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News & Press: Procurement News

We are excited to introduce you to CompareCoops (“co-ops”)

Tuesday, December 15, 2020  

 

 

We are excited to introduce you to CompareCoops (“co-ops”), the “Ultimate Bake-Off” and the easiest way for public agencies to quickly identify suppliers with cooperative purchasing contracts, access those contracts, get detailed competitive quotes, and robust reporting on contract usage. Transparent. Easy. Free.

 

CompareCoops is not a cooperative or a bidding software. Our platform is the best way to get detailed responses from suppliers with cooperative purchasing contracts via our easy-to-use RFx tool.

 

Buyers no longer have to manually navigate the sea of cooperative sites available to search for contracts that meet their needs. CompareCoops compiles available cooperative contract suppliers and brings them into a single application. There is no need to reach out to suppliers individually to obtain quotes, making it easier for you to compare more suppliers and suppliers to respond to you quickly. Procurement professionals can save time and effort on sourcing, comparing, and analyzing offers received. This solution will enable procurement professionals to invest more of their valuable time in complex solicitations and optimize cooperative contracts’ benefits.

Learn more via this quick video: https://vimeo.com/472902401

 

CompareCoops is a tool to help procurement professionals in their continuous process improvement journey.

 

Many public agencies struggle with the lack of resources to conduct the level of research and analysis required when recommending the use of a cooperative contract to their governing body. CompareCoops is a tool that enables the optimization of resources by reaping the benefits of cooperative purchasing while minimizing the time needed to determine which contract offers the highest value to the public entity.

 

CompareCoops is easy to use. Once the buyer selects a contract category, CompareCoops will identify contracts available from multiple cooperatives. The system will prompt buyers and suppliers of the next steps. Suppliers can submit their offerings electronically directly in the system.  The system encourages a full review and best value evaluation of supplier responses. CompareCoops doesn’t house cooperative pricing but suppliers commit to respond to requests with their corresponding contract pricing and agency parameters. The buyer will then have the ability to compare responses and access contract information within CompareCoops. Once the public agency makes a selection, it can issue a purchase order following the agency’s own internal process.


CompareCoops is powered by VendorPanel, a global company.

 

VendorPanel is an award-winning SaaS Platform offering procurement automation solutions to government agencies and the private sector. The platform has grown to over 64,000 users.  In the last ten years, users have enjoyed the system’s uptime guarantee of 99.8% and the security offered by Microsoft Azure. In 2018, CIPS recognized VendorPanel with its Most Innovative Use of Technology Award.

 

CompareCoops is hosted in VendorPanel’s robust procurement platform, and it is now available to all public procurement professionals at no cost to public agencies. We invite you to register today and request a demonstration.  If you are a procurement professional seeking to improve efficiencies when reviewing available cooperative contracts, CompareCoops is the tool for you.

 

Visit www.comparecoops.com for more information and be sure to visit our virtual CAPPO booth throughout the conference.