University of Tennessee Inks New e-Procurement Contract

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

  • illustration of a futuristic building labeled "AI & Innovation," featuring circuit board patterns and an AI brain motif, surrounded by geometric trees and a simplified sky

    Cal Poly Pomona Launches AI and Innovation Center

    In an effort to advance AI innovation, foster community engagement, and prepare students for careers in STEM fields and business, California State Polytechnic University, Pomona has teamed up with AI, cloud, and advisory services provider Avanade to launch a new Avanade AI & Innovation Center.

  •  black graduation cap with a glowing blue AI brain circuit symbol on top

    Report: AI Is a Must for Modern Learners

    A new report from VitalSource identifies a growing demand among learners for AI tools, declaring that "AI isn't just a nice-to-have; it's a must."

  • glowing shield hovers above a digital cloud platform with abstract data streams and cloud icons in the background

    Google to Acquire Cloud Security Firm Wiz

    Google has announced it will acquire cloud security startup Wiz. If completed, the acquisition — an all-cash deal valued at $32 billion — would mark the largest in Google's history.

  • digital dashboard featuring a shield icon, graphs, a world map, and network nodes

    IBM Introduces Agentic AI Governance and Security Platform

    IBM has launched a new software stack for enterprise IT teams tasked with managing the complex governance and security challenges posed by autonomous AI systems.