Purchasing Software Integrated with your ERP

You can now afford to connect SCT Banner to E-procurement as part of your Procurement Management Plan!

Many colleges and universities have spent millions of dollars on their enterprise resource planning tool from SCT Banner. Their investment in time, money and resources can result in major efficiencies in various organizations that can help stream line operations.

Unfortunately when these institutions purchase an ERP Solution such as the one from Sungard, the procurement management plans and processes still rely on manual paper based formats. Time and time again, these colleges who have purchased a robust application to manage student enrollment, HR planning and other areas do not have the ability to easily create and route purchase requisitions electronically.

Enterprise resource planning systems (ERPs) address the financial, human resource and student enrollment aspect of the college business, but cannot maintain quality functions in every area the college needs. E-procurement is one such area that SCT Banner does not provide any focus and relies on partners to deliver best of breed software.

There are 2 main partners that deliver high quality e-procurement solutions but are miles apart on their price points. One partner who has had an integration with SCT Banner for some time and is very well established, has a price tag that many colleges cannot afford. Recently though, a new player has come into the marketplace who also has many years of experience but can deliver their solution in a much more attractive price.

This new player has been in business for 10 years and has significant experience in e-sourcing and e-procurement and is becoming a significant player in the college space with not only SCt Banner, but Datatel as well.

SunGard Higher Ed and its new partner than have taken this interface to the market and has been very successful in integrating their best of breed functionality with the Banner application. The interface has been tested and is now being implemented into several colleges across the country with very positive results.

Using e-procurement with the SCT Banner integration, you benefit from the following:

1.    A user friendly front end that can be accessible from any internet capable computer
2.    A controlled approval processes that can easily be created with existing business rules.
3.    A front end portal to all preferred vendors
4.    Budget checking during the requisition process and Full encumbrance when the Purchase Order is created
5.    Electronic Purchase Orders sent directly to suppliers

In summary, if your organization is struggling with a manual paper procurement process and you are using the SCT Banner solution, your procurement management plan can now become much more effective when you integrate with a best of breed e-procurement solution. You will be glad you did!

Click here or the E-book Below for Free Information on Implementing E-procurement