The City of New Orleans saved hundreds of thousands of dollars by rolling out BuySpeed’s Contract Management. Previously, New Orleans used a homegrown Electronic Contract Routing System that failed to meet the City’s needs. Rather than spending a fortune to recreate the wheel, the City’s Service and Innovation Team realized functionality within their eProcurement system BuySpeed that could solve their problems at a fraction of the cost.
Andy Kopplin, New Orleans’ Chief Administrative Officer, addressed City Council during a 2012 budget presentation on October 17th and said, “We spent well over $1 million in the prior administration building a customized software program to track contracts. Unfortunately, when we performed our contracting process, the software didn’t serve us well in terms of managing that new process. We looked at rewriting that program, and it was going to cost hundreds of thousands of dollars. Instead, folks from the innovations team looked at an existing program we used called BuySpeed. It turns out it has a contract tracking process with it. And for $63,000 we started using an existing component of BuySpeed that we’ve had for the last ten years that we’ve not implemented to track contracts. So that’s just one example of the kind of savings this team has produced for us.”
Start saving your agency money by implementing BuySpeed eProcurement or by expanding your current BuySpeed functionality.