Tulane University Selects JAGGAER to Streamline Organizational Spend Management

Morrisville, NC – April 5, 2016 – JAGGAER, the leading public provider of spend management solutions delivering value beyond savings, today announced Tulane University will implement JAGGAER’s Spend Director and Accounts Payable Director solutions to streamline its current procurement process and to enable strong long-term spend management processes.

“We closely examined all aspects of our operating processes to identify ways the university could reduce budget gaps without impacting the educational standards we have set over the years, and our procurement process quickly stood out as an area that could be transformed,” said Douglas Harrell, vice president for finance and controller of Tulane University. “It became clear that JAGGAER would be able to efficiently address our needs and integrate with our existing systems.”

Becoming a customer at the end of 2015, Tulane University is deploying two of JAGGAER’s source-to-settle solutions, including:

  • Spend Director, to transform a manual and labor-intensive procurement process into an automated center of excellence, delivering significant cost savings and efficiencies and automating the procure-to-pay process.
  • Accounts Payable Director, to eliminate tedious manual processes, free up valuable resources and present an opportunity to make a significant impact on the organization’s bottom line.

About JAGGAER

Some of the largest Commercial, Manufacturing and Life Sciences companies in the world trust JAGGAER with billions of dollars of annual spend. Additionally, JAGGAER is the leading procure-to-pay provider in the Higher Education and Government sectors. JAGGAER eprocurement and strategic sourcing customers across the globe have gained access to the best suppliers, with the best terms, on our scalable, customizable, user-friendly platform. Our SaaS-based, source-to-settle solution provides unparalleled visibility, insights and recommendations to procurement leaders and suppliers. The result is a fluid supply chain driven by powerful spend analysis, comprehensive contract management and efficient accounts payable solutions. Learn how our solutions can power your organization: www.jaggaer.com.

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Cautionary Note Regarding Forward-Looking Statements

Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks are discussed in “Part I, Item 1A, Risk Factors” and elsewhere in JAGGAER’s most recent Annual Report on Form 10-K and other reports, as filed with the United States Securities and Exchange Commission (“SEC”). The company’s SEC reports are available free of charge on the SEC’s website at http://www.sec.gov or on the company’s website at https://www.jaggaer.com. These forward-looking statements speak only as of the date hereof, and JAGGAER undertakes no obligation to update, amend or clarify any forward-looking statement for any reason. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

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