Periscope Holdings

News/Resources

Periscope Holdings Cited in Gartner’s 2016 “Cool Vendors in Procurement and Sourcing Technology,” Report

New Report by Leading Analysts Evaluates Innovative Procurement and Sourcing Vendors

Periscope Holdings today announced that Gartner, Inc. cited the company in the Where are They Now section of the report titled “Cool Vendors in Procurement and Sourcing Technology, 2016”.

According to Gartner, U.S. based state and local government organizations need specialized procurement and sourcing solutions as a result of tradition and law.

Periscope Holdings’ best-of-breed procurement software, BuySpeed is designed especially for public sector, non-profit and higher education institutions.  BuySpeed is a complete procure-to-pay solution, providing support for all procurement-related processes and system requirements, including: sourcing, receiving, vendor registration and management, solicitation, quotes, accounts payable, government-to-business punch-outs, and requisitioning. BuySpeed also has the flexibility to adapt to multiple third-party systems, making it easy to fully integrate the eProcurement solution with any financial system or ERP. As a result, customers gain broader visibility into their organization’s budget spend and project management, allowing them to make data-driven procurement decisions.

The Gartner report states that “modern procurement and sourcing solution adoption has progressed much more slowly” than predicted.  “U.S. state and local governments still remain far behind U.S. private industry and many European governments in terms of procurement modernization.”

To find out how Periscope Holdings can help public sector, non-profit and higher education organizations transform procurement, visit www.periscopeholdings.com or email info@periscopeholdings.com.

Supporting Resources

ANALYST REPORT

Gartner reports are available at www.gartner.comCool Vendors in Procurement and Sourcing Technology, 2016 was released May 2016


NIGP Code Replaces NAICS at Tampa International Airport

“NIGP Code helps Tampa International Airport streamline supplier registration and notifications – not to mention track our suppliers and spend better.”

-Connie Mundzak, CPPO, CPPB / Tampa International Airport / Sr. Manager, Procurement


NIGP Code Replaces NAICS for Better Supplier Registration & Tracking

Tampa International Airport moved from NAICS to NIGP Code when expanding their ePro system to include supplier self-registration.  Suppliers are now required to select an NIGP Code to have a registration completed. The Codes are then used to determine notifications to suppliers.

NIGP allows for improved reporting at Tampa International Airport, including information by supplier, PO number, PO description, PO amount, and commodity code. “We’re looking forward to expanding our data analytics and reporting thru the Code to gain even more information on supplier registrations and spend,” said Mundzak.

Learn How the NIGP Code Can Help Your Organization


Periscope Holdings Unveils Faster, More Intuitive eProcurement Solution with a Redesigned User Interface

Austin, TX – Wednesday, June 1 2016 – Periscope Holdings has released a new version of its BuySpeed procure-to-pay solution for public sector, non-profit and higher education organizations.  The enhanced eProcurement suite features a redesigned user interface, faster search, improved catalog, and advanced reporting capabilities. BuySpeed version 14 provides a more engaging and productive experience to end-users to deliver even greater efficiency, transparency and savings.

“I am particularly proud of the enhancements we have made to this latest version of BuySpeed,” said Brian Utley, CEO of Periscope Holdings. “Our product and development teams delivered what our customers wanted, and more. BuySpeed looks and performs better than ever.  It processes search requests and transactions faster and includes some key functionality improvements that make the procurement portal more like an everyday shopping experience. We’re confident this latest release will help our customers continue to maximize the value of every dollar they spend.”

BuySpeed eProcurement is Periscope Holdings’ best-of-breed procure-to-pay solution designed specifically for public sector, non-profit and higher education organizations. It provides complete support for all procurement-related processes and system requirements, including: sourcing, receiving, vendor registration and management, solicitation, quotes, accounts payable, government-to-business punch-outs, and requisitioning. BuySpeed also has the flexibility to adapt to multiple third-party systems, making it easy to fully integrate the eProcurement solution with any financial system or ERP. As a result, customers gain broader visibility into their organization’s budget spend and project management, allowing them to make data-driven procurement decisions.

