RESEARCH TRIANGLE PARK, N.C., July 10, 2017 (GLOBE NEWSWIRE) -- JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) solution suite, today announces that Loyola University of Maryland has a live, full suite solution, encompassing sourcing, contract management, and procure to pay solutions. As the leader in spend management solutions for universities, more than half of JAGGAER’s clients in higher education utilize the full procurement suite to maximize cost savings and efficiency.
Loyola University Maryland, a Jesuit, Catholic university located in Baltimore, selected JAGGAER solutions to streamline their spend management process and understand organizational spend. JAGGAER enabled Loyola to transform their procurement processes from manual to automated and aggregate, analyze and manage university-wide spend through a single platform. JAGGAER is the solution of choice for 25% of the leading higher education institutions in North America, and 70% of the top research universities.
“Until recently procurement was a department-level responsibility that limited our cross-organization visibility into overall spend, which left us missing out on cost savings, efficiencies and a deeper understanding of how we were spending funds,” said Randall Gentzler, Vice President for Finance and Treasurer at Loyola. “Moving forward, JAGGAER will be the heart of Loyola’s procurement operation. We are confident that having access to so much in-depth procurement activity data on one platform will not only make us more efficient and drive cost savings but also more strategic about how we use our resources.”
About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER offers the only comprehensive and complete spend solution suites enabling commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. Our solutions suites are trusted by the world's largest higher education, manufacturing, pharmaceutical, life sciences, automotive, engineering, construction equipment, serial production and medical technology companies. Our indirect and direct spend solutions suites collectively form a global network processing billions of dollars in annual spend between 900+ customers and 2.5 million suppliers. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from spend analysis to sourcing, through contract and supplier relationship management. Additionally, JAGGAER holds 38 patents, more than any other spend management company, and acquired POOL4TOOL in 2017. Learn how our solutions can power your organization.
