Texas Tech University System Elevates System-Wide Procurement Efforts with JAGGAER Source-to-Pay Suite

RESEARCH TRIANGLE PARK, N.C., April 18, 2017 (GLOBE NEWSWIRE) -- JAGGAER, Inc., producers of the world's most comprehensive Source to Pay (S2P) solutions suite, today announced that Texas Tech University System, a top public university system based in Lubbock, Texas, has enhanced its use of JAGGAER solutions to manage its essential procurement functions. Texas Tech University System has more than 51,415 students.

“We’re excited to partner with Jaggaer as we work to develop our full suite procure-to-pay system,” said Jennifer Adling, Managing Director of Procurement Services, Texas Tech University. “JAGGAER delivers a one-stop platform for all our procurement, contracting, and payment needs.”

The university system, consisting of four component institutions, integrates JAGGAER’s HigherMarkets e-procurement solution with an existing financial system, Banner Finance from SunGard Higher Education. Because HigherMarkets, is designed to manage the entire procurement cycle, the system’s procurement team was able to drive more spending to preferred suppliers, reduce off-contract spending, and improve overall spend management.

“For years JAGGAER has served as a trusted partner to the world’s leading educational institutions,” said Rob Bonavito, JAGGAER, CEO. “JAGGAER’s comprehensive approach allows our partners to quickly and easily improve efficiency, enhance controls and reduce spending. It also provides the most complete and detailed view of financial operations.”

JAGGAER’s global professional services team continues to work closely with SunGard Higher Education to provide version control, reducing the need for Texas Tech University System’s IT department to support future upgrades.

Some of the largest Commercial, Manufacturing and Life Sciences companies in the world trust JAGGAER with billions of dollars of annual spend. Additionally, JAGGAER is the leading procure-to-pay provider in the Higher Education and Government sectors. JAGGAER eProcurement and strategic sourcing customers across the globe have gained access to the best suppliers, with the best terms, on our scalable, customizable, user-friendly platform. Our SaaS-based, source-to-settle solution provides unparalleled visibility, insights and recommendations to procurement leaders and suppliers. The result is a fluid supply chain driven by powerful spend analysis, comprehensive contract management and efficient accounts payable solutions. Learn how our solutions can power your organization: https://JAGGAER.com/.

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