Bonfire and CoProcure Announce Partnership to Offer Industry’s Most Comprehensive Collection of Active Cooperative Contracts and Solicitations

A new Bonfire search integration aims to help government procurement teams uncover piggyback contract opportunities to save time and money.

KITCHENER, Ont.–(BUSINESS WIRE)–#NYC–Bonfire Interactive Ltd. (“Bonfire”), a business unit of GTY Technology Holdings Inc. and a leader in strategic procurement and e-procurement software, today announced the availability of an integration with CoProcure, a free Cooperative Contracts which empowers officials to discover and use more than 50,000 active cooperative contracts from national, state and local sources.

“CoProcure has assembled a huge database of cooperative public sector contracts to help government procurement teams take advantage of pre-negotiated agreements and rates,” said Omar Salaymeh, CEO of Bonfire. “With this new integration, Bonfire users will have access to one of the most comprehensive collections of active co-op contracts in the industry, as well as Bonfire’s own database of active and historical solicitations. Together, we are able to provide one of the industry’s most comprehensive repositories of pre-negotiated contracts and trending solicitations to help agencies source more efficiently and cost-effectively.

The integration works through Bonfire’s Community Projects module, which itself contains over 34,000 open and historical solicitations, including all public project documents from over 600 public sector agencies actively using the Bonfire eProcurement solution to manage their entire procurement process. Bonfire users frequently look there for an existing template or contract to use as a starting point rather than creating a solicitation from scratch, if necessary. Appropriate cooperation contract opportunities in the CoProcure database will now also be accessible there for all users of the Bonfire platform.

“This announcement is an important milestone for CoProcure,” said CoProcure Co-Founder and CEO Mariel Reed. “It’s crazy that we have so much access to free technology for our personal purchasing decisions, but not for our public decisions. By creating CoProcure, and now making CoProcure available to more procurement teams through our partnership with Bonfire, together we can help procurement professionals make better purchasing decisions, faster, on behalf of their communities.

Bonfire customers can use the CoProcure integration today. Bonfire customers attending the NIGP Forum in Boston can drop by the Bonfire booth on August 21-22 for a live demo.

About Bonfire Interactive Inc.

Bonfire Interactive Inc. (“Bonfire”) is a business unit of GTY Technology Holdings Inc. and a leader in procurement and strategic procurement software. Bonfire enables organizations to find the right suppliers and make the right purchasing decisions with ease and confidence. With tools to support the entire supplier lifecycle (procurement, contract management, and supplier performance), Bonfire goes beyond the traditional mechanisms of standard procurement suites to facilitate complex decision-making. The combination of flexible technology and world-class customer service makes Bonfire the solution of choice for public and private sector organizations. Bonfire is an award-winning solution recognized by leading industry outlets including Gartner, GovTech, Spend Matters, Best in SaaS, and the International Business Awards.

GTY Technology Holdings Inc.

GTY Technology (GTY) brings together cutting-edge cloud software to provide modern solutions for national and local governments, educational institutions and healthcare organizations. More than 1,750 agencies across North America leverage GTY solutions to deliver better outcomes for their constituents by improving how they engage stakeholders and manage their resources. Designed for the public sector, the intuitive suite of solutions supports policy, regulatory and compliance requirements unique to the public sector. Public administration solutions for budgeting (Questica and Sherpa), grant management (eCivis) and procurement (Bonfire) are designed to digitize complex workflows with an intuitive toolset that improves collaboration, transparency and impact. Civic engagement solutions for payments (CityBase) and permits (OpenCounter) deliver efficiencies while improving access and citizen satisfaction. To learn more about the GTY platform and the positive impact it has on the people and communities it serves, visit: www.gtytechnology.com.

About IM Partners

Founded in 2001, GI Partners is a private investment firm with more than 130 employees and offices in San Francisco, New York, Chicago, Greenwich, Scottsdale and Dallas. The firm has assets under management totaling $35 billion and invests on behalf of the world’s leading institutional investors through its private equity, real estate and data infrastructure strategies. The private equity team primarily invests in companies in the healthcare, IT infrastructure, services and software sectors. The real estate team primarily focuses on technology and life science properties as well as other types of specialty real estate. The data infrastructure team primarily invests in sustainable asset infrastructure companies that underpin the digital economy. For more information, visit www.gipartners.com.

About CoProcure Inc.

CoProcure allows officials to find and use contracts from national, state, and local purchasing cooperatives in one place, free of charge. Today, thousands of public procurement professionals use CoProcure every month to save time and deliver better, faster public services.

contacts

Media contact for Bonfire:

Kate Nesbitt

Alloy Communications for GTY Technology

[email protected]
240-630-2653

Media contact for CoProcure:

Dion Sanchez

[email protected]
510-579-5575

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