Sourcing & Bidding
- Best-in-class UI, and configurable templates, libraries and workflows for event approval and awarding to promote a consistent, approved and compliant process
- Improve efficiency of sourcing professionals by providing more visibility into efforts and results
- Collaborate on sourcing events to gain purchasing power
- Centralized master vendor list to optimize bidder invites and participation
- Self service supplier portal that supports a two-way auditable supplier communication
- Reverse auction capabilities and multi-round event support to facilitate the best negotiations
- Automated Award Process and seamless integrations with JAGGAER contracting and purchase processes
Event Creation Demo Supplier Response Demo Evaluation/Award Demo
eMarketplace Purchase Process
- Shared eMarketplace administered at a single point with highly customizable campus interfaces
- Centralized and one-stop shopping experience for all requests and purchases promotes ease of use and user adoption
- Managed supplier enablement program with on-going management frees up SUNY’s IT resources
- Easy-to-use shopping and approval/requisition tasks with powerful functionality behind the scenes to streamline complicated business rules
- 100% auditable and compliant process for managing requisitions, purchase orders, purchase order delivery, and invoices
- Improved cycle time with email and mobile approvals
eInvoicing Payments
- Eliminate manual processes that lead to errors and missed savings opportunities
- Reduce the per invoice costs to $4 or less from average $38 by automating 2 and 3 way matching for improved receiving process and reduced manual touchpoints
- Avoid late-payment penalties, duplicate payments and overpayments
- Increase savings with visibility into early payment opportunities
- Decrease supplier calls with Self Service Supplier Portal that allows for submittal of new invoices electronically, view of open PO’s and tracking of current payment statuses
Contract Management
- Robust, end-to-end CLM for true cradle to grave lifecycle management
- Gain visibility with a centralized repository for all contracts
- Reduce operating and administrative costs with standardized templates, clauses and workflow
- Automated alerts and notifications for budgets, renewals, and expirations to promote savings and ensure key dates are not missed
- Track spend against contract to capture savings and better negotiate with your suppliers
- Drive consistent contract pricing across the SUNY System by enabling a single point of entry for the supplier’s pricing file
Spend Analysis Reporting
- Gain visibility into SUNY-wide spend using a unified, comprehensive business intelligence solution.
- View on-contract versus off-contract spend to identify potential savings and better negotiate with your suppliers
- Leverage spend visibility to optimize savings opportunities and drive strategic procurement decisions and sourcing events
- Gain access to reporting and spend analytics for all phases of procurement process
- Monitor cycle times within the process to improve efficiencies
Overall User Experience
- One fully integrated end-to-end solution
- 100% browser based
- Intuitive e-commerce look and feel for minimal training and ease of use to promote user adoption
- A one-stop shop for all purchase and request types with seamless user interface for a common experience across SUNY
- Tablet friendly and iPad certified
- Mobile App for approvals reduces process time