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In Rosslyn Data Technologies 2017 Report on the State of Procurement in Higher Education, procurement leaders stated that improving student experiences, managing compliance, improving operational efficiencies and reducing costs are their top priorities in the next few years. In addition, the demand for social responsibility in purchasing continues to rise and regulatory compliance continues to evolve. For example, procurement is arguably the most impacted area of federal government changes to uniform guidance requirements for federal grant awards. However, despite these lofty challenges, educational institutions are being tasked to get by with limited resources. In this webinar, you’ll learn how counter-intuitive approaches to traditional procurement and real-time data are helping higher-educational procurement organizations realize unprecedented user adoption streamline regulatory spend compliance and reporting, drive social responsibility, increase stakeholder satisfaction and increase purchase value from annual managed spend. Learn an "inside-out" approach to traditional procurement strategies, supplier engagement and capturing long-tail spend. Discover how real-time data and automated processes are essential to transforming higher-educational purchasing operations to meet today’s challenges.
Three takeaways:
1. Reshaping the traditional procurement business model to realize exceptional user adoption, purchasing compliance and spend transparency.
2. How higher education institutions can automate, proactively manage and document federal grant purchasing activities to proactively drive uniform guidance compliance, streamline reporting tasks in preparation for the Single Audit and ultimately avoid penalties.
3. How real-time eProcurement delivers unprecedented operational efficiencies while maximizing the value obtained for each dollar spent.
Presented by Tulsi Zeidman Head of Strategic Solutions, Aquiire.