Periscope Holdings, the parent company behind Periscope S2G, was founded in 2006 with a mission to transform the public sector procurement process through innovative technology solutions. Headquartered in Los Angeles, California, the company quickly established itself as a leader in government procurement software, focusing on providing scalable, cloud-based solutions tailored for the unique needs of government agencies, educational institutions, and nonprofit organizations. With a core emphasis on transparency, efficiency, and compliance, Periscope has aimed to streamline procurement workflows and bring modern, automated tools to the traditionally manual, paper-based public procurement process.
Periscope S2G is the flagship product, offering a comprehensive Source-to-Settle procurement platform. Its features include e-sourcing tools such as reverse auctions and electronic bid management, contract lifecycle management, supplier onboarding, and spend analytics. The platform emphasizes automation, transparency, and compliance, helping government organizations optimize procurement processes, reduce costs, and demonstrate accountability. It also includes workflow automation, real-time reporting dashboards, and customizable modules tailored to specific procurement needs, making it a versatile solution for various organizational sizes.
Periscope Holdings has strategically expanded its product suite through acquisitions and partnerships to enhance its market offering. Notable acquisitions include ProcureNow, a cloud-based procurement platform, and other specialized solutions that complement the core S2G offerings. These acquisitions have broadened the company's product ecosystem, allowing it to serve a wider array of procurement needs, from small agencies to large municipalities, with integrated and scalable solutions.
Periscope continually updates S2G with new features aimed at increasing automation and user engagement. Recent innovations include enhanced artificial intelligence (AI) capabilities for predictive analytics, improved user interface design for better usability, and expanded integrations with third-party systems such as financial and ERP software. The company emphasizes making procurement smarter and more accessible, pushing forward with features that enable more strategic sourcing and real-time decision-making.
Periscope Holdings prides itself on fostering a culture of innovation, integrity, and customer-centricity. Its core values revolve around transparency, collaboration, continuous improvement, and a dedication to public service. The company emphasizes diversity, inclusion, and ethical practices, aligning its internal culture with the principles of responsible governance and accountability critical to its government clientele.
The company's user base primarily consists of government agencies, educational institutions, healthcare organizations, and non-profits across the United States. It serves thousands of procurement professionals, providing tools that improve efficiency and compliance. Periscope actively supports its community through industry conferences, user forums, and training programs, fostering a collaborative environment where users can share best practices and stay updated on procurement innovations. Its extensive network and reputation for reliable support make it a trusted partner in public procurement.
