Further & Higher Education Procurement
Further and higher education institutions recognise that better procurement can deliver significant efficiencies, releasing resources to use for their core activities of teaching and research. Whilst there have been many developments in procurement over the years, including increased skills of staff, use of new technology, more collaboration, and a greater variety of contractual arrangements, adopting a more strategic approach of procurement is necessary to close the funding gap.
PROACTIS enables further and higher education institutions to be more creative with resources: streamline procurement processes, actively manage relationships with suppliers, and increase the use of collaborative procurement for low-value, low-risk items. PROACTIS is proven to generate value across all areas of non-pay expenditure that contributes directly to academic aims and objectives. The result is increased purchasing power and better cost effectiveness.
Further and higher education customers include: University of Bristol, University of Birmingham, Godalming College, Croydon College, The National College, and CfBT Education Trust.
Challenges for Further & Higher Education
Some of the challenges our solutions help to address include:
- Unlock valuable spend intelligence
- Collaborate - through consortia and local arrangements
- Drive savings through eSourcing
- Exploit supplier engagement methods and techniques
- Create, manage and control purchasing contracts
- Improve purchase-to-pay efficiencies
- Purchasing policy adherence
- Reduce costs and paper in Accounts Payable
- Integrate sustainability in procurement practices
PROACTIS Spend Control & eProcurement
PROACTIS spend control and eProcurement solutions help Finance and Procurement professionals leverage finite resources to meet the policy and commercial requirements of best value, ultimately redirecting time and money back to the core task of providing better services:
- Supplier Management
- Sourcing & Tenders
- Contract Management
- Catalogue Management
- Invoice Receipt
- Invoice Matching
- Employee Expenses