Campus discussions about spend analytics might sound like a late night infomercial: Implement the technology and save millions!
The editors of UB magazine proudly present the 2016 Readers’ Choice Top Products, chosen from hundreds of nominations. This annual award programs alerts higher ed administrators and staff to the best products their peers use to achieve excellence at institutions throughout the country.
You—the nation’s higher ed leaders—submitted testimonials throughout 2015. Our editorial board carefully narrowed the list based on the quality and quantity of these testimonies.
When it became clear that the scientific equipment in hundreds of labs across the University of Pittsburgh campus was not being maintained effectively, professionals in the university procurement department began looking for a new provider to do the job.
Picture the amount of paper associated with almost 42,000 travel reports and 300,000 procurement card transactions. That’s how many expense-related documents the University of Colorado’s four campuses generate in a single year. Besides the sheer challenge of filing and storing so many receipts, a few years ago there also were major hurdles for reconciling and auditing.
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.