E-Procurement

Spotlight on Procurement

With cost containment in the front row of institutional priorities, procurement takes a leading role on campus.

Bill Cooper didn't mince words when Stanford University officials contacted him about coming on board as their director of purchasing. "I said, 'No, I'm not interested in a fragmented function and I'm not interested in an institution that has just a director of purchasing,'" recalls Cooper, who now has an office at ... Stanford.

Why higher ed needs vendors

Increasingly, colleges and universities, like their corporate counterparts, are being asked to do more with less. Vendors can play a key role in offering expertise, reducing workload, and saving money.

Increasingly, colleges and universities, like their corporate counterparts, are being asked to do more with less. Vendors can play a key role in offering expertise, reducing workload, and saving money.

Compliance: One Provider’s Advice

Encountering resistance to e-procurement platforms isn’t unusual, says Max Leisten, market director for higher education at SciQuest. He offers the following advice to thwart compliance issues:

e-Procurement: From Buy-in to Buying

The right strategies help ensure institutions—and employees with purchasing power—realize all the benefits of e-procurement solutions.

As the benefits of e-procurement become more widely known, institutions are moving to incorporate these systems into their operations. And why not? As Sabrina Stover, CEO of BidSync, a provider of e-procurement systems, says, e-procurement saves time, keeps departments on budget, increases efficiencies, makes the procurement process more transparent, and encourages a more competitive bidding environment, among other advantages (including being greener).

Strategic Snapshots

Bill Cooper of Stanford University and Jack D. Zencheck of Yeshiva University (N.Y.), who serve on E&I Cooperative Purchasing's strategic sourcing committee, offer these examples of how their more strategic ideas and actions are paying off for their institutions:

Pathways to Procurement

E-procurement gives universities far more control over their purchasing power.

If your institution is not among those that have realized the considerable benefits an e-procurement solution offers, we have one question: Why not?

E-procurement saves time, money, labor, and paper, while increasing the service delivered to constituents.

Florida's Flagler College is leading the way to a cashless future

Richard Jacobs is director of student accounts at Flagler College in St. Augustine, Fla., which uses several of Higher One's payment management solutions. As a member of the Higher One Product Steering Committee, Mr. Jacobs has been influential in guiding the development of several of the company's products.