Euna Solutions Launches Industry First: Full-Cycle Procurement Offering, Purpose-Built for the Public Sector

Euna now provides the largest, most comprehensive procurement offering for the public sector, is backed by the largest and fastest-growing buyer and supplier network in North America

TORONTO & CHICAGO--(BUSINESS WIRE)--Euna Solutions®, a leading provider of purpose-built, cloud-based solutions for the public sector, has relaunched Euna Procurement as a full-cycle procurement solution powered by the industry's largest and fastest-growing buyer and supplier network. The relaunch is a result of integrating and optimizing functionality from Euna’s acquisitions of Bonfire, DemandStar, EqualLevel, and Ion Wave Technologies and leverages the solutions’ extensive buyer and supplier community to address the growing demand for network-powered procurement.

Designed to meet the unique needs of public sector organizations, Euna Procurement is one of the fastest growing public sector ‘full cycle’ solutions. It offers tools to post and award solicitations, facilitate complex evaluation processes, manage supplier contract relationships, provide an AI powered marketplace of pre-negotiated contracts, and streamline invoice processes. With advanced automation, real-time analytics, and a user-friendly interface, Euna Procurement enhances efficiency, ensures compliance, and maximizes value.

“Euna Procurement is redefining the way government staff engage in the procurement process by providing full-cycle capability, from sourcing to invoicing to supplier management,” said Tom Amburgey, CEO of Euna Solutions. “Euna Procurement is designed to leverage our extensive networks to bring unprecedented levels of collaboration amongst public sector teams, enabling smarter, faster purchasing decisions that truly serve their communities.”

Euna Procurement enables smarter, faster sourcing, the ability to track contracts and monitor performance, effortless on-contract shopping, an automated invoice-to-payment process, and supplier management. The five core modules offered within Euna Procurement include:

Sourcing - A one-stop shop for all solicitations—whether they’re simple price-only bids or complicated, multi-faceted RFPs. Receive procurement requests, draft and issue solicitations, and evaluate and award supplier proposals.

Contracting – Manage active agreements and proactively assess supplier performance and stakeholder satisfaction. Create and sign contracts, set reminders and track key milestones, and monitor performance.

Marketplace – Ensure compliant spend by providing staff with a centralized shopping marketplace filled with approved suppliers and pre-negotiated contract pricing. AI-powered shopping cart tools prompt your end users when cheaper alternative options exist.

Invoicing – Streamline the receipt and reconciliation of invoices, making the entire process more efficient and secure.

Supplier Management – Serving as the connection between the various modules and your suppliers, this enables you to build strong and lasting relationships with suppliers by streamlining communication and collaboration, and setting them up for success.

Over $28 billion in taxpayer dollars are transacted through Euna Procurement each year. Euna's procurement offering goes beyond enabling compliance and streamlined efficiency, empowering procurement teams to transition from administrative roles to strategic partners within their organization through the power of seamless collaboration, community resources, and award-winning support, evidenced through Euna’s annual State of Public Procurement report. Euna Procurement includes a community of 3,000 public procurement teams and over 850,000 qualified suppliers.

Explore Euna Procurement at booth #1307 at the NIGP Forum Aug 25-26, 2024 in Charlotte, NC, or learn more by visiting eunasolutions.com/solutions/procurement.

About Euna Solutions

Euna Solutions® is a leading provider of purpose-built, cloud-based solutions that power critical administrative functions and financial operations for the public sector. Euna Solutions offers trusted, easy-to-use solutions for procurement, payments, grant management, budgeting, and special education administration that are trusted to increase operational efficiency, transparency, collaboration, and compliance. Working with more than 3,000 government and public sector organizations across North America, Euna Solutions strives to build trust and enable transparency in our communities. Euna Solutions is recognized on Government Technology’s GovTech 100 list, an annual list of the top 100 companies focused on, making a difference in, and selling to state and local government agencies across the U.S. To learn more, visit www.eunasolutions.com.