AMERICAN FORK, UT--(Marketwired - May 6, 2014) - In a move that will bring advanced e-procurement solutions to the organization, Purchasing Solutions Alliance (PSA) has chosen BidSync Source (bidsync.com) as its electronic sourcing solution. PSA is a leading cooperative purchasing organization for public sector agencies and non-profits. BidSync is the leader in cloud-based, end-to-end procurement and bid notification services. More than 1,000 government agencies have chosen BidSync for their e-procurement needs.
PSA will use BidSync Source to create, manage and award service and product solicitations. BidSync's vendor portal will enable the cooperative purchasing organization to receive bids and vendor qualification and certification documents online. BidSync's solution will increase efficiency, transparency and cost-effectiveness for the co-op.
"Because we are doing solicitations and RFPs that will benefit our member agencies, we needed a solution that would also save us resources and money," said Michael D. Lucas, program manager at Purchasing Solutions Alliance. "BidSync's e-procurement solutions meet the needs of our organization as well as our member 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.
"We are very excited to be working with PSA," said Fred Tillman, interim BidSync CEO. "The organization will be able to create and manage best-in-class solicitations. BidSync's solutions will enable the organization to attract qualified vendors, adding more value to itself and its members."
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.
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.
About Purchasing Solutions Alliance (PSA): Created in 2008 by the Brazos Valley Council of Governments (BVCOG), Purchasing Solutions Alliance (PSA) is a purchasing cooperative for public agencies, including cities, towns, counties, special districts, political subdivisions, K-12, universities/colleges, non-profits and state agencies, etc. The purpose of PSA is to help members save money on goods and services by identifying qualified vendors, complying with state and federal bidding requirements and relieving the burdens of governmental purchasing by realizing economies of scale. Participating member agencies enter into an Interlocal Purchasing Agreement (ILA) with PSA which permits the member to purchase off or "piggyback" PSA's contracts. Members receive advantageous terms and conditions and reduced costs on products and services without compromising quality. Membership with PSA is provided at no cost and there are no obligations to meet minimum spending requirements. Visit www.psabuy.org for more information.