BidSync is a software company that handles end-to-end procurement and bid notification solutions for government agencies. Its cloud-based architecture helps the public sector save taxpayer money by improving efficiency, transparency and oversight through the entire procurement process, from source to contract to purchase. Founded in 1999, the company is headquartered in American Fork, Utah. Fred Tillman, BidSync's Vice President of Research and Development, believes that procurement plays a higher role than just identifying and evaluating prospective buyers.

"Government agencies are evolving to include procurement portfolios that include spending analytics, supplier registration, e-solicitation, Contract Lifecycle Management (CLM), procure-to-pay, supply base management and transactional enablement," he says. "Bidsync's collection of solutions provides a compelling platform with strong functionalities that help level the playing field for small business vendors and allows them to interact easily with government agencies."

The procurement market that BidSync attracts is a collection of government agencies ranging from state government, counties, and cities to public works, school systems and universities. BidSync’s products strongly rely on three key aspects. First, BidSync's products are available for customers to purchase at 70 percent lower administrative costs. These products put together bids, contracts, tracking requisitions, purchase orders and invoices to help reduce cost and time. Second, the company's bid notification system broadly advertises the bids to make it easy for vendors to quickly respond and place offers on the bids. It also provides tools for government agencies to choose the best vendors and use their offerings effectively, meeting the customer's requirements. Third, BidSync focuses on transparency, a major factor in the government space.