BuySpeed version 14 features many software enhancements and additional platform capabilities, including:

  • Redesigned User Interface – Major portions of BuySpeed have been redesigned from the ground up to simplify and streamline all aspects of the user experience.
  • Easy-to-Use Catalog – Designed to replicate familiar consumer shopping experiences, the improved catalog allows users to browse, collect items in a shopping cart, and then – when ready to create a Requisition –  use their shopping cart to ‘check out’.
  • Faster Search – New cutting-edge search technology helps users get more accurate results, faster.  Custom columns for Bids, Purchase Orders, and additional catalog filters are now searchable to enable users to quickly find the results they’re looking for.
  • Improved Reporting and Dashboards – BuySpeed’s Business Intelligent module added additional advanced filtering capabilities, including Top/Bottom filters, as well as additional chart formatting options, dashboard exports, and tree maps.
  • Built-In Access to the Periscope Supplier Network – The latest version of BuySpeed includes built-in access to the only supplier network created for the public sector.  With over 1 million enrolled suppliers, the Periscope Supplier Network helps buyers increase competition, exceed openness standards, and support suppliers with more opportunities and easier ways to respond.

To learn more about upgrading to BuySpeed version 14 or purchasing Periscope Holdings’ eProcurement solutions, contact info@periscopeholdings.com.

About Periscope Holdings, Inc.

Periscope Holdings, Inc. (http://www.periscopeholdings.com), headquartered in Austin, Texas, is a technology company focused on transforming procurement. Periscope offers an eProcurement software suite, BuySpeed™, bid notification system BidSync, holds the exclusive license to maintain, enhance, and market the NIGP Commodity/Services Code, and manages the NIGP Consulting Program.  Currently serving public sector, non-profit and higher education organizations, our solutions eradicate waste to maximize the value of every dollar spent.  We streamline processes, increase efficiency, decrease expenditures, and create transparency, allowing our clients to focus on achieving their purpose.

About Periscope Holdings, Inc.

Periscope Holdings, Inc. (http://www.periscopeholdings.com), headquartered in Austin, Texas, is a technology company focused on transforming procurement. Periscope offers an eProcurement software suite, BuySpeed™, bid notification system BidSync, holds the exclusive license to maintain, enhance, and market the NIGP Commodity/Services Code, and manages the NIGP Consulting Program.  Currently serving public sector, non-profit and higher education organizations, our solutions eradicate waste to maximize the value of every dollar spent.  We streamline processes, increase efficiency, decrease expenditures, and create transparency, allowing our clients to focus on achieving their purpose.


Special Report on State Purchasing

A recent article by Liz Farmer in Governing Magazine highlights a Special Report on State Purchasing. The report summarizes an assessment conducted by Governing Magazine of 39 state procurement operations. One telling conclusion – the top 5 performers have all embarked on eProcurement initiatives over the past decade.

The survey data and correlation to performance comes as no surprise. The magnitude of opportunity that exists for proper and progressive public procurement is truly only achievable if eProcurement technology is readily available to support operations and a strategic focus. Without technology, it’s back to the days of trying to track down requisitions that an internal customer “swears” was dropped off at the procurement office. Or perhaps, negotiating blindly because the organization lacks any spend visibility. Or, another scenario…customers purchasing products/services as needed and processing invoices for payment and forgoing proper procurement processes consisting of a requisition/purchase order, competition, or a contract order from existing contract.

Each of these activities is an example of life without technology. As Liz Farmer also states in the article “purchasing is in the heart of almost everything government does.” If you’re currently an active procurement professional, policy maker, or C-level management – take the time to learn where your organization ranks in procurement technology performance – as it directly impacts the delivery of critical, cost effective government services for constituents.


NIGP Forum 2016

More than one thousand public procurement professionals will gather once again at the largest educational event in North America, and if you have not made plans to attend, now is the time.

Join Procurement Professionals from all over the country from August 21st to the 24th in National Harbor, Maryland for the NIGP Forum 2016.

10 Reasons to Attend

  • #1 Public Procurement Event of the Year
  • Connect with 950+ colleagues
  • Attend 60+ educational sessions
  • Visit 200+ suppliers at the Products Expo
  • Earn up to 18 contact hours
  • Bring back an infinite number of ideas and solutions that will positively impact your agency and your community
  • Grow your skills through educational workshops & in-depth seminars
  • Learn from subject matter experts in the procurement field by attending relevant, real-world educational workshops
  • Address key procurement trends and dynamics facing governments today
  • CONNECT WITH PROCUREMENT COMMUNITIES


© 2009 Periscope Holdings, Inc. | Legal

Site design by: Russell/Shaw