Company credited with providing valuable guidance and technology solutions to state and local governments as they worked to navigate the COVID-19 pandemic and other challenges.
Periscope Holdings announced today that it has been named a GovTech 100 company by Government Technology magazine for the sixth year in a row, in part due to the exceptional support it provided to state and local governments during the COVID-19 pandemic.
For the last 20 years, Periscope Holdings has collaborated with elected and appointed officials across all levels of government to help transform procurement from a process-driven support function to a more strategic entity. During 2020, the company helped states such as Arkansas, Illinois, Massachusetts, New Jersey and Oregon accelerate reform of procurement systems, processes and policies to the benefit of taxpayers, small and disadvantaged businesses, and local economies.
It also dedicated a significant amount of resources to quickly stand up the Emergency Marketplace – a version of the Periscope Marketplace – to provide public sector buyers with direct access to verified suppliers of personal protective equipment (PPE), medical equipment and more.
"When the pandemic started, our first priority was to ensure our agency customers had the technology tools they needed to mount a quick and effective response within their jurisdictions," said Brian Utley, president and CEO of Periscope Holdings. "Creating the Emergency Marketplace was just one way we were able to help them execute their missions."
The Periscope Holdings team, in conjunction with NIGP Consultants, also provided virtual "front line" assistance to public procurement practitioners to maintain operational continuity. The team worked with buyers in Emergency Operations Centers as well as those working remotely to re-engineer processes and implement technology solutions that fully supported evolving missions and remote workforce structures.
For example, many local governments did not have electronic bidding capabilities at the beginning of the COVID-19 outbreak. The Periscope Holdings team worked with them to quickly onboard Periscope Source, which allowed suppliers and buyers to electronically post solicitations, submit proposals and communicate in a digital government environment.
In addition, many state and local governments continued expanding their utilization of the Periscope ePro procure-to-pay tool. A number of recent enhancements and functionality expansions have made it easier for both small and large procurement teams to efficiently and intelligently manage their spend and maintain compliance with government policies and regulations – both of which are critical in the current climate.
As an Agiloft partner, the company is also working with customers such as Central Health in Austin, Texas, to implement Contract Lifecycle Management (CLM) solutions that enable remote workers to centrally access contracts, execute contract actions and automatically process approvals and renewals without delay.
"The significant growth we experienced in 2020 is a testament to the value we bring to the public sector," Utley continued. "We don’t just provide procurement technology to government agencies. We offer solutions to their greatest challenges, policy and process expertise and unconditional support. Procurement is the backbone of government operations, and we want to ensure our customers have the tools they need to fully serve their customers, even in challenging circumstances."
The GovTech 100 is an annual list compiled and published by Government Technology as a compendium of 100 companies focused on, making a difference in, and selling to state and local government agencies across the United States. Periscope Holdings has been named to the list each year since the list was established in 2016.
About Periscope Holdings
Founded in 2001, Periscope Holdings is transforming public sector procurement with technology and solutions exclusively for public sector buyers and suppliers. Driven by a purpose to eradicate waste and maximize the value of every dollar spent, Periscope Holdings is trusted by 500,000 suppliers and powers more US government eProcurement systems than other eProcurement provider. Visit www.periscopeholdings.com to learn more.
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