Bonfire Open Access Community Projects to be
unveiled during NIGP Forum 2021, empowering public procurement
teams with access to tens of thousands of public RFx projects for
free
Bonfire Interactive Ltd. (“Bonfire”), a leader in strategic
sourcing, contract management and eProcurement software, announced
today the upcoming launch of Bonfire Open Access Community
Projects. This freely accessible tool will provide public
procurement teams with access to an extensive database of public
projects from across North America to streamline the RFx creation
process. Bonfire is a subsidiary of GTY Technology Holdings Inc.
(Nasdaq:GTYH) (“GTY”), a leading provider of cloud solutions for
the public sector.
“Faster turnaround for RFP events, increasingly technical
subject matter, and the need to run everything digitally—are among
the new norms public procurement professionals face," said Omar
Salaymeh, CEO of Bonfire. "Inspired by the way our customers seek
to share and leverage the knowledge and experience of their peers,
we're proud to launch our first open access solution to support
procurement teams. Our clients have done the hard work, building
expert-led projects across categories from goods in bulk to
multi-million-dollar initiatives, and we aim to make it easy for
procurement teams globally to access these resources and deliver
better outcomes as they navigate their new normal."
Bonfire Open Access Community Projects is a free, searchable
repository of up to 62,000 public projects from its growing
database of over 500 public-sector agencies across North America.
Procurement professionals will be able to use the tool to search
for and review any public project and access all supporting bid
documents, whether they’re an existing Bonfire customer or not.
Teams will have access to best-in-class examples of successful RFP
events to model their own projects, eliminating the need to create
new RFPs from scratch, or conduct a tedious online search for
general templates.
"One of the biggest challenges we face in procurement is getting
the right information together for a new RFP and ensuring that
we're using best practices right from the start,” said Maija
Lampinen, Procurement and Contracts Manager at the Port of Everett,
Washington. “With Community Projects, we'll be able to easily
search for similar projects run by other agencies, see how they
structured their projects, and access supporting project documents.
It's hard to understate how valuable this information will be for
us going forward, and the impact it will have on how we run our
projects and the time it saves us during RFP creation—especially
for new or unfamiliar procurements."
In addition to the freely available Open Access Community
Projects, Bonfire is also introducing a version for current
customers, which will contain a wider array of features and search
options. Bonfire worked closely with select procurement agencies
before its release to add features to the new solution anticipated
to address critical challenges its customers will face.
The full feature set will be unveiled during NIGP Forum 2021,
the Institute for Public Procurement’s annual conference, taking
place virtually from August 23-27. Attendees will be able to stop
by the Bonfire virtual booth to get an exclusive first look at
Bonfire Open Access Community Projects. In line with this year’s
conference theme, Connecting Procurement Communities, NIGP Forum
attendees may also attend Bonfire’s virtual panel session at 2:15
PM ET on Monday August 23, featuring procurement leaders from
Barnstable County and Metropolitan Transportation Commission.
Panelists will discuss the results of Bonfire’s annual State of
Public Sourcing Report, which analyzes first-party data from
hundreds of North American public agencies to show what public
procurement priorities look like. Attendees will learn how their
peers are ramping up project volume, continue to
work-from-anywhere, and have prioritized vendor diversity after a
turbulent year.
To learn more about Bonfire Open Access Community Projects, and
to get on the early access list, visit
www.gobonfire.com/open-community-projects.
About Bonfire Interactive Inc.
Bonfire Interactive Inc. (“Bonfire”) is a business unit of GTY
Technology Holdings Inc. and a leader in strategic sourcing and
procurement software. Bonfire empowers organizations to find the
right vendors and make the right purchasing decisions with ease and
confidence. With tools to support the entire vendor lifecycle
(sourcing, contract management, and vendor performance), Bonfire
goes beyond traditional mechanics of standard procurement suites to
make complex decision-making easy. The combination of flexible
technology and world-class customer service makes Bonfire the
solution of choice for both public and private sector
organizations. Bonfire is an award-winning solution recognized by
industry-leading outlets including Gartner, GovTech, Spend Matters,
Best in SaaS, and the International Business Awards.
About GTY Technology Holdings Inc.
GTY Technology Holdings Inc. (NASDAQ:GTYH) (“GTY”) brings
leading government technology companies together to achieve a new
standard in citizen engagement and resource management. Through its
six business units, GTY offers an intuitive cloud-based suite of
solutions for state and local governments spanning functions in
procurement, payments, grant management, budgeting, and permitting:
Bonfire provides strategic sourcing and procurement software to
enable confident and compliant spend; CityBase provides government
payment solutions to connect constituents with utilities and
government agencies; eCivis offers a grant management system to
maximize grant revenues and track performance; Open Counter
provides government payment software to guide applicants through
complex permitting and licensing procedures; Questica offers budget
preparation and management software to deliver on financial and
non-financial strategic objectives; Sherpa provides public sector
budgeting software and consulting services.
Forward-Looking Statements
This release includes “forward-looking statements” within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. The company’s actual results may
differ from its expectations, estimates and projections and,
consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue” and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements include, without limitation, the
company’s expectations with respect to future performance. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside of the company’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: (1) the impact of the COVID-19 pandemic, or other
public health crises, on our operations, our customers and the
economy; (2) the risk that the ongoing integration of the
businesses acquired in our business combination disrupts current
plans and operations; (3) the ability to recognize the anticipated
benefits of the business combination, which may be affected by,
among other things, competition, the ability of the combined
company to grow and manage growth profitably and retain its key
employees; (4) our failure to generate sufficient cash flow from
our business to make payments on our debt; (5) changes in
applicable laws or regulations; (6) the possibility that the
company may be adversely affected by other economic, business or
competitive factors; and (7) other risks and uncertainties included
in our Annual Report on Form 10-K for the year ended December 31,
2020 and our subsequent filings with the Securities and Exchange
Commission. We caution you that the foregoing list of factors is
not exclusive, and readers should not place undue reliance upon any
forward-looking statements, which speak only as of the date made.
We do not undertake or accept any obligation or undertaking to
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version on businesswire.com: https://www.businesswire.com/news/home/20210819005224/en/
Media: Kate Nesbitt Alloy Communications for GTY
Technology kate@helloalloy.com 240-630-2653
Bonfire: Shabbir Lasani press@gobonfire.com
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