Onvia, a provider of “Intelligence for Winning More Government Business,” announced on Nov. 3 the introduction of a new Purchase Order Analytics module for government contractors. This new module enhances Onvia’s existing business intelligence suite, the premier source for government contractors to identify leads and gain valuable insight into the federal, state and local government marketplace.
“With the addition of Purchase Order Analytics, our clients will have full transparency into government spending, allowing them to optimize pricing, identify leading buyers and understand the competitive landscape of selling their products or services into the public sector on a national or regional basis,” stated Hank Riner, president and CEO of Onvia.
For over a decade, Onvia has provided bids, RFPs, term contracts, bid results, contract award data and forward looking intelligence to its customer base of over 3,000 clients selling into the government. Award and bid result documents specify who was awarded a given contract along with basic pricing information, but line item pricing details are often not available.
“Purchase orders are the missing link. Purchase orders contain information on what is actually being bought by agencies, including under-threshold purchases that aren’t documented by traditional award notices,” said Riner.
To provide purchase order visibility to its clients, Onvia partnered with SmartProcure, a company that has been dedicated to capturing public sector purchase order data since 2011. “We are excited to have the opportunity to partner with Onvia, the leading provider of business intelligence for the state and local government markets. Our partnership gives Onvia customers access to over 138 million purchase orders directly through the Onvia platform,” stated Jeff Rubenstein, president and CEO of SmartProcure.
Onvia clients will have access to the new Purchase Order Analytics module later this month.