Vendor management in the public sector is different from vendor management the private sector because the government may be promoting a particular agenda or policy that may require the procurement department to collect and report vendor information to legislators, counsels, or citizens.
When a government procurement department is selecting a software provider, they must ensure the provider can capture the right information from vendors and store it in a flexible environment where the government can collect it. They also need to have an overarching system that shows what they are spending for local and minority vendors. It is essential that the government be able to report what they are doing on a day-to-day basis.
The Perfect Commerce public sector procurement solution was uniquely designed by public sector procurement professionals to accommodate the public sector procurement process. It is a simply implemented, SaaS on-demand solution that is quick to install, easy to adopt, and generates a fast return on investment. It is an end-to-end system that supports bid solicitation, contract creation, and catalog development.