SicommNet Revenue

About SicommNet

Secure Internet Commerce Network Inc. (SicommNet) was founded in 1998 by a team including public sector procurement management; supply chain professionals and information technology trailblazers who developed and implemented online eProcurement systems for electronically automating and managing government agency buying and selling processes. SicommNet became the first United States based company to successfully provide public sector eProcurement application “Software as a Service” (SaaS) to State and local government municipalities and their respective vendor customers. Today this is referred to as “Running in the Cloud” secure hosted service. SicommNet offers an enterprise eProcurement software suite. Our eProcurement suite offers end-to-end eProcurement processes including requisition and solicitation creations, approvals, opportunity postings and notifications to registered vendors, vendor pre-bid conference announcements and pre-registration, addendum notifications, vendor question and answer periods, vendor electronic submission of response, sealed bid opening, bid tabulation and internal distribution evaluations, and electronic notifications of awards, followed by purchase orders, shipping notification, receipt, (and when integrated with the Agency Financial Accounting System) authorization for payment. Our additional eProcurement capabilities include eCatalog, contract tracking, ad hoc reporting, and spend analysis. As a leader in the eProcurement industry, our cloud-based solutions are designed and built to meet the increasing procurement demands of public agencies by ensuring efficiency and spend management through automating, consolidating, and potentially centralizing procurement information and processes.

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