Strategic procurement is key in managing a challenging economic environment
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Robust procurement technology is business enabled, replacing manual operations and gaining efficiencies in overall purchasing processes and in automated invoice processing - all without heavy IT engagement.
Spend visibility enables spend management, a key strategic advantage, as higher education focuses on containing rising costs and keeping tuition hikes at bay.
BuyerQuest solves procurement issues in Higher Education
BuyerQuest’s full support for decentralized procurement ensures that academics, researchers, and administrators at all levels are purchasing in the most efficient ways possible.
BuyerQuest's budget management solution provides robust tracking against budget from order to settlement. Analytics enable total visibility into spend levels and report against spend limits and accounting groups.
Contracts capture negotiated pricing with suppliers – when users shop within the BuyerQuest Marketplace, they are purchasing in compliance with policies. Guaranteed Compliance with BuyerQuest Contracts means that cost savings are locked in with supplier discounts.