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February 27, 2020 | Emily Lambert
Procurement professionals know the power of relationships in strategic sourcing.
Better vendor relationships mean greater vendor competition. Engaged and aligned stakeholders conduct evaluations smoother and faster, making the procurement process more beneficial and less burdensome for those involved.
Unfortunately, outdated and administratively-demanding processes can put undue stress on internal stakeholders and vendors, straining those critical relationships—and ultimately, jeopardizing effective procurement outcomes.
The Great Lakes Water Authority (GLWA)’s utilities procurement team was experiencing these challenges first-hand. With such a large scope—GLWA supplies water to 40 percent of the state of Michigan’s population, as well as wastewater services to nearly 30 percent of Michigan’s population—it was becoming increasingly difficult to manage paper-based workflows. The time-consuming and error-prone nature of these workflows caused a lot of frustration for both internal stakeholders and vendors—a recipe for strained relationships.
On today’s blog, we’ll dig into some insights from GLWA’s experience moving from administratively-burdensome processes to an eSourcing solution that prioritizes stakeholder relationships and vendor engagement—and how that transformed those relationships (and ultimately, the utilities procurement outcomes) for the better.
When procurement teams rely on pen-and-paper evaluation processes, no one wins. Vendors are tasked with printing binders of material, factoring in time for shipping, and worrying in the back of their minds that their bid could be disqualified because documents go missing or they miss an addendum or clarification. Evaluators, who may already be overstretched from the demands of their primary job, become overwhelmed with the administrative burden of flipping through pages and pages of information—which might not all be relevant to that particular evaluator. And procurement teams may feel more like nagging overseers than relationship-builders as they continually check-in with delayed evaluators to keep projects on track.
GLWA was in the same boat. With 21 buyers who oversee purchases that include numerous stakeholders and evaluators per project, and a vendor pool of more than 2,400 vendors, complex paper-based practices were no longer sustainable. Internal stakeholders were frustrated because evaluation times were long and contract statuses felt like a black box. GLWA was understandably concerned that these project delays and lack of visibility would put vendor relationships at risk.
Strategic sourcing software has the potential to increase stakeholder engagement and improve vendor relationships by making the procurement process more transparent and straightforward. With so many projects on the go, however, many procurement professionals don’t have the time or the resources to dedicate to strenuous change management.
GLWA was no different; they already had strong foundational processes in place but needed a way to execute their processes efficiently. After all, a more efficient and stakeholder-friendly process leads to more satisfied customers and partners. GLWA turned to Bonfire to digitize their existing workflow, from solicitation to award, and then through contract management and vendor relationship management.
GLWA’s stakeholders and vendors were able to begin using Bonfire immediately without formal training. Vendors could submit proposals and keep related materials updated in a more efficient and cost-effective manner, and internal stakeholders saw evaluation times get cut by five to seven days. These efficiency gains alone left stakeholders and vendors more satisfied with the strategic sourcing process, but the benefits went beyond efficiency for efficiency’s sake.
With less time devoted to administrative tasks, GLWA’s utilities procurement leaders were then able to structure their buyers in more strategic positions so that they could be more effective in their jobs. Additionally, GLWA launched a small business vendor initiative, with the goal of reaching out to small vendors and bringing them into the bid process. Bonfire made it easier for GLWA to engage more vendors, increase their vendor pool, and manage relationships with those vendors.
To learn more about how improved evaluation timelines and transparency with Bonfire’s eSourcing solution led to better vendor relations and buyer satisfaction at GLWA, read the full customer success story.
Emily Lambert | Bonfire Interactive
As the Content Marketing Strategist at Bonfire, Emily writes thought leadership for procurement teams in the public sector. Best practices content for procurement professionals doesn’t have to be a chore to get through—which is why Emily strives to strike the balance of writing educational yet engaging content that inspires sourcing experts and equips them to make the best purchasing decisions.
Bonfire tip:
Watch the full GLWA & Bonfire story.
February 18, 2020 | Emily Lambert
Single-sign on (SSO) is becoming a critical criteria in public sector software, and when looking at the benefits of SSO—not to mention, how lax many people are with password security—it isn’t hard to see why.
Perhaps your passwords aren’t as bad as “password123,” but maybe you reuse the same password on different accounts—adding a “!” to the end of your tried-and-true password when you’re asked to include a special character.
We don’t blame you! As public sector organizations continue to invest more and more in software-as-a-service, the amount of online accounts that you log in to every day is growing. To keep things as simple as possible, it makes sense to try and recycle passwords.
Unfortunately, that simple act of repeating a password opens up your organization to disastrous data breach risk.
You’re likely no stranger to some of the high-profile data breaches of the past few years or the spread of ransomware attacks in the public sector. The truth is, no one is exempt from being a target; in 2019, a collection of 2.7 billion identity records, consisting of 774 million unique email addresses and 21 million unique passwords, were posted on the web for sale. And if you think you’re exempt because your agency is small, think again—43% of data breach victims are small businesses.
To protect your organization from a data breach resulting from a stolen or weak password, SSO is here to help.
We sat down with Jay Rosenberger, Bonfire’s Director of IT, Security, and Compliance to get a better idea of what SSO is, why public sector organizations especially should be investing in SSO, and what the benefits of integrating SSO into your Bonfire platform are.
Jay: Single sign-on (SSO) is a method to authenticate the user to a website or system against a centrally managed identity provider (IdP). For Bonfire clients, this means your users can log into Bonfire using their existing username and password without the need to create and remember a new password.
Jay: When a user logs into Bonfire, the request to authenticate is sent back to your IdP (your authentication server) instead of ours. If the username and password are correct, access will be granted. The passwords used to authenticate against your IdP are never stored in Bonfire.
Jay: Data breach attacks happen every day and the chances of passwords being stolen from these breaches are increasing. With the rapid adoption of cloud-based services, ensuring that identities and credentials are controlled and protected becomes a challenge for organizations of all sizes.
Should one of your users leave the company, as soon as you disable their access on your IdP, they will no longer be able to access Bonfire. This helps reduce the time and risk of missing items during your employee offboarding process.
Jay: Many compliance regulations require a robust identity and access management program. As organizations offload services into third-party systems in the cloud, their risk increases. The use of SSO is a great way to help meet your compliance obligations and reduce risk.
Jay: Without the need to remember yet another password, your employees will be able to log into any service that supports SSO with their existing credentials. That means they won’t need to write a complex password down where it might be seen and the frequency of password resets is reduced. The result is a far less frustrating experience for employees which ultimately leads to greater employee satisfaction.
Jay: SSO can reduce time and effort in employee offboarding and reduce the complexity of identity and access management.
Jay: At the end of the day, the biggest benefit of SSO is greater security and compliance. With fewer passwords for employees to remember, reduced recycled passwords, more visibility into login activities, and a guarantee to meet compliance obligations, you can sleep easy knowing that your employees’ weak or reused passwords aren’t risking a security breach in your organization.
Jay: There are lots, but to name a few…a simpler user experience, reduced IT costs, increased security, reduced risk, and better compliance. Why wouldn’t you want SSO integrated into your Bonfire account?
To take your Bonfire account security and compliance to the next level with SSO, connect your IT manager with your Bonfire client success manager today.
Keep getting the most out of your Bonfire experience.