SmartProcure is repairing the connective tissue of society by creating confidence in government's spending of our collective resources and redirecting savings that can be used on community priorities.
Director of Capital Improvement for the Housing Authority of Monroe County, PA Joe Ruggiero, recently used SmartProcure’s GovSpend platform to shop around for quotes for a tree trimming project. Joe was able to see that a peer agency in a nearby county was already working with a tree-trimming vendor. From there, he was able to piggyback on the existing contract and lock in the same rate, ultimately saving Monroe County $50,000 as compared to the tree-trimming contractor previously under contract.
“Excellent tool that I’ll continue to use…GovSpend already paid for itself 10 times over,” Joe shared with us. Joe’s experience is but one in a sea of daily procurement by the US Government, which spends $2-3 Trillion every year on a myriad of items needed in the daily operations of government, including, yes even tree-trimming landscaping services.
The US Government spends $2-3 Trillion every year on a myriad of items needed in the daily operations of government.
Unfortunately, public procurement data has historically been siloed such that government agencies even in the same department, city, county or across state lines have no idea what their peer agencies pay for the same products and services. This results in waste and redundancy wherein agencies may end up paying different prices for the same good or service.
SmartProcure has aggregated almost 400 Million purchase orders to date.
SmartProcure has aggregated almost 400 Million purchase orders in 8,000 different formats from 24,000+ agencies to date to build a searchable procurement database that enables local, state and federal government agencies to make the best purchasing decisions.
Read more from about SmartProcure’s work on making the procurement process efficient and effective here. We’re excited to invest in a startup that has the potential to save taxpayers billions of dollars!