Video Case Study: University of Birmingham Discuss How They Achieve Cost Control with eProcurement
The University of Birmingham is one of the UK's largest universities with around 26,000 students, 6,000 staff and an annual income of over £350m.
With increasing pressure from Government for universities to improve financial management, the University of Birmingham set out to find new ways to get costs under control. Often staff bypassed correct procedures in pursuit of a 'quick buy' and the financial autonomy of academic departments meant that few staff were focused on adhering to process. The resulting paper chase had become unmanageable, producing a staggering two million pieces of paper each year for administration alone.
Tim Fuery, Assistant Director of Finance, talks about how they manage devolved budgets and retain full control and visibility of spend with PROACTIS eProcurement.
Goals supported by PROACTIS eProcurement:
- Control of expenditure and the management of budgets
- Transparent purchasing process that makes information available at the point-of-decision
- Money saved by consolidating the University’s substantial annual spend with preferred suppliers