JAGGAER Partners with Stonebridge Ventures to Deliver Spend Management Digital Transformation Solutions to Higher Education

RESEARCH TRIANGLE PARK, NC – October 25, 2018 JAGGAER, the world’s largest independent spend management company, today announces a partnership with Stonebridge Ventures, Inc. to deliver tailored Source to Pay solutions designed specifically for the challenges of the dynamic higher education marketplace.

Collectively JAGGAER and Stonebridge Ventures have served hundreds of higher education institutions for over 35 years, and are fully attuned to procurement issues and opportunities within the industry. Stonebridge is respected for advancing the strategic interests of procurement organizations by bringing consulting and operations experience to the supply chain and administrative functions of institutions.

JAGGAER sets the gold standard in spend management solutions for higher education, enabling customers to standardize processes across hundreds of users, manage budgets across multiple departments and campuses, drive savings through better contract compliance and organizational spending limits and increase supplier diversity and performance. JAGGAER’s network of over 3.7 million suppliers delivers the most comprehensive field for any institution’s needs, backed by an industry leading supplier management solution. 70% of the top research institutions use JAGGAER solutions.

“Working with JAGGAER enhances our ability to solve the challenging issue facing higher education procurement: how do leaders become strategic campus partners when faced with institutional financial resource demands and an increasing workload that provokes reactive purchasing? This reality leads to a strategic misalignment, has a ripple effect on customer service, and produces a sub-optimal value contribution to the university. JAGGAER’s powerful spend management solutions are proven to create a solid connection between the executive team, procurement leadership, supplier partners and internal customers. The end result creates a demonstrable return-on-investment, enhanced electronic commerce, an appropriate internal control environment and the ability to support the institutions’ mission by creating significant value from spend management to sustainability,” says Jim Knight, President of Stonebridge Ventures.

About JAGGAER: Global Source to Pay Spend Management Solutions

JAGGAER is the world’s largest independent spend management company, with 2000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking, and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company. www.JAGGAER.com.

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