The NIGP Observatory is a new spend and supplier management solution that delivers the data, tools and intelligence required to give the procurement function the insight it needs to reduce costs, realize cooperative opportunities, improve contract compliance, and drive continuous improvements in spend and supplier management.

Underpinned by a unique, proprietary and proven methodology for the quick and cost effective extraction, standardization, classification and enrichment of Government agency expenditure data, the NIGP Observatory includes a range of powerful but intuitive online tools designed to allow you spend more time making decisions and a lot less time, effort and money grappling with data.

Regarding the launch of the NIGP Observatory, Rick Grimm, Chief Executive Officer of NIGP said:

"The NIGP Observatory will help develop and support the procurement profession and elevate its value within the organization. It provides the tools, intelligence, and data a procurement professional needs to reduce costs, realize collaboration opportunities, improve contract compliance, and drive continuous improvements in spend and supplier management."

Standardize "Plain Vanilla" business IT systems to provide FIT, Form and Function across the Federal Government. Use proven standards of private sector platforms to follow the entire lifecycle of people, processes and technology providing transparency to decision makers of total cost of ownership cradle to grave. It is NOT a difficult task: If we can track 10k stocks trading in milliseconds between global exchanges and 100's of different Counterparties with $$$$$$ while apropriately managing risk WE CAN more efficiently run the government. (it is not too complex). Implement the same standards and controls that you currently use in private sector for compliance, best practices SOX, FFIEAC, ETC and Governence and stop reinventing the wheel. The spots are a different color but the underlying animal is of the same species. Track Government Spending of US Sharholder (Taxpayer) funds as you are required to do in Private Sector. Do NOT put together a study, add another layer of beauracracy or throw money at another technology. Do a proper business needs assessment: people, process, requirement for enable it with technology. Agile, efficient, optimized, transaction based platform secured on proven technology and practices!!! (when is the last time you heard of the NYSE getting hacked) Identify, measure, monitor, and control risks then. Put the saved money into saving lives, creating a better educations system....etc.