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BidSync and BennettGroup Announce Strategic Partnership to Drive Benefits of e-Procurement to Public Sector Officials

AMERICAN FORK, UT -- (Marketwire) -- 11/27/12 -- BidSync, a leading provider of e-procurement solutions for public agencies, today announced a strategic partnership with the BennettGroup, a business and governmental consulting firm led by former U.S. Senator Robert F. Bennett.

Through this new partnership, BennettGroup will leverage its experience and expertise in local, state and federal government channels to better enable BidSync to drive the value of its end-to-end, cloud-based e-procurement platform.

"BennettGroup and BidSync share a similar vision of empowering public sector organizations to conduct smarter, more efficient business," said Sabrina Stover, CEO of BidSync. "This partnership will enable us to expand our reach in all key industries, public and private. By moving contract lifecycle management, procure-to-pay, sourcing and all other elements of the procurement process to the cloud, we can help government agencies and organizations become vastly more efficient and save 10 to 20 percent, which can equal millions of dollars in savings across the board."

With offices in Salt Lake City and Washington, D.C., BennettGroup will deploy a strategy to communicate the extraordinary value found in BidSync's offerings to key stakeholders.

"BidSync is a market leader with unmatched expertise in helping government agencies completely get their arms around complex procurement processes and begin to quickly save taxpayer dollars," said Justin Spencer, Partner with BennettGroup. "This partnership will allow both companies to provide more value, insight and options to public sector leaders and organizations."

About BidSync

Since 1999, BidSync has been a market leader in developing cloud-based, end-to-end procurement solutions for the public sector. More than 1,000 government agencies use BidSync's solutions to increase business efficiency, amplify spending power, manage contracts, improve process transparency and increase competition by leveraging BidSync's database of 700,000 qualified suppliers and service providers. BidSync's fully integrated suite of procure-to-pay-solutions include BidSync ProcurePointe™, BidSync eContract™, BidSync Reverse Auction, BidSync eProcure™, BidSync Builder™ and BidSync Links PLUS™. To learn more about BidSync, visit www.bidsync.com.

About BennettGroup

Bennett Group International (BGI) is a full-service business and government consulting firm headquartered in Salt Lake City, Utah. BGI works with early stage businesses with markets, management and money. BGI solves complex problems and creates opportunities at the nexus of business and government. Former U.S. Senator Robert F. Bennett is Chairman of Bennett Group International.

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