mdf commerce, the leader in procurement technology solutions, announced that it has signed a NASPO ValuePoint® Master Agreement with the State of Maine for Periscope’s source-to-pay solution. This award makes Periscope’s technology available to state and local government, public education, and other public entities in Maine, as well as public entities outside the state.
NASPO ValuePoint is regarded as the nation’s most significant public contract cooperative due to its unparalleled value for members as well as contractors, its competitive pricing, and its superior terms and conditions. NASPO ValuePoint eProcurement Solutions and Services Master Agreements are only awarded through a competitive RFP to a limited number of eProcurement solution providers whose offerings meet stringent security and data protection requirements.
“We are excited to add Periscope to the list of contracts available to the NASPO membership. By leveraging cooperative buying, we are giving the right tools to CPOs throughout the country to effectively decrease their cost and time spent within the procurement process,” said Jaime C. Schorr, MBA, JD, Chief Cooperative Procurement Officer, National Association of State Procurement Officials. “Working alongside Periscope, we look forward to helping add to our portfolio of compliant contracts available through NASPO.”
With this Master Agreement, state procurement teams will have access to Periscope’s comprehensive source-to-pay solution, including each of the workstreams outlined below:
• Supplier Portal – Provides a single point of entry for all supplier-facing functions
• Supplier Enablement/Management – Supports all procurement activities, including a supplier database
• Buyer Portal – Facilitates a single point of entry to initiate the full life cycle of procurement activities
• Need Identification and Configurable Process Workflows – Customizes procurement actions
• Request through Pay – Automates the ordering process
• Marketplaces – Allows for maintenance of contract/non-contract catalogs
• Sourcing/Bid Management – Automates the entire solicitation process
• Contract Management (CLM) – Encompasses all aspects of the contract life cycle
• Vendor Performance – Measures, analyzes and manages the performance of suppliers
• Purchasing/Data Analytics – Provides robust data analytics and reporting
“We are pleased to have been chosen to supply NASPO members with our robust, compliant and fully configurable source-to-pay solution. Periscope’s technology gives government entities the tools they need to improve efficiency, transparency and ease-of-use throughout the procurement process,” said Mark Eigenbauer, President of mdf commerce, eProcurement. “Our entire team continues to be committed to helping governments achieve their goals in an effective and fiscally responsible manner.”
About Periscope, powered by mdf commerce
mdf commerce enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses worldwide, allowing them to generate billions of dollars in transactions annually. As part of mdf commerce, Periscope has been transforming public sector procurement with technology and solutions for both buyers and suppliers since 2001.
About NASPO and NASPO ValuePoint
The National Association of State Procurement Officials (NASPO) is a non-profit association dedicated to advancing public procurement through leadership, excellence, and integrity. It is made up of the directors of the central purchasing offices in each of the 50 states, the District of Columbia, and the territories of the United States. NASPO is an organization that helps its members as public procurement leaders by promoting best practices, education, professional development, research, and innovative procurement strategies. Learn more at www.naspo.org.
NASPO ValuePoint is the cooperative purchasing division of the National Association of State Procurement Officials (NASPO), facilitating cooperative public procurement solicitations using a Lead State model. NASPO ValuePoint delivers high value, reliable, and competitively sourced cooperative contracts—offering public entities outstanding prices, favorable terms and conditions, and value-added services. Learn more at www.naspovaluepoint.org.
NASPO®, NASPO ValuePoint®, and Lead State Model® are registered trademarks of the National Association of State Procurement Officials.