Spend Control for Higher Education

Gaining visibility and control of spend, while maintaining service quality in a fast-changing environment is of paramount importance

The current educational landscape is focusing strongly on raising education levels and the quality of the education offered. But at the same time, changes in funding, greater competition for students and new development opportunities are challenging the way procurement has traditionally been managed. Institutions everywhere need to reduce costs and drive up efficiency in a fast-changing environment.

New budgetary and regulatory requirements also demand change. But transformation in the way spend is managed isn't always straightforward for colleges and universities, given the typically decentralised nature of these organisations.
 
Procurement and Financial functions may be devolved across multiple schools, departments and campuses. Faculties value their independence and set their own priorities. They may use different systems and procurement procedures – many of which may be manual and costly.
 
But there is a way for education institutions to deliver change – and reap the rewards.

The future is bright for education

Find new ways to source, purchase and pay for the extremely wide range of goods and services you need. Use new capabilities to more effectively operate your facilities, enhance your faculties’ provision and enrich your students' experience.
 
With Proactis you obtain the right tools to allocate more budget to providing an excellent education and ground-breaking research. You can manage institution-wide Procure-to-Pay (P2P) processes, automate and transform the Accounts Payable (AP) process, leverage industry-specific marketplaces, standardise sourcing and contract management for all departments, and more. Ensure that you have complete insight into your costs and that you control your spend.