Public Sector
Public Spend Forum Report: Measuring Public Procurement Value
Governments and agencies at all levels are facing tremendous pressure to maintain or improve services in the face of budgetary pressures. Rising entitlement and pension costs, growing taxpayer expectations and new requirements increase the challenge each year.
Public procurement / acquisition officials at the national, state and local levels are ideally positioned to help and can see the results being driven by peers in the private sector. Yet they face unique challenges. Outdated technology, increasing workload combined with lower staffing levels, poor data, difficulty identifying stakeholder requirements and extensive regulatory and legislative requirements all hinder progress and create frustration.
Ivalua for Public Sector
With Ivalua, Public Procurement / Acquisition teams can finally bring private sector best practices to the public sector to maximize taxpayer value. Ivalua’s platform combines the best-of-breed capabilities leveraged by hundred’s of the world’s leading companies with the flexibility and experience to meet the unique requirements of the public sector. Together, we can:
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Reduce costs / increase value for budget
- All spend categories – mission oriented, commercial products and services
- Public RFX
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Reduce cycle times & increase efficiency
- End-end procurement / acquisition process automation
- Services procurement using rate cards and profiles/li>
- Electronic invoicing and payables
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Improve collaboration w/suppliers and stakeholders
- Integrated project management and document sharing
- Powerful, configurable workflow
- Flexible questionnaires
- Segment supplier self-registration and onboarding
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Ensure transparency & control
- Real time spend data and reporting
- Federated procurement model
- Supplier 360 degree visibility
- Risk and performance scores and templates
After evaluating multiple technologies and service providers through a thorough RFP process, the City concluded that Ivalua and KPMG could provide the ease of use, depth and breadth of functionality ..that could support the complexity of their operations without customizations and one that the City could maintain on its own on an ongoing basis.
With the addition of this e-procurement system, Maryland is taking a significant step forward in the way we do business,”
“It is an adaptive tool that provides innovation and flexibility over time, fits into our modernization goals of innovation and efficiency, and will help us anticipate future needs. It is a comprehensive procurement and business process transformation.
Ivalua customers see immediate and sustainable results
Suppliers Enabled electronically by leading information services provider
Electronic invoice Adoption within three months by a major city agency
Overpayments by a government agency
Current accessible spend data by a national security information provider
Invoice matching accuracy by a leading government contract agency
Proven, reliable partner for public sector organizations.
Resources
Read how this government organization took their procurement and sourcing practices to the next level with Ivalua.
Ivalua and Public Sector Procurement & Acquisition
Shared Services Canada and CACI
