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Blog

5 eProcurement Myths (And Why They Aren’t True)

September 6, 2022August 24, 2023

While the benefits of eProcurement are well known, there are still many agencies today that continue to utilize outdated and inefficient systems for purchasing. Of those organizations that have adopted online bidding and purchasing procedures, many still have not addressed the administrative inefficiencies that exist. From increased transparency and productivity, to proven hard dollar savings, eProcurement offers a solution for many of the challenges organizations face. So why aren’t more agencies adopting eProcurement? Read on to learn about the eProcurement myths that persist today, and why advancements in technology have rendered them moot.

Five Common eProcurement Myths

Myth 1:

With upfront costs for hardware as well as licensing fees, the price tag for implementation can easily stretch into the six figures.

FACT: Today’s cloud computing offerings cost much less than their predecessors. Without hardware or licensing fees required, only subscription fees, eProcurement is much more financially accessible than it once was.

Myth 2:

It is costly and complicated to integrate with an organization’s ERP system.

FACT: Advancements in technology have made integrating with an organization’s ERP easier than ever. In an American City & County article titled Removing The Obstacles To E-Procurement Adoption they report, “The availability (and low cost) of new technology standards such as XML have largely alleviated concerns about integrating e-procurement with back-end financial systems.” In fact, the syncing with an organization’s ERP allows items purchased to be assigned appropriate commodity codes to ensure transactions are posted appropriately for accounting purposes.

Myth 3:

For organizations with small or non-existent IT departments, management of an eProcurement platform is a drain on resources.

FACT: Cloud-based systems that offer a multi-vendor marketplace should only need to engage an organization’s IT department at initial ERP integration. eProcurement providers can easily manage supplier enablement, even for those vendors without existing punchout sites, eliminating the strain on buyer procurement and IT departments.

Myth 3:

For organizations with small or non-existent IT departments, management of an eProcurement platform is a drain on resources.

Myth 4:

Due to additional costs to suppliers and complex onboarding processes, large suppliers will stop selling to local governments that adopt eProcurement measures.

FACT: Today’s eProcurement marketplaces integrate all of an organization’s current suppliers at no extra cost to the supplier. What’s more, they can seamlessly incorporate suppliers regardless of technological capabilities or chosen platforms. In fact, eProcurement can streamline supplier engagement with the agency and help reduce operating costs for all parties involved.

Myth 5:

eProcurement systems prohibit organizations from working with small local businesses because it is either too costly for them, or just not feasible.

FACT: eProcurement systems now have the ability to integrate suppliers regardless of their size or technological capabilities. In fact, the creation of fully-featured eCommerce stores for local businesses, specifically designed to support punchout commerce, have been responsible for propelling countless local suppliers into the world of eProcurement.

Source: https://www.americancityandcounty.com/2011/08/01/removing-the-obstacles-to-e-procurement-adoption/

Blog

Creating a Business Case for eProcurement

September 6, 2022August 24, 2023

Procurement departments across the country are reporting that they are busier than ever with staff shortages, budget cuts, and ongoing supply chain issues. Whether it is these challenges or others that your department is facing, you may believe now is the time to find a solution that will streamline your organization’s procurement process. Based on your research, and recommendations from other agencies, you may have already decided that implementing an eProcurement marketplace is just that solution. Creating a formal business case for eProcurement is the best way to present this new initiative to achieve stakeholder approval.

What is an eProcurement business case?

According to projectmanager.com, a business case is a presentation or document that outlines why a project should be executed, and how its benefits outweigh its costs. The goal of a business case is to convince stakeholders of a project’s value, and that the project you are proposing is a sound investment in which they should direct resources. To build a business case for EqualLevel’s eProcurement system, it is important to provide higher-ups with the information they need to understand both the importance of automating, and the return on investment (ROI).

The Five Elements of a Successful Business Case

There are many recommended formats for structuring a business case but in general, it should cover the following five elements:

1. The Challenge

In this first section of your business case, you will outline your current process and the reasons why you believe change is necessary. Challenges you might include:

Manual entry is slowing down the purchase process
Manual entry causes more errors
Bookkeeper burnout
Maverick spend
Non-compliant purchasing

You should also include the costs associated with your current system in this part of the business case. These could include any costs related to software, the wages paid to employees who manually enter requisitions and purchase orders, as well as the costs associated with continuing to overpay for goods and services.

TIP: When tallying your current costs, if there is information you are not able to find within your organization, industry benchmarks should suffice.

