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University of Tennessee Signs eProcurement Contract with ESM Solutions
  • USA - English


News provided by

ESM Solutions

Jul 30, 2013, 03:00 ET

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Warrington, PA (PRWEB) July 30, 2013 -- ESM Solutions®, the leading provider of spend management and eProcurement solutions for the public sector, has been selected by the University of Tennessee to streamline online procurement processes across the university system through a competitively awarded agreement.

ESM Solutions will provide the University of Tennessee with a complete procurement solution, from bid creation and supplier registration to contract management and financial system integration.

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The University of Tennessee system has a presence in all of Tennessee’s 95 counties, and is comprised of campuses in Knoxville, Chattanooga and Martin, the Health Science Center in Memphis and the statewide Institute of Agriculture and Institute for Public Service. Through the combined force of its education, research and outreach, the university serves and supports students, alumni, business and industry, governments and organizations throughout the state.

With more than 49,000 students and 335,000 alumni worldwide, the University of Tennessee provides a wide range of accessible and affordable educational opportunities at the undergraduate, graduate and professional levels. In addition to its reputable academic programs, the university has decided to improve its administrative systems and processes.

The University of Tennessee system will utilize ESM Solutions’ easily implemented, integrated suite of sourcing, purchasing and contract management applications to control costs and manage spend, thus developing a user-friendly procure-to-pay solution.

“ESM Solutions will provide the University of Tennessee with a complete procurement solution, from bid creation and supplier registration to contract management and financial system integration,” said Mark Paganelli, Executive Director at the University of Tennessee. “The robust system will support our sourcing and purchasing transaction processes for purchase orders and P-Cards, as well as for electronic bids and invoices.”

The university will simplify its entire eProcurement process by using an intuitive online ordering tool, seamlessly integrating to its SAP finance system and viewing actionable system spend data and management information in real-time, using ESM Solutions’ procure-to-pay solution.

“ESM Solutions’ all-inclusive procure-to-pay process will leverage sourcing, purchasing and contract management for the University of Tennessee system,” said Dan Corazzi, CEO of ESM Solutions. “We are excited to work with the university and look forward to getting our solution up and running in their system using our Rapid Deployment methodology.”

The University of Tennessee system adopts today’s fastest growing eProcurement provider, joining ESM Solutions’ family of higher education customers.

For more information on ESM Solutions visit http://www.esmsolutions.com/.

About ESM Solutions
ESM Solutions gives customers complete control of their spending through a comprehensive, valued-based “procure-to-pay” solution. We have been helping customers meet operational needs by saving them time and money for more than twelve years with our eSchoolMall and Mercury Commerce brand applications. Today, ESM Solutions is one unified brand, providing sourcing, purchasing, analytics and contract management solutions to public sector organizations. Our intuitive SaaS-based solution makes streamlining the entire procurement process fast and easy, requiring only a browser and Internet access. http://www.esmsolutions.com/

Malorie Goldblatt, ESM Solutions, http://www.esmsolutions.com, 215.444.9300 162, [email protected]

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