New Periscope Holdings Technology Connects Public Sector Buyers to Over 900,000 Vendors

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Integration of BuySpeed eProcurement software with BidSync bid notification system enables greater opportunities for buyers, their existing suppliers and new vendors

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Periscope Holdings, the leader in purpose-based procurement announced today BuySpeed™ eprocurement software is now integrated with BidSync™ bid notification system. The integration provides public sector and higher education organizations access to a national database of over 900,000 vendors skilled in serving the public sector. In turn, all registered vendors gain access to even more bid opportunities as well as tools to help them better respond.

“When we joined forces with BidSync last year, we had a vision of becoming a public procurement powerhouse, furthering our purpose of eradicating waste and maximizing the value of every dollar spent,” said Brian Utley, President and CEO of Periscope Holdings. “This integration is an important step toward achieving our goals. Buyers and vendors are the heart of procurement and must rely on each other to succeed. We believe connecting these stakeholders with tools that increase the visibility of bids and enable better interaction will improve the procurement process and result in productivity gains for both purchasers and vendors.”

The integration of BuySpeed and BidSync was designed to ease the purchasing process and deliver benefits to BuySpeed customers, their existing suppliers as well as vendors already registered within BidSync bid notification system. Customers benefit from gaining access to over 900,000 vendors with their bid opportunities, resulting in better pricing and better services. Their existing suppliers gain the opportunity to access more agency bids, more tools and services to respond to solicitations and a centralized location to manage certification and solicitation tracking activity through a single, simple registration step. And, vendors already registered with BidSync bid notification now receive even more bid opportunities, with automatic access to all BuySpeed customer solicitations.

The integration functionality is available today to all new and existing BuySpeed customers (version 12 and higher). Contact sales(at) for more information.

Periscope Holdings, Inc. (, headquartered in Austin, Texas, is the leader in purpose-based procurement. Periscope eradicates waste and maximizes the value of every dollar spent by our public sector and higher education clients with procurement transformation solutions and services.

Periscope offers an eProcurement software suite, BuySpeed™, holds the exclusive license to maintain, enhance, and market the NIGP Commodity/Services Code, and manages the NIGP Consulting Program, which provides a wide range of procurement transformation services, including procurement strategy development, organizational assessments, relevant benchmarking, process reviews, and strategic sourcing services. Our solutions streamline processes, increase efficiency, decrease expenditures, and create transparency, allowing our clients to focus on achieving their purpose.

On December 8, 2014, Periscope Holdings acquired BidSync, an industry leader in developing cloud-based procurement and bid notification solutions for the public sector. Periscope’s addition of BidSync creates a true procurement powerhouse with an unmatched portfolio of solutions to serve the public and higher education procurement markets and the vendors who supply goods and services to them. Click here to read the press release announcing this acquisition

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Britton Cronin

Britton Cronin
since: 05/2012
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