Purchasing & Procurement, Supplier News

ESM and Ellucian support new efficiencies in higher ed procurement

Ordering and Receiving is much more efficient”

Institutions are managing their spend by using Ellucian Ethos to unify their procurement and finance systems

ESM Solutions, a leading provider of spend management solutions as SaaS-based applications, announced today that eight higher education institutions have implemented integrations to unify their procurement and finance ecosystems with Ellucian, the leading provider of software and services built to power higher education.

Central Community College, Community College of Philadelphia, State Center Community College District, Columbia College, Swarthmore College, College of Western Idaho, East Central College, and Shenandoah University are now able to automatically synchronize data to improve control and visibility of budgeting and non-payroll spend. Using Ellucian Ethos, a platform that connects people, processes, and applications. ESM’s pre-built Ellucian Banner and Ellucian Colleague Ethos integrations will help these eight schools leverage more consistent and reliable data exchange between their finance and procurement systems.

“Transactional data exchange across cloud and campus solutions remains a significant challenge for higher education institutions today,” said Joshua Faith, CEO, ESM solutions. “We work closely with our customers to understand the touchpoints that matter to procurement. Especially today, they are looking for better ways to accelerate processes, manage risk, and deliver better service. That requires a unified view of how dollars are being budgeted and spent.”

“Our partnership with ESM connects data and transactions to improve the customer experience for Finance and Procurement departments,” said Kuljit Dharni, Senior Vice President, Partnerships and Strategic Programs. “We are excited to see how partners like ESM are harnessing and leveraging the power of ETHOS to make a real difference to stakeholders across the institution.”

Ethos-powered integration synchronizes key transactional data to:

  • Ensure all applications share accurate, timely, and complete master data
  • Centralize core information, data values, and business rules
  • Create a standardized model to manage key master data
  • Support data governance policies and processes

For more information on pre-built integrations connecting finance and procurement systems with Ellucian Ethos, visit https://esmsolutions.com/ellucian/ or contact us today at info@esmsolutions.com

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