The following is an excerpt from an article by Liz Carmack for GovPro Magazine:
In the wake of Hurricane Katrina, the rebuilding of New Orleans made it more important than ever for the city to modernize its cumbersome and inefficient paper-based purchasing process. Thanks to the Web-based BuySpeed e-procurement system, the city was able to accomplish that – saving more than $1.25 million along the way.
Since being implemented in 2006, BuySpeed has helped the city cut its processing time by 80 percent and increase its purchase orders by fivefold, even after staff cuts.