2. The Solution

In this section of your business case, you will present the solution you are recommending, namely, implementing EqualLevel’s software. This will be where you define what an eProcurement system is. Here is an example: “An eProcurement marketplace is integrated with an organization’s ERP system and offers a single, seamless platform that facilitates all of the processes associated with the shop-order-pay transaction. EqualLevel’s dashboard offers a consumer shopping-like experience where users can shop from all of their organization’s approved suppliers in one place. With this set-up, best value options are displayed and organizations report higher user acceptance and greater compliance.”

This is also the part of the business case where you will present how the software works. The best way to explain the functionality and capabilities of EqualLevel’s AI-powered software is to see it in use. EqualLevel creates customized software demos so you, and your organization’s stakeholders, can see the marketplace in action. The demos allow interested parties to get hands-on experience with the system and it lets them see how EqualLevel’s Savings Advisor (ELSA) locates savings in real-time, while a user shops.

3. The Cost

EqualLevel is able to provide a worksheet to quickly calculate the results you can reasonably expect to achieve through deployment of its eProcurement marketplace. The worksheet divides savings into two areas: “soft” savings, where process costs will be reduced (the resources may be reallocated to other, more value-added, activities), and “hard” savings, where costs will actually be reduced (using ELSA). Once you have calculated your expected savings, you can subtract that from the cost of the marketplace software to determine your ROI.

4. The Benefits

The next section in a business case should include the benefits your organization can anticipate from implementing your initiative. In this case the benefits of an eProcurement marketplace include:

Efficiency: Automating leads to faster cycle times and improved productivity. The elimination of paper and manual steps frees up time for employees to focus on more critical initiatives.
Cost Savings: With all approved vendors housed in one centralized location, best value products can be easily identified.
Compliance: By automating the three-bid process and showing only contracted vendors, an eProcurement marketplace helps organizations comply with state and federal regulations.
Transparency: Robust reporting capabilities help ensure purchases conform to established policies. Real-time visibility into purchasing activities discourages maverick spending and provides leadership with valuable Insights.

5. The Timeline

Generally, an eProcurement marketplace can be implemented in 60 to 90 days and often a return on investment can be achieved within a single fiscal year. EqualLevel can provide a generic timeline for implementation to present to stakeholders or an estimated timeline can be created that is tailored to your organization’s unique situation.

A well-organized and thoughtful business case could be the difference between being able to implement an eProcurement marketplace, or not. Should you need help with this process, or for more information, go to www.equallevel.com.

About the Author

April Marzzacco is a Strategic Sales Consultant for EqualLevel where she brings over 20 years of eCommerce and procurement experience to her role. Prior to EqualLevel, she served as a Business Process Analyst at the Lee County School District where she was responsible for production support, analysis, process documentation, training, and process improvement. She also worked in the district’s Procurement Department where she was instrumental in integrating both the EqualLevel marketplace and an eSourcing platform.

Case Study

City Adopts Best-of-Breed eProcurement Solution, User Acceptance Soars

August 17, 2022August 24, 2023

In 2021, despite having an end-to-end PunchOut system in place, the City of Sioux Falls’s procurement department was still processing thousands of purchase orders annually. Frustrated with the inefficiency of their system, procurement officers set out to find a best-of-breed eProcurement solution for the city.

The Problem

The city’s PunchOut system was ineffective and therefore not being utilized by employees in the field. Not only was it clunky, but it also lacked functionality, it was hard to access, and users found the checkout process cumbersome. It was easier to send requisitions for purchases to procurement than to try to make purchases through the system they had in place. The city was also limited in the number of catalogs the system could employ, leaving options for products also limited. Additionally, the procurement department found running reports to be a lengthy process in their former system.

About the City of Sioux Falls

Boasting highly rated schools, low tax rates, affordable housing, and a dynamic parks and recreation system, the City of Sioux Falls provides its citizens with a great place to live, work, learn and play. It is no wonder that in 2020, the city was voted tenth among the 100 best places to live in the U.S. (livability.com). Situated in the middle of the Great Plains, the City of Sioux Falls is the largest city in South Dakota, with a population of 180,927. Its progressive city government, with a 2022 operating budget of $281 million, is led by Mayor Paul TenHaken. The Mayor has continually pledged his commitment to investing city dollars into technology to improve processes.

Time for a Change

Purchasing Manager Scott Rust and Business Analyst Matt Newman knew that if they ever wanted to have a tool that made purchasing easier and that would be embraced by city employees, they would have to find one that was much more user-friendly. They set out to find a best-in-breed eProcurement platform that could provide an easy and effective shopping experience for end-users.

