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Nassau County Shared Services
Antiquated legacy IT and data infrastructure
Paper-based contract handling/retrieval
Manual procure-to-pay process and workflow.
Lack of transparent bidding process
Mandate to innovate and generate revenue with limited funding
Limited resources for Supplier registration and management
Mandate to maximize supplier diversity
Desire to increase utilization and perceived value of Shared Services
Need for pricing and spend analytics to guide large purchases like Oil and Gas
Inability to help suppliers finance receivables
Real-time bidding increased supplier participation and reduced costs
Jobs and contracts awarded to MWBEs increased 40% in first 18 months
Contract retrieval time reduced from hours/days to 30 seconds
Revenue from Supplier Marketplace registration fee in first 18 months: $360,000
24/7 support provided for suppliers; onsite support for County
Nassau County won $500,000 21st Century Innovation grant
Shared Services Procurement leverages buying opportunities
75 political sub-divisions across Nassau & Suffolk county currently use SpecBid for BPOs/JOCs and supplier/vendor identification
SpecBid QuickPay launching Q4 2016.
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