar count," said Sabrina Stover, CEO of BidSync. "Cloud-based procurement and contract lifecycle management bring increased efficiencies to every step of the process and they will be able to increase their volume of bids with less effort. By tapping into our national database of 700,000 suppliers, they will take advantage of the savings that go hand-in-hand with increased competition."
Since 1999, BidSync has been a market leader in developing cloud-based, end-to-end procurement solutions for the public sector. More than 1,000 government agencies use BidSync's solutions to increase business efficiency, amplify spending power, manage contracts, improve process transparency and increase competition by leveraging BidSync's database of 700,000 qualified suppliers and service providers. To learn more about BidSync, visit www.bidsync.com.