Case Study: State of Arizona achieves streamlined, cost-saving statewide procurement with Periscope Holdings’ BuySpeed (ProcureAZ)

State of Arizona Streamlines Purchasing with BuySpeed®

The State of Arizona, facing a $1.4 billion budget shortfall and an antiquated, paper‑based purchasing environment, engaged Periscope Holdings to replace multiple legacy systems with its BuySpeed® eProcurement solution, branded statewide as ProcureAZ. The goal was a single, web‑based “one‑stop‑shop” purchasing gateway to increase transparency, vendor participation and efficiency for state agencies, local governments and schools.

Periscope Holdings implemented ProcureAZ in phased rollouts, integrating sourcing, contracts, inventory and accounts‑payable (three‑way match) with the State’s mainframe and building dashboards and drill‑down BI tools. The initiative delivered measurable impact: average contract pricing fell about 26%, requisition and PO/contract cycle times dropped roughly 42–46% (e.g., requisition time from 4 to 2.3 days), ProcureAZ now hosts ~25,000 vendors and 4,500 catalogs, has managed 1,200+ solicitations (including 12 reverse auctions), and increased cooperative purchasing participation by 51%. Periscope Holdings completed the project on time and on budget while enabling ongoing strategic procurement improvements.

State of Arizona

Jean Clark

Procurement Administrator