Education

The world of education is changing fast. Procurement is leading the way.

Whether due to economic uncertainty, changing political and regulatory environments, or even a global pandemic, Australia’s education sector has proven its resilience over many years.

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Education

In recent times, procurement professionals in education have had to redouble their efforts to ensure greatest value, reinvent their function as a business enabler and continue to deliver for stakeholders.

In a complex organisational environment where procurement is defined by a high degree of decentralisation, by major high-profile projects and by relentless oversight from funding bodies, VendorPanel helps school systems, universities and TAFEs to stay in control while letting buyers get on with the job.

Guided Buying

With always-on sourcing across so many school and university spend categories, VendorPanel’s powerful Guided Buying tool ensures buyers are using the right processes every time. Complex, decentralised sourcing environments such as these carry a high risk of loss if staff are unclear as to the right process to follow, and this can lead to increased spend and risk. VendorPanel’s highly configurable Guided Buying tool makes things clear - so staff can spend less time learning and more time running their departments.

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Sourcing

Whatever the product or service your school or university needs, control of sourcing from the right suppliers will get you the best outcome from your procurement decisions. VendorPanel was built to give visibility and control over the highly decentralised procurement that is typical in education services. Easy-to-use templates help your buyers to follow processes and make the best buying decisions, while allowing them to get on with the job.

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Supplier Management

Whether your goal is to reduce compliance risk, increase social value with your spend, or find the best value for money, VendorPanel has an array of supplier management tools to help you manage the suppliers who service your institution. With access to existing and new suppliers from a single place, buyers get better spend control to drive savings, mitigate risk by identifying compliant suppliers and make more informed decisions when awarding contracts.

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Contract Management

With so many moving pieces and high-value contracts in place, contract management becomes an integral part of best-practice, low-risk procurement. VendorPanel integrates easily with contract management solutions - and offers many add-ons to help ensure nothing is missed - making the transfer of sourcing data to contract efficient and error-free. Automation makes sure you stay on top of contract approvals, compliance and renewals, no matter how large or complex the structure of your educational body.

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Tafe gippsland

TAFE Gippsland achieves immediate cost avoidance benefits in local supplier sourcing

Read the TAFE Story

The numbers speak for themselves

9.74
%
cost savings
4.5
hrs
time savings per RFx
99.99
%
system uptime

We work with

Tafe gippsland block
Wa education block
Kangan block
Griffith block
Federatuion uni block
Uni new england block