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What eProcurement Solution Helped Purchasing Professionals During the Pandemic?

Tuesday, March 15, 2022  

When we think of the lessons learned from the pandemic, one keyword comes to mind AGILITY.  Merriam-Webster's definition of Agile is "marked by ready to move with quick, easy grace, having a quick resourceful and adaptable character."  Sound familiar? 

Most purchasing professionals worked remotely while still needing to interact with vendors, contractors, and the public. The entire process had to become virtual almost overnight!  Agile eProcurement SaaS solutions became and still are an urgent need as we navigate to the new normal.  Many purchasing professionals are back in the office, but the disruption of how we do business has made us more innovative and pushes us through the usual resistance to change. Embracing technology to get the job done is now a necessity, not an option.  

Purchasing professionals are resilient and agile. Let's face it, you have to be in procurement.  I understand the need for technology to be Agile, being the former Procurement Manager at the Indianapolis Airport Authority and the Indianapolis Zoo, a not-for-profit organization.  Unfortunately, procurement professionals often do not advocate for the tools they need to take their business function from tactical to strategic. Finance professionals have spent money on their financial systems for decades to streamline their business functions. Yet still today, many procurement professionals at government agencies continue using a manual process. 

As we transition to the post-pandemic, n ow is the time to research how an AGILE eProcurement solution or its additional features can benefit your staff, department, and organization.   Many organizations have received funds from the pandemic, and it is more important than ever for procurement to get involved.  

Looking at lessons learned, how can technology take your department to the next level from tactical to strategic?  Even if you are currently using technology for electronic bidding and vendor registration, what about other business functions such as project evaluation, contract management, compliance, insurance certificate management, and emergency operations. And how about prequalification and setting diversity goals?  

Agile automation solutions , such as the PB System™ provided by PlanetBids, a proven SaaS solution, offer many benefits at a cost-effective price  with an ROI in as little as one bid.  In most cases, automation costs less than you think and can be easily justified. Our agile PB System™ can handle your processes and has been a proven leader for over 20 years in the industry.

Items to consider in an Agile eProcurement system are:

 
  • Providing transparency beyond posting solicitations – to include bid awards, contracts, certifications
  • Tracking and compliance of diversity participation and payments on contracts
  • Complete Construction Bidding - Accept eBonds and Subcontractors
  • Automating project evaluations for scoring and/or ranking responses
  • Bringing your entire prequalification process online for construction quickly
  • Reducing Freedom of Information Requests by having an easy-to-use system accessible to the public
  • Increasing stakeholder access to critical data , including Contracts and Insurance
  • Intelligent collaboration
  • Additional automation offered beyond procurement
    • Contract management
    • Contract compliance to ensure your primes are meeting diversity requirements
    • Complete Insurance certificate management
    • Vendors/contractors enter their data online in the system
    • Manage multi-tiered prequalification applications

  • Emergency operations planning to prepare for the next unknown
  • Interconnected modules on one dashboard provide for accurate reporting and reduction of human error.
  • Quick, easy, configurable implementation!  Go live in as little as two days!

The  PlanetBids solution is AGILE and a game-changer, taking the purchasing function from tactical to strategic. It also benefits your business community, providing a transparent solution connecting vendors and contractors to your organization. 

Attend one of our upcoming, free, webinars to learn how you can be agile! 

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Mar 24, 2022
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Apr 14, 2022
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Want to know more?

PlanetBids , Inc is a WBE, SBE & US Corporation celebrating 22 years of excellence.  For a demonstration, go to  Schedule a Demo  or call us at 818.992.1771.