Let’s take a look at what the future holds for public procurement and how Framespan complements the Procurement Act 2023
In a notable change in public procurement, introducing the Procurement Act 2023 marks a pivotal shift in the UK. This Act aims to revolutionise procurement processes, emphasising efficiency, transparency, and social value. In this context, Framespan emerges as a cutting-edge Software as a Service (SaaS) platform, poised to play a crucial role in aligning procurement practices with the new legislative landscape.
Overview of the Procurement Act 2023
The Procurement Act 2023 consolidates existing procurement regulations, introducing new terms and objectives focused on value for money, public benefit, and integrity. However, the transformational impact of this Act hinges on its practical implementation by procurement teams. These teams face the challenge of balancing their existing duties while adapting to the Act’s enhanced flexibilities and requirements.
Digital transformation in public sector procurement
Digital transformation has become a driving force in evolving procurement practices. In this digital age, platforms like Framespan are at the forefront of fostering innovation and operational efficiency. By leveraging technology, procurement processes can be streamlined, offering a more effective approach to meeting the evolving demands of the sector.
Facilitating compliance and efficiency
In the quest to simplify the procurement process, Framespan emerges as a key player, offering an intuitive directory and efficient search capabilities. This platform aligns seamlessly with the objectives of the Procurement Act 2023 by reducing the time spent on finding compliant procurement routes, thereby enhancing both efficiency and cost-effectiveness in the public sector.
Transparency and ethical conduct
Under the new Act, a significant emphasis is placed on transparency and ethical conduct in procurement processes. Framespan supports these requirements robustly. Its transparent processes ensure an auditable and fair approach to procurement, which is crucial for maintaining public trust and upholding the principles set forth by the new legislation.
Social value and community impact
Recognising the importance of social values and community impact in procurement decisions, the Act necessitates a shift towards more responsible procurement practices. Framespan aids in achieving these objectives by enabling easy access to local suppliers, thereby supporting local economies and aligning procurement activities with broader environmental and social goals.
Supplier relationships and supporting SMEs
The Act underscores the importance of effective supplier relationships, especially under the new regulations. Framespan facilitates nurturing these relationships by promoting a diverse range of suppliers, including small and medium-sized enterprises (SMEs). This fosters competition and supports local business ecosystems, aligning with the Act’s emphasis on economic inclusivity.
Public procurement: Preparing for the future
As procurement teams gear up for the new regime, Framespan offers invaluable support. During the critical six-month preparation period outlined in the Act, Framespan is a vital tool in helping teams understand and adapt to the new requirements. This support is instrumental in ensuring a smooth transition to the new procurement landscape, enabling teams to fully leverage the Act’s benefits.
How to get started
Framespan stands as a powerful ally in the public sector’s journey towards a more efficient, transparent, and socially responsible procurement process. Transform your procurement processes with a simple software solution.
Head here to sign up and get started with Framespan.
What Framespan customers say
“We have been using Framespan for over a year now, and I’m seeing huge benefit every day. Since going live, Framespan has made a significant contribution to us reducing the use of waivers at the trusts. As well as this reduction, Framespan also saves time when searching for frameworks, especially for the products and services we are less familiar with, such as in Estates.
Previously, a search for an appropriate framework may have taken 1 to 2 hours to search all the providers, but in Framespan that search now takes a few minutes.”
– Tina Hadley, Liverpool Women’s Hospital
