ERIC Number: EJ844189
Record Type: Journal
Publication Date: 2007-Nov
Reference Count: N/A
The eProcurement Equation
Briggs, Linda L.
Campus Technology, v21 n3 p36-38, 40-42 Nov 2007
This article describes the benefits one gets when big schools roll out highly effective eProcurement systems--strategic improvements and savings. eProcurement systems are hot again in higher education, driven by unrelenting cost containment demands, along with industry shifts that have consolidated choices and brought top products to the forefront. What's more, there are now a good number of eProcurement success stories out there, especially involving the bigger schools, and that makes it easier than ever for others to evaluate the leap to electronic purchasing. eProcurement promises substantial savings in several areas, including: (a) hard dollar cuts on purchases because better negotiations are generally possible with electronic contracts; (b) savings on staff efficiencies across the board; and (c) the ability to better analyze buying patterns after the fact.
Descriptors: Higher Education, Costs, Administrators, Purchasing, Vendors, Universities, School Accounting, School District Spending, Educational Finance, Budgets, Bids, Expenditures, Negotiation Agreements, Contracts, Computer Software, Money Management
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Authoring Institution: N/A
Identifiers - Location: Florida; Michigan; Pennsylvania