OpenGov Acquires ProcureNow the Leading Government Procurement Software
OpenGov | June 24, 2021
OpenGov, the market leader in modern cloud ERP software for our nation's cities, counties, and state agencies, today announced the acquisition of ProcureNow, the industry's fastest-growing, top multi-tenant SaaS software provider for government procurement and contract management.
ProcureNow, like OpenGov, allows government leaders to serve stakeholders with the most effective solutions intended to simplify critical processes, enable data-driven choices, and openly communicate outcomes. OpenGov, in collaboration with ProcureNow's full lifecycle procurement management software, which includes powerful solicitation and contract development automation, continues to power governments' most strategic processes: budgeting and planning, citizen services, financial management, reporting and transparency, and, now, procurement – all in the cloud.
Procurement significantly impacts a government's ability to meet strategic objectives such as budget accountability, spend control, supplier diversity, economic growth, and citizen experience. It is becoming more critical in allowing remote work and investments related to the American Rescue Plan Act and the Coronavirus Aid, Relief, and Economic Security Act. By incorporating this necessary solution into the OpenGov ERP Cloud, the merged company is better positioned to fulfill the modernization requirements of the nation's most forward-thinking administrators, finance, and community development professionals.
OpenGov is the market leader in delivering modern cloud software to our nation's state and local governments to enable more effective and accountable governance. OpenGov solutions, designed specifically for the public sector's unique budgeting, financial, and community development requirements, assist our more than 1,000 clients in planning effectively, increasing efficiency, and improving participation through better collaboration and transparency.
ProcureNow, based in San Francisco, is a recognized small business to transform efficiency and innovation in local government by providing a complete toolkit for creating and sourcing government RFPs and bids. ProcureNow's Government Procurement Automation Cloud connects governments and local businesses through technology that enables more suppliers to confidently read, understand, and react to complicated government bids.