Moving the procurement system from poor data collection, limited transparency, incompatible technology and no agreed standards, to an integrated procurement platform with high quality data and insights. Focusing on making technology and information enablers more accessible to support agency procurement and improve the digital experience for suppliers.
An integrated data management system will create common data standards across the system. This allows for fuller and more in-depth analysis and reporting of procurement data and information. It will build a more complete picture of overall government procurement in support of the government’s priorities and objectives.
Better data practices will help agencies to understand problems and develop solutions. Access to accurate reporting on procurement activity will help agencies and suppliers find new opportunity to create value, assess risk and improve resilience in the procurement system.
Developing a one-stop shop procurement platform, will simplify engaging with procurement teams across government and make it easier to do business. This will reduce administration tasks for everyone and increase the ability for suppliers to work more seamlessly with agencies.