The COVID-19 pandemic is challenging every aspect of operations in higher education and the public sector. And, it’s also serving as a catalyst for new business models and positive change.
It’s no surprise that organizations with flexible, cloud-based enterprise applications are better able to adapt to the shifting conditions and respond to the needs of their workforce and constituencies. So, how can organizations start moving toward adopting cloud-based finance, human resources, planning, and student technology without expending unnecessary time and resources? Cooperation is key. Specifically, cooperative purchasing agreements and group contract vehicles can pave the way.
Supporting a New Path for Procurement
Higher education and public sector procurement officers have been using purchasing vehicles for goods and services for decades. This trusted method of procurement ranges from state-specific contracts to membership-based consortium agreements. But, it wasn’t until recently that these entities were offered this procurement path for enterprise administration solutions delivered via Software as a Service (SaaS).
Today, there’s a rapid rise in the use of cooperative contracts for SaaS enterprise solutions and services. Why? Simply put, it saves time and money.
Improving Efficiency With Cooperative Contracts
With shrinking budgets, procurement staff are already overloaded with lengthy request for proposal
The post How Cooperative Purchasing of Cloud Solutions Supports Higher Education and the Public Sector appeared first on HR Tech Feed.