SmartProcure and TCPN Form Alliance

May 22, 2014 - PRLog -- SmartProcure and TCPN Form Alliance
to Lower Government Purchasing Costs

DEERFIELD BEACH, FL, May 22, 2014 – SmartProcure, LLC, and TCPN (The Cooperative Purchasing Network) announce the launch of an alliance to enable the public sector to make more efficient procurement decisions and save taxpayer dollars. SmartProcure’s proprietary system provides access to data from over 90 million purchase orders issued by more than 3,200 government agencies, and TCPN’s network of government agencies will have full access to the database.

Local, state, and federal government agencies in the U.S. spend over $20 billion each day, totaling more than $7 trillion dollars of goods and services annually. There are more than 89,000 public agencies in the US, and combined these agencies represent the largest purchaser in the world. However, only a very small percentage of procurement information is ever shared between these agencies and, as a result, government organizations rarely benefit from their enormous collective purchasing power.

SmartProcure will enable TCPN’s network of government agencies to identify prospective vendors, evaluate pricing parameters, confirm vendor performance, leverage existing contracts, and share lessons learned. Additionally, the system provides the ability to conduct in-depth analysis on procurement trends related to specific goods and services, regional and state acquisitions, vendor contract awards, and overall government spending. SmartProcure is a software-as-a-service (SaaS) solution (requiring no hardware or installation of software) that is provided free to government agencies.

“With SmartProcure, TCPN’s government agencies will be able to look up any product or service and instantly see which agencies found the best price, as well as which vendors offer the best value,” said Jeff Rubenstein, CEO & Founder of SmartProcure. “SmartProcure is the only source of local, state, and federal purchasing data in the nation, and we’re proud to join forces with TCPN.”

TCPN seeks to help agencies reduce costs through collective purchasing power,  bringing economic benefits unobtainable by an individual entity. TCPN is a national purchasing cooperative, leveraging one of the largest pools of purchasing potential. TCPN’s contracts offer school districts the purchasing power many are unable to command for themselves; small entities receive the same pricing as the largest buyers.

TCPN, through a lead public agency, maintains contracts with national vendors for commonly purchased products and services, allowing school districts to make compliant purchases. TCPN contract's are competitively bid, evaluated, and awarded by a government entity serving in the lead agency role. Purchasing through a cooperative has proven to reduce administrative and production costs, increase efficiencies, and stretch shrinking budgets during difficult times.

"Our partnership with SmartProcure is another way that TCPN is committed to helping agencies drive efficiencies while keeping down costs," said Chris Penny, Vice President at TCPN. "This product gives our members the ability to better understand the purchasing trends of their organization, along with insight into agencies all across the nation."

SmartProcure will allow TCPN’s network of government agencies to save even more time and money through unparalleled access and sharing of data. Access to the purchase order information, combined with the system’s analytical and reporting functionalities, will provide TCPN’s network with the opportunity to reduce the costs of purchases of goods and services by giving them insight into what agencies across the nation are paying.

“Together, SmartProcure will serve as a force multiplier for TCPN’s network of government agencies,” said Rubenstein. “TCPN’s government agencies not only get to enjoy the power of TCPN’s collective purchasing, but also instant access to SmartProcure’s purchasing data to negotiate the best price, every time.”

About SmartProcure, LLC.

SmartProcure, LLC, provides unprecedented access to government procurement data history using proprietary software enabling local, state, and federal agencies in the U.S. to significantly reduce their costs and make more efficient procurement decisions, which save taxpayer dollars. Government agencies use the system to identify prospective vendors, evaluate pricing parameters, confirm vendor performance, and share lessons learned. For more information, including a demo of the service, please visit: www.smartprocure.us (https://ow133.infusionsoft.com/go/mainsite/tcpn/)

About TCPN

The Cooperative Purchasing Network (“TCPN”) assists public agencies and non-profits reap the benefits of national leveraged pricing, with no cost to the member. TCPN leverages one of the largest pools of purchasing potential. This is accomplished by competitively soliciting proposals and awarding contracts for commonly purchased products and services. Through the TCPN solicitation process, Region 4 ESC awards contracts covering Facilities, Furniture, Office Supplies & Equipment, Security Systems, and Technology and other goods and services industries. For more information, please visit www.tcpn.org.

Contact

SmartProcure

Jeff Rubenstein

700 West Hillsboro, 4-100

Deerfield Beach, FL

(954) 420-9900 x501

jeff@smartprocure.us