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Procurement teams in government agencies face unique obstacles -- data silos, acquisition complexity, and limited resources, to name a few. But cumbersome legacy acquisition processes can lead to long cycle times, inefficiencies, and a lack of transparency. 

To overcome these obstacles and better meet the needs of constituents, agency procurement leaders are getting more strategic about deploying innovative technical solutions. According to Bloomberg Government, Federal spending on acquisition contracts for information technology has surged in recent years, reaching $15 billion in 2018, as many agencies work to modernize legacy systems. 

Moving to a modern procurement platform -- one that is collaborative, flexible, and transparent -- is the only way to satisfy the diverse needs of today’s buyers, suppliers, and constituents with the following capabilities:

  • Digital workflows that eliminate error-prone paper-based processes 
  • Better collaboration with suppliers and stakeholders
  • Improved transparency through an end-to-end bid management process
  • Automated controls and enhanced visibility
In this market trends report, “The Journey to Agile Acquisition,” GovLoop and Ivalua explore current Federal acquisition practices and how provide insights into how innovative technology can help agencies transform procurement with Agile Acquisition. Read the report now to learn why it is so critical to adopt an agile and flexible procurement platform and how agencies can embark on their journeys to get there.