User Acceptance Number One Priority

Because user acceptance was the top priority for the city, they evaluated their options based on end-user needs. Rust and Newman created a list of features they surmised city departments would need in a new system. Then, they took that list to city employees to see if they were on the right track, and if there was anything that they may have missed. Based on the feedback they received they modified their list. “We listened to our end-users. We wanted them to be in the driver’s seat,” said Rust. Besides end-user acceptance, it was also important to the procurement department that the new system offer robust reporting capabilities.

Best-of-breed eProcurement System

The City of Sioux Falls set out to find a “best-of-breed” eProcurement system. They conducted a formal evaluation of systems recommended by their counterparts at various schools, cities, and states. One system that was endorsed, the EqualLevel marketplace, seemed to check all of the city’s boxes. With its ability to provide users with an easy and effective shopping experience with unlimited catalogs in one centralized location, along with its extensive reporting capabilities, EqualLevel’s system seemed like a win for both the city’s end-users and the procurement department alike. During a demo, the city looked at every facet of the software to determine ease-of-use for the end-user. The checkout process was simple and seamless. On the administrative side, they found the workflow worked well for routing purchases over a certain threshold to procurement. They were also impressed with the system’s dashboard and reporting features.

CFO Approval

Selling the product to the city’s CFO turned out to be an easy process for Rust and Newman. EqualLevel’s marketplace would cost less than their current product and it had a better ROI, making it a “no brainer,” said Newman. Having the ability to use a single sign-on through the city’s intranet, as well as the security certificate EqualLevel has in place, were selling points for the city’s IT department.

“We were surprised how fast it was adopted and how fast it earned a prominent spot on our city’s intranet.”

The City of Sioux Falls ultimately decided to partner with EqualLevel and signed a contract in fall 2021. The implementation process began with a kick-off meeting between the city and EqualLevel where the project was divided into stages and an aggressive timeline was established. The city supplied EqualLevel with the names of the suppliers that needed to be set up in the system. “EqualLevel worked closely with us and each of our suppliers. Some suppliers were more familiar with PunchOut than others. EqualLevel worked step-by-step with the companies that needed more help with the process,” Newman shared. In keeping with their timeline, the city was able to fully roll out the new system in April 2022. “The process was not too cumbersome at all,” said Rust. “We were surprised how fast it was adopted and how fast it earned a prominent spot on our city’s intranet.”

Launch

The City of Sioux Falls decided to launch its EqualLevel marketplace utilizing its pCard program for payment. Since the launch of the city’s new EqualLevel marketplace, there have been more orders, contract compliance has increased, and there has been less maverick spending. “Now that we have been able to add so many more catalogs, the spend has gone up on contract considerably,” said Rust. In the three months the system has been in use, over $350,000 in spend has been executed through the marketplace. In the last 30 days alone, there have been over $30,000 in purchases. “EqualLevel was able to create an easy-to-use, Amazon-like shopping experience for the city. EqualLevel’s flexibility allowed us to create the system we need. The checkout process is seamless. From the field to the office, everyone can use it,” said Rust.

Today, with the implementation of the EqualLevel program, the city has removed over 600 purchase orders from the system. Buyers no longer have to wait for procurement department approval before making purchases. “Having 600 plus requisitions out of our system has freed up procurement employees to do other things. With supply chain issues and federal money that has become available, procurement is not getting any less busy. It truly couldn’t have come at a better time,” said Rust.

More City Dollars Kept Locally

The city currently has 20 supplier catalogs onboarded with plans for more in the future. The fact that there is no limit to the number of catalogs that can be added equates to time savings for employees who can now utilize the procurement software as a one-stop-shop. Of the suppliers that have been onboarded, 12 have brick and mortar stores within city limits, allowing more of the city’s dollars to be kept locally. “Doing business with local retailers has been a priority for our city. With EqualLevel’s tool we are able to satisfy that goal,” said Rust.

Reporting

On the administrative side, the marketplace’s dashboard includes reports that show up-to-date spend for the month or for the week, or by user. Easy-to-run reports and the ability to customize ad hoc reports means the product is not just a fit for departments in the field, but also for city administrators.

User Acceptance

With 250 active users, the city has achieved a 70% user acceptance rate which is better than they had anticipated. End-users are taking ownership of the system including suggesting catalogs to add and providing ideas to make the software work even better for them. “With everything in one system, users are motivated to use it. People feel good about saving money with the built-in savings advisor, ELSA, and administrators like seeing their savings accumulate through the ELSA reporting,” said Newman.

pCards

The ease of using the pCards through the marketplace has provided other benefits as well. “The rebate with our pCard program has grown exponentially through the increased use of the marketplace,” said Newman. “This additional rebate further increases the product’s ROI.”

“The possibilities are endless.”

Now that phase one implementation has been completed, Rust and Newman look forward to watching the marketplace continue to evolve and to seeing the savings achieved after the system has been in place for a full 12 months. Phase two plans are in place to add more catalogs and more users. “The system will continue to evolve and get better as we use it. The possibilities are endless,” said Rust.

The city sought to build a best-of-breed procurement solution for their community and they believe they have found it. “The product provides ease-of-use for both the end-user and the administrator. The analytics of the tool are amazing. We now have so much information at our fingertips.” Rust and Newman are excited about the future and the growing benefits that the EqualLevel marketplace will provide.

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News

National Procurement Institute Honors EqualLevel Customers

July 28, 2022August 24, 2023

EqualLevel is pleased to announce that five of its customers have been honored with the prestigious 2022 National Procurement Institute Achievement of Excellence in Procurement Award.

About the NPI

The National Procurement Institute (NPI) is a non-profit organization that serves public procurement professionals. Founded in 1968, NPI is focused on leading excellence in public procurement. As stated on their website, “members of NPI represent the current and future leaders of the public procurement profession.”

About the NPI Achievement of Excellence in Procurement Award

According to NPI’s website, “In 1995, the National Procurement Institute, Inc. (NPI) established the Achievement of Excellence in Procurement® (AEP) program, designed to recognize organizational excellence in public procurement. This prestigious annual award is earned by those organizations that demonstrate excellence by obtaining a high score based on criteria designed to measure innovation, professionalism, productivity, e-procurement, and leadership attributes of the procurement organization. From nine recipients in 1996 to around 200 in the most recent years, the AEP continues to be recognized as the premier award in the public procurement profession.”

EqualLevel congratulates the following entities we work with on this important achievement. We are proud to partner with each of these amazing organizations–their accolades are richly deserved.

News

School Districts Realize $600K in Procurement Savings with AI

February 7, 2022August 24, 2023

Maverick spending is costing schools significantly each year. EqualLevel developed the EqualLevel Savings Advisor™ (ELSA) to thwart this overspending. ELSA combines the power of artificial intelligence (AI) to automatically identify in real-time the lowest price for an item, or the best available substitute. In 2021, EqualLevel examined spend data from twenty school district customers that utilize the EqualLevel Marketplace with ELSA and the total amount of procurement savings the districts achieved in one year was remarkable.

EqualLevel Savings Advisor

The EqualLevel Marketplace solution consolidates supplier catalogs into a single marketplace to easily comparison shop items. ELSA combines the power of artificial intelligence (AI) to automatically identify, in real-time, the lowest price for an item, or the best available substitute. This enables shoppers to quickly edit their shopping cart to accept ELSA’s recommendation, or to enter a justification for keeping their current item. Detailed reporting is available that includes the alternatives suggested, decisions made, and the savings achieved or missed.

Procurement Savings With ELSA

To measure the impact of ELSA, in 2021, EqualLevel examined the spend from twenty school district customers that utilize the EqualLevel Marketplace with ELSA. These districts were spread among five states and utilized marketplaces that were integrated with eight different ERP systems–eFinancePlus, MUNIS, Oracle, PeopleSoft, SAP, Skyward, TEAMS, and USAS.

In total, ELSA saved the twenty districts a combined $642,454 for 2021. These savings were a direct result of ELSA auditing shoppers’ carts and recommending the same or comparable products at a lower price from other approved vendors, and the shopper accepting the substitute. The savings for each district depended on their total spend, but average savings were $32,122, and the highest savings calculated from data from one of the larger school districts was $282,852. In addition, data showed that savings increase over time. As more contracts are added to the marketplace, and as the AI engine learns more about shoppers’ buying behaviors, ELSA identifies more alternatives and drives even more savings.

Most of the twenty districts achieved a return on investment for their marketplace application in the first year with their savings from ELSA alone. This does not include the savings achieved via the marketplace itself. Ensuring contract compliance, increasing productivity, and reducing manual data entry and errors all contribute to greater savings beyond those achieved with ELSA.

