Periscope Holdings
22 Case Studies
A Periscope Holdings Case Study
EProcurement Services Provider was facing the limitations of legacy ERP procurement modules—poor analytics, limited reporting, and inadequate support for government-specific controls—making it hard to achieve financial transparency and optimize purchasing (which can represent roughly 70% of public-sector spending). Periscope Holdings stepped in promoting a cloud-based, best-of-breed eProcurement approach, including end-to-end procure-to-pay functionality and innovative self-funded financing options so modernization could proceed without tapping scarce budget dollars.
Periscope Holdings implemented a cloud eProcurement solution that integrates with existing ERPs, provides online catalogs, advanced encumbrance and compliance controls, and transactional analytics. The solution enabled governments (for example Massachusetts and other states and cities) to track the number and value of orders daily, significantly increase vendor competition for bids, and gain data to negotiate volume agreements—while eliminating upfront capital costs and using supplier transaction fees to fund the service and create predictable operating fees.
EProcurement Services Provider