News | August 11, 2014

BidSync Launches Two New Solutions

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BidSync Request™ and BidSync Purchase™ Will Revolutionize Automated E-Procurement

American Fork, UT (Marketwired) - BidSync (bidsync.com) launched two new solutions today, BidSync Request and BidSync Purchase. With the addition of the two solutions to the BidSync eProcurement™ product suite, the company is now able to offer the only e-procurement solution that fully automates every phase of the purchasing cycle. BidSync's cloud-based e-procurement solutions deliver cross-functionality through the entire procurement process from request to settle.

BidSync Request streamlines and automates the processes of gathering requirements and specifications from agency stakeholders to create procurement requests that comply with guidelines and acquisition strategies.

BidSync Purchase is designed to effectively rein in spend by offering instant visibility into tax-dollar expenses as they occur. Users have direct oversight of spend against budget that allows strategic purchasing decisions.

As with every component of the company's end-to-end, automated e-procurement solutions, both products feature a simple user interface and customizable approval workflows that comply with an agency's specified purchasing policies and regulations. The company's innovative e-procurement solutions have been trusted by more than 1,000 public sector agencies nationwide.

"BidSync Request and BidSync Purchase are the result of our commitment to provide the most comprehensive, end-to-end e-procurement solution on the market today," said Fred Tillman, interim CEO. "Effectively managing the purchasing cycle begins at the purchasing request and doesn't end until the final settlement. With these two new products, agencies will be able to automate and effectively manage the entire process from beginning to end."

Some of the features and benefits of BidSync Request include:

  • Managed access to create, administer and track procurement requests within a streamlined organized, secure web-based environment.
  • Wizards that assist even the most novice requestor through the process of creating purchasing requests that conform to agency protocols and requirements.
  • Flexible and collaborative requirement gathering and scope management that allow stakeholders to keep request drafts indefinitely as "works-in-progress."
  • Internal messaging that enhances collaboration and communication in a "social" environment that is familiar and efficient.
  • Requestor access to vendor catalogs and existing contracts, enhancing buying power.

Some of the features and benefits of BidSync Purchase include:

  • The first and only cloud-based purchase-to-pay tool designed to completely integrate within a unified source-to-settle system, in addition to legacy financial systems.
  • Easy, organized, paperless management of purchase orders.
  • Online access and management of e-catalogs.
  • Quick and seamless access to review order receipt and payment status.
  • Powerful tools that bring sellers, buyers and end-users together within an easy-to-use, online environment.

BidSync's new solutions bridge the gaps between the different phases of the purchasing cycle. It allows for unprecedented collaboration between procurement departments and agency stakeholders, and streamlines everything in an automated, paperless, cloud-based platform.

About BidSync
BidSync (www.bidsync.com) offers comprehensive, cloud-based, end-to-end e-procurement solutions that help public sector agencies streamline their procurement process, maintain compliance, reduce costs, enable transparency and save time. The solutions deliver cross-functionality through the entire procurement process from request to settle. BidSync also delivers bid notification services to more than 800,000 vendors nationwide. BidSync has more than 15 years of experience and its award-winning solutions have been relied on by more than 1,000 public sector agencies nationwide.

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Source: BidSync