With recent developments of the COVID-19 pandemic, cities, counties, and agencies that previously relied on paper RFx submissions from vendors need a way to accept bids electronically. In this challenging situation, CobbleStone’s electronic sourcing software, which equips organizations with remote bid and RFx management, is the solution.
CobbleStone attended the 2019 NY GovBuy on April 30th and May 1st as a contract management and eSourcing software exhibitor. The event was a collaborative experience for NY state government buyers, held in Albany, NY at the Empire State Plaza and Albany Capital Center. Sessions provided conference attendees with industry news and best practices for procurement, bid management, contract management, and more. If you didn’t get a chance to attend 2019 NY GovBuy, I outlined some key takeaways from the NY state conference.
What is Source-to-Settle Software?
Source-to-settle software is an advanced system that provides an end-to-end digital sourcing experience for both you and your vendors. Your current sourcing process is most likely manual, filled with a difficult-to-track bid process including spreadsheets that constantly get lost in your organization’s shared drive. Source-to-settle software makes eSourcing easy for both you and your vendors to efficiently collaborate, and for your organization to have better transparency over bid responses, so you can award the best vendor based on your needs.