In public procurement, realizing best value extends beyond protecting the budget. BidSync Source helps to reduce cycle time, minimize defects, improve internal customer satisfaction, decrease costs of procuring goods and services, and improve data for balanced decision-making.
Cloud-based BidSync Source™ is the standard for strategic sourcing solutions. BidSync Source enables customers to electronically create, manage and award all standard solicitation and quotation types, in addition to paper solicitations.
BidSync Source enables you to communicate real-time, information to your vendors. It automatically notifies both preferred and system suggested vendors of solicitation status, receipt and electronic tabulation of responses and awards.
BidSync Source helps you achieve a positive return on investment. According to analysis, organizations using this solution have achieved an average annual savings of 21%—comparing budgeted amounts vs. actual spend.
Calculations are based on documented Periscope Holdings customer savings and research from Aberdeen.