Florida State University Expands Relationship with JAGGAER to Restructure Procurement Process

RESEARCH TRIANGLE PARK, NC – June 14, 2016 – JAGGAER, the leading public provider of spend management solutions delivering value beyond savings, today announced long-time customer Florida State University (FSU) will expand its use of the JAGGAER Source-to-Pay Suite. The university will now use JAGGAER’s complete eProcurement suite along with sourcing and supplier management modules in order to increase the amount of spend under management and to increase visibility into the entire procurement process.

“One of our main goals is to provide our end users with the most user friendly and efficient procurement experience possible,” said Ian Robbins, Chief Procurement Officer at FSU. “With JAGGAER’s suite of solutions, we will have greater visibility into the entire procurement process and have the ability to maximize our spend with our contracted suppliers.”

Working with JAGGAER since 2008, FSU expanded relations in late 2015 to have all eProcurement on one user-friendly platform. In addition, the organization will be able to consolidate shopping tools and avoid redundant data entry. These changes will create a more user-friendly system to encourage greater adoption which will subsequently increase spend under management throughout the organization. Based on current projections, the new solutions Florida State University is procuring will generate millions of dollars of savings over the life of the contract yielding an expected return on their investment of more than five times the value of their total costs.

FSU is deploying JAGGAER’s suite of source-to-pay solutions, including:

  • Spend Director, to transform manual and labor intensive procurement function into a an automated center of excellence, by driving organizational spend to preferred suppliers, bringing more spend into compliance, delivering significant cost savings and gaining efficiencies.
  • Sourcing Director, to expand control and management of the sourcing process.
  • Total Supplier Manager, to achieve a reduction in risk exposure brought by suppliers, a greater depth of and visibility into supplier data, and consistent and accurate supplier data for supporting sourcing and procurement strategies.

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.


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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 or on the company’s website. 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.