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Covendis Technologies Goes Live with the State of Nebraska

Atlanta, Georgia, June 25, 2009- Following the successful launch of Vendor Management Services (VMS) for the State of Georgia, Covendis Technologies is pleased to announce the formal implementation of government procurement services for the State of Nebraska on May 1, 2009. As the State’s VMS, Covendis will manage all IT staffing contractors and consultants as well as the selection and management of the preferred IT staffing vendors. The Covendis VMS implementation was successfully completed in less than 30 days and has resulted in a more streamlined and efficient process of IT Staffing for the State of Nebraska.

By utilizing the Covendis web-based, vendor-neutral procurement solution, State of Nebraska agencies can take advantage of Covendis’ VMS model, which enables greater transparency, competitive bidding, and visibility enabling the State to track every dollar spent and saved on IT staffing. Contractors and consultants can allocate their time and expenses to numerous funding and billing codes, thereby improving the speed and accuracy of the invoicing payment and reconciliation process. Customized reports are also available for managers within the agency to view spending trends. Covendis met and exceeded the state’s goals by identifying strategic solutions to reduce the costs of current and future temporary IT staff while improving the overall quality of the temporary IT staff.

About Covendis

Since 1999, Covendis Technologies has helped companies and government entities buy services quickly and efficiently. With 10 years of operational experience singularly focused on our web-based platform, Covendis knows what works and how its clients can leverage our platform to simplify their services procurement process while saving money. Our customers have saved millions of dollars and we have the ability to track all savings, virtually down to each requisition.