Penn Earns the Aberdeen Group's "Best Practices in eProcurement" Award

Tuesday, January 3, 2006

The University of Pennsylvania has a best-in-class eProcurement program, according to the Aberdeen Group.

The Aberdeen Group awarded Penn its "Best Practice in eProcurement" (see Aberdeen Group Case Study), one of a number of procurement related accolades Purchasing Services has received, in