Name: OpenProcurement
Author: Quintagroup

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OpenProcurement is an open source toolkit designed for the procurement of goods and services on behalf of public authorities or private entities. According to the vendor, OpenProcurement is a flexible toolkit that can handle procurements of different sizes and shapes with minimal changes. It is targeted at both state-owned organizations and commercial entities, making it suitable for a wide range of businesses. OpenProcurement is utilized by government organizations, procurement professionals, the public sector, the private sector, and non-profit organizations.

## Key Features

**E-Auction Module**: OpenProcurement includes an e-Auction module that supports various types of auctions, such as English auction, Reverse auction, Multivariable auction, and Insider auction based on Dutch auction. According to the vendor, this module is adaptable to different e-procurement projects.

**OCDS Support**: OpenProcurement incorporates the Open Contracting Data Standard (OCDS), which is an open data standard for presenting contracting process data. The vendor states that it enhances transparency, accessibility, and interoperability of procurement data, contributing to the fight against corruption.

**Open Procurement Projects**: OpenProcurement has been successfully implemented in various projects across different countries. Examples include the Ukrainian e-procurement system ProZorro, the Deposit Guarantee Fund system, the Moldovan e-procurement system, and the commercial ProZorro project. Each project is tailored to meet the specific legislation and requirements of the respective country or organization.

**Atreus SaaS Auction Platform**: Atreus is a Python-based SaaS auction platform integrated with OpenProcurement. According to the vendor, it offers a complete solution for online bidding, providing multiple auction types, auction management software, auction API, and customizable auction solutions. The platform is highly scalable and suitable for diverse auction purposes.

**Framework Procedure in ProZorro**: ProZorro, the Ukrainian e-procurement system based on OpenProcurement, supports the framework procedure. According to the vendor, this two-stage purchasing process aggregates demand and reduces administrative costs, leading to budget savings. It involves a tendering module, agreement module, selection stage, and contract stage.

**Centralized Database**: OpenProcurement utilizes a Central Database (CDB) to store all procurement-related data. The vendor states that this centralized approach ensures easy access and management of procurement records.

**Business Process Management (BPM) Engine**: OpenProcurement incorporates a powerful BPM Engine that automates and manages procurement business processes. According to the vendor, it handles workflow management, approval processes, and document management, streamlining the procurement workflow.

**OpenProcurement API**: OpenProcurement provides an API that enables seamless integration with frontend platforms. According to the vendor, this API facilitates interaction with the BPM Engine and access to the Auction module. It is based on JSON notation, ensuring smooth communication between web platforms and the BPM Engine.

**Auction Module**: OpenProcurement includes a dedicated Auction module that allows suppliers to participate in auctions. According to the vendor, frontend platforms interact with the BPM Engine through the API, providing suppliers with temporary credentials to access the Auction module.

**Open Contracting Data Standards (OCDS)**: OpenProcurement adheres to the Open Contracting Data Standards, ensuring transparency and open data principles. According to the vendor, the system publishes all legally disclosable data, promoting accountability and accessibility.

Emptoris

Periscope Source (formerly BidSync) is a suite of e-procurement software now owned and supported by Periscope Holdings in Austin, Texas since the December 2014 acquisition.

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OpenProcurement

Procurement software automates the process of purchasing materials and replenishing inventory. Central to it is electronic purchase ordering and approvals, as well as invoicing and bill payment. The software includes vendor management for competitive pricing and service and vendor follow-ups. Procurement is an essential component of supply chain management and may be available via supply chain management suites.

Procurement

Quintagroup

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

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What is OpenProcurement?