Elcom, the world’s first cloud-based procurement technology provider, has been awarded a £2.7 million five-year contract by The Scottish Government. The contract will provide a cloud-based collaborative management information reporting platform for procurement data across the Scottish Public Sector.

Elcom will configure its existing Management Information Platform  to integrate with existing eProcurement solutions that are part of the Scottish Government’s national eProcurement Shared Service . The platform will also leverage Elcom’s data augmentation, data analysis and visualisation services. The solution  will identify and improve commercial risk and demand management practices across the Scottish public sector and will significantly improve the ability for public sector organisations to demonstrate procurement outcomes through the full source-to-settle process. At a strategic level, the system will:

A Scottish Government spokesperson said: “After a competitive procurement exercise the Scottish Government awarded the contract for a National Pan Sector Procurement Management Information Reporting Platform  to Elcom. Their proposal matched our ambition to provide a significantly  enhanced reporting solution to unlock the potential of our extensive data sources.”

William Lock, Chairman of Elcom, said: “We’re always happy to work on projects aimed at improving public services and our latest contract with the Scottish Government is our most exciting project to date. We aim to bring in innovative, cloud-based solutions and supporting services to deliver valuable insights into the procurement data captured across the Scottish Public Sector.”

About Elcom

Elcom is a pioneer in cloud-based procurement and supply chain technology, providing a wide range of solutions designed to streamline and improve supply chain management and procurement on a large scale. The company has devised a number of cloud-based procurement solutions geared towards improving and optimising procurement infrastructure and processes.

Elcom offers a wide range of procurement and supply chain services, covering eSourcing, contract management, catalogue management, procure-to-pay (P2P), inventory management, logistics management, inventory consumption, point of care, data analytics, electronic trading, and the provision of electronic marketplaces.  The supplier side services cover opportunity alerts, supplier accreditation, bid response management, electronic funding, electronic trading, electronic marketplace, and specialist retail management solutions.  Bringing in Elcom’s solutions has helped streamline operations for companies, brought additional value to projects and ensured public services enjoy improved efficiencies, transparency and innovation.

To find out more about Elcom’s Management Information Platform, request a demo here or visit https://www.elcom.com/