Add as a preferred source on Google


University of Tennessee Inks New e-Procurement Contract

  • By Kevin Hudson
  • 07/30/13

The University of Tennessee has completed a new procurement deal intended to streamline the institution's online procurement processes.

The school chose ESM Solutions to help improve these administrative processes, in hopes that implementation of the company's integrated suite of sourcing, purchasing and contract management applications will enable the institution to control costs, manage spend, and develop "a user-friendly procure-to-pay solution," according to a release.

"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, in a release. "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 ESM procurement applications will integrate with the university's current SAP finance system, one of several varied systems the solution is capable of integrating with, including Banner and Colleague from Ellucian, PeopleSoft, and Oracle, according to the ESM Web site.

The University of Tennessee procurement contract highlights the end of a busy month for ESM Solutions, a month in which the company also finalized contracts for implementation at Hawai'i Pacific University, University of Akron, and the Ivy Tech Community College System of Indiana, according to the company Web site.

About the Author

Kevin Hudson is a freelance journalist based in Portland, Oregon. He can be reached at [email protected].

Featured

  • Digital clouds with data points and network connections

    Microsoft Makes Windows 365 Cloud Apps Available for Public Preview

    Microsoft has announced that Windows 365 Cloud Apps are now available for public preview. This allows IT administrators to stream individual Windows applications from the cloud, removing the need to assign Cloud PCs to every user.

  • university building with classical architecture is partially overlaid by a glowing digital brain graphic

    NSF Invests $100 Million in National AI Research Institutes

    The National Science Foundation has announced a $100 million investment in National Artificial Intelligence Research Institutes, part of a broader White House strategy to maintain American leadership as competition with China intensifies.

  • Hand holding a stylus over a tablet with futuristic risk management icons

    Why Universities Are Ransomware's Easy Target: Lessons from the 23% Surge

    Academic environments face heightened risk because their collaboration-driven environments are inherently open, making them more susceptible to attack, while the high-value research data they hold makes them an especially attractive target. The question is not if this data will be targeted, but whether universities can defend it swiftly enough against increasingly AI-powered threats.

  • school building connected by lines to symbols of AI, data charts, and a funding document with a dollar sign

    ED Issues Guidance on the Use of Federal Grant Funds to Support Learner Outcomes with AI

    In response to President Trump's April 23 Executive Order on advancing AI education, the United States Department of Education has issued new guidance on how K-12 and higher education institutions may use federal grant funds "to support improved outcomes for learners through the responsible integration of artificial intelligence."