AMERICAN FORK, UT--(Marketwired - May 14, 2014) - BidSync, the industry leader in developing cloud-based end-to-end procurement solutions for the public sector, continues its mission to add value and harness innovation with a new e-book.
"It's exciting to connect with the community through media like our e-books," says BidSync's interim CEO, Fred Tillman. "The more we know, the more knowledge we gather and share, the better the industry gets as a whole. We're starting with Cooperative Agreements 101 because, quite simply, cooperative purchasing helps public agencies do more with less."
More than 50% of government agencies project that they will increase their use of co-ops in the next three years. According to public sector procurement professionals, this is due to big benefits like time savings, drastically reduced expenses, well-written contracts, expanding price tiers and better quality of service from vendors. By joining a procurement cooperative or piggybacking on an existing contract, an agency can significantly reduce acquisition expenses and procurement cycle times while increasing operational efficiencies.
Cooperative Agreements 101: Graduating with a "Degree" in Purchasing Power is designed to teach the evolution of e-procurement, what public sector agencies and organizations get from participating in cooperative purchasing, how to determine if a particular co-op is a good fit, and what happens next. With resources including links, white papers, videos and more, Cooperative Agreements 101 offers a quick overview of the co-op market and the path to choosing the right co-op partner.
Download a copy and discover how procurement cooperatives and piggybacking can result in a win/win for government and non-governmental organizations (NGOs).
BidSync's class-leading e-procurement products give public sector organizations the tools they need to manage procurement more efficiently. BidSync also provides bid notification services to more than 800,000 vendors around the country who are looking to do business with government agencies.
BidSync Source is one part of the BidSync's end-to-end e-procurement solution. BidSync Contract™ allows public sector agencies to create, manage and award service and product solicitations, reducing bid creation time from weeks to hours and facilitating shorter purchasing cycles. BidSync Purchase™ enables agencies to effectively and easily manage their purchase-to-pay cycle. This comprehensive solution is designed to rein-in spend and deploy a strategic purchasing program.
About BidSync: BidSync is the industry leader in developing cloud-based, end-to-end procurement and bid notification solutions for the public sector. More than 1,000 government agencies nationwide employ BidSync's e-procurement solutions to reduce costs and improve efficiencies to meet increasing procurement demands. Providing the largest government bid notification system in North America, BidSync enables its database of more than 800,000 suppliers and vendors to identify, respond to and potentially win more bid opportunities. BidSync was founded in 1999 and is headquartered in American Fork, Utah. To learn more about BidSync, visit www.bidsync.com.