Ellucian and ESM announce expanded partnership

Ellucian Spend Management Suite now offers Ellucian Supplier Management

• Ellucian Spend Management Suite has expanded to include Ellucian Supplier Management, powered by ESM.
• This sourcing and supplier management solution is offered through a deeper partnership with ESM, a leader in procure-to-pay tools for higher education.
• Users now have access to cloud-based, intuitive solution to help stakeholders launch and manage sourcing events and improve supplier participation and engagement.

The Ellucian Spend Management Suite will now contain additional solutions powered by ESM, a leader in procure-to-pay tools for higher education. Today, managing sourcing events more strategically to support institutional goals is a critical imperative. Ellucian Supplier Management provides new capabilities to help institutions make smarter sourcing decisions and drive supplier engagement. Using a single cloud-based solution, sourcing professionals can publish and manage any kind of sourcing event, initiative, or RFx, onboard suppliers more efficiently, and improve supplier participation and engagement.

Ellucian Supplier Management also helps institutions identify, engage, and develop a supplier network aligned with your sourcing priorities. Self-service onboarding and data management tools help institutions improve upstream relationships, manage compliance, and mitigate risk. At a time when every transaction needs to be a strategic one, we are helping institutions like yours build a more engaged and committed supplier community.

Features of Ellucian Supplier Management include:

• A convenient supplier portal to help institutions gather the right information to invite, approve,and activate suppliers more effectively.
• A single platform for launching, publishing, and evaluating even the most complex events.
• Virtual libraries and templated content that can be easily copied, edited, and reused to accommodate multiple event types.
• Standardized, configurable integrations with Ellucian Banner® and Ellucian Colleague® leveraging the Ellucian Ethos platform helps ensure consistent and reliable data exchange for more control and better insight.