For K-12 school districts, EqualLevel’s marketplace solution can do more than streamline their procurement processes and ensure compliance—it can also drive significant cost savings. By incorporating real-time analysis using an AI engine for comparison shopping, the EqualLevel marketplace can prevent overspending and deliver immediate cost savings to school districts.

Click here to learn more about ELSA.

Click here to learn more about EqualLevel’s eProcurement solution.

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Blog

Time is Money: Learn How to Save Both with an Online Procurement Platform

March 16, 2021August 24, 2023

Manual and paper-based procurement processes have been plagued with inefficiencies. Whether it be requisitioning, ordering, invoice reconciliation, or payment processing, the outdated, inflexible, and costly purchasing systems in use restrict the ability to conduct broad-based procurement with the supply community. But what if there was an “easy” button for the procurement process? EqualLevel’s online procurement platform allows organizations to quickly implement a cloud-based, multi-vendor, procure-to-pay marketplace that ensures compliance and can be accessed anywhere, at any time. With increased transparency, efficiency, and compliance, the marketplace enables organizations to conduct business in the office or remotely, and it provides greater access into an approved, fully digital supply network.

Over the last two decades, eCommerce has exploded in the consumer world with companies like Amazon making buying almost anything as easy as 1-2-3. By digitizing the procurement process, the shopping experience for businesses can be just as simple and can lead to increased savings and operational efficiency.

The marketplace seamlessly integrates with existing enterprise resource planning (ERP) systems so that all approved suppliers/vendors and all goods and services managed by procurement are located in one easy-to-use, easy-to-administer system. It spans the entire procurement lifecycle, from punch-out commerce solutions to shopping for goods or services, approval workflow, catalog and contract pricing, purchase order automation,and receipt-invoice matching.

The Benefits of An Online Procurement Platform

Organizations that have implemented an eProcurement marketplace have quickly recognized the many benefits of digitizing the procurement process. To list a few:

Efficiency: By automating a significant portion of the procurement process, an eProcurement marketplace leads to faster cycle times and improved productivity. The elimination of paper and manual steps also frees up time for employees to focus on more value-added activities.

Cost Saving: Cost-saving with an eProcurement system comes not only from ordering through preferred vendors but also from increased spend visibility. The EqualLevel Savings Advisor (ELSA) analyzes quotes to ensure the best value and uses machine learning to become smarter with every purchase. Utilizing a real-time, federated search across punchout sites, similar to Travelocity or Orbitz, data is collected from distributed sources and artificial intelligence (AI) technology uses this data to identify savings opportunities.

Compliance: Implementing a one-stop, multi-vendor punchout marketplace of all approved suppliers and contracts ensures compliance with state and federal regulations. The system automatically creates a three-bid process to determine product price, select the supplier (among approved vendors), and create the requisition or shopping cart for approval.

Transparency: eProcurement also makes it easier to conduct and analyze reports on procurement systems in order to ensure that the procedures conform to established policies. Real-time visibility into what supplies employees are purchasing and from which vendors provides valuable business insight and eliminates maverick spending.

Innovating an outdated procurement process with an online eProcurement marketplace provides a single, seamless platform to facilitate the shop-order-pay transaction. It provides employees with a more streamlined and efficient experience so they can optimize every dollar spent and every moment doing so.

When it comes to procurement, time is money. Neither time nor money should be wasted. Isn’t it time for your organization to hit the easy button and jump in?

Learn more about the EqualLevel eProcurement marketplace at https://equallevel.com/marketplace.

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Blog

Why School Districts Need a Procure-to-Pay Marketplace

September 1, 2020August 24, 2023

Many schools continue to struggle with and adapt to the education budget crisis created by the pandemic. Districts can no longer afford the inefficient costs of manual, paper-based requisitioning, ordering, invoice reconciliation, and payment processes. Digitizing the procure-to-pay process is now a necessity if school districts are to pursue every opportunity for savings and efficiency.

What is a Procure-to-Pay Marketplace?

Procure-to-Pay refers to an organization’s operational procurement process, from requisition all the way through to payment. A procure-to-pay marketplace offers a single, seamless platform that facilitates all of the processes associated with the shop-order-pay transaction.

Organizations that have implemented an end-to-end procure-to-pay marketplace derive many benefits from their systems. To highlight just a few:

One-stop-shop. A single site that teachers and staff can access to easily requisition all the goods and services they require from approved supplier contracts

Optimize savings. Ability to identify savings opportunities in real-time to eliminate over-spending

On-contract, compliant spending. Automated tracking of expenditures per contract to ensure budget, contract, and policy compliance

Reduced overhead. Lower transaction costs by eliminating manual, paper-based procurement and payables processing

Business insight. Increased visibility and control across the entire procure-to-pay process informs and elevates management decisions

Further, a procure-to-pay marketplace eliminates the wall between procurement and accounts payable by automating the reconciliation of invoices and creating easy access to historical records that support audit requirements.

Understanding the Procure-to-Pay S-O-P

SHOP. Shopping/requisitioning is the first step in the procure-to-pay process. In this stage, buyers find the right product or utilize a three-bid process to determine product price, select the supplier, and create a requisition or shopping cart for approval.

The most efficient way to shop and create a purchase requisition is to implement a one-stop multi-vendor punchout marketplace of all district-approved suppliers and contracts. Teachers and staff can then shop across these suppliers’ catalogs to access real-time product information, and to conduct side-by-side comparisons. EqualLevel’s marketplace includes real-time search across punchout sites and an AI-powered savings advisor that checks items in the cart to suggest lower-cost identical or substitute goods.

Once a cart/purchase requisition is created, a requisition workflow is initiated. These workflows are automated and flexible, allowing them to vary between schools, departments, and in monetary value. Approvers can either accept or reject a purchase requisition after evaluating the need, verifying the available budget, and validating the purchase requisition form. Incomplete purchase requisitions are rejected back to the initiator for correction and resubmission. Approved purchase requisitions are converted into a purchase order and transmitted to the supplier.

ORDER. The next step in the procurement cycle, Order, involves processing, receiving, and distributing the product.

While leveraging a supplier punchout catalog creates efficiencies, these productivity gains can increase exponentially with the integration of purchase orders. With integrated purchase orders, districts can eliminate employees’ time spent placing orders over the phone or sending a pdf via email or fax. Also eliminated is the possibility of data entry and re-keying errors by the supplier. Data is seamlessly transferred and required fields are automatically populated during PO creation.

One of the biggest benefits of integrated POs is the reduction in order processing time. The POs are submitted directly to the supplier’s fulfillment system via XML (Extensible Markup Language) or EDI (Electronic Data Interchange) where orders are then picked, packed, and shipped.

PAY. This last phase of the procurement process, Pay, lets organizations maximize the benefits of procure-to-pay automation. Suppliers are able to submit invoices electronically, which boosts financial accuracy and processing efficiencies.

Once a goods receipt is approved, a three-way match between the purchase order, the vendor invoice, and the receipt of the good is performed. If no discrepancies exist, the invoice is automatically approved and an okay-to-pay notification is sent to the finance team for payment disbursement. A common frustration for districts processing invoices is missing or incorrect information that often requires valuable time spent hunting down the correct data. If inaccuracies are present, the invoice can be automatically rejected back to the supplier along with the reason for rejection.

Finance and Accounts Payable Departments want to ensure vendors are billing properly and every order contains the necessary data to reconcile. Integrated invoicing via XML facilitates information accuracy, consistency, and completion. As a result, payments go out the door more quickly.

More dollars for instruction.

School administrators need all the resources available to ensure their students are successful. Spending more than necessary on transactions or inefficient systems eats away hard dollars that could have been focused on expanding mission-centric educational programs.

With a proven ROI for school districts ranging from 2,000 to 200,000 students, the EqualLevel Marketplace will help your schools extend their budgets and make the most of every instructional dollar.

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Blog

Myth 1:

Myth 2:

Myth 3:

Myth 3:

Myth 4:

Myth 5:

Further Reading

Blog

What is an eProcurement business case?

The Five Elements of a Successful Business Case

About the Author

Further Reading

Case Study

The Problem

About the City of Sioux Falls

Time for a Change

User Acceptance Number One Priority

Best-of-breed eProcurement System

CFO Approval

“We were surprised how fast it was adopted and how fast it earned a prominent spot on our city’s intranet.”

Launch

More City Dollars Kept Locally

Reporting

User Acceptance

pCards

“The possibilities are endless.”

News

About the NPI

About the NPI Achievement of Excellence in Procurement Award

News

EqualLevel Savings Advisor

Procurement Savings With ELSA

Blog

The Benefits of An Online Procurement Platform

Organizations that have implemented an eProcurement marketplace have quickly recognized the many benefits of digitizing the procurement process. To list a few:

Blog

What is a Procure-to-Pay Marketplace?

Understanding the Procure-to-Pay S-O-P

More dollars for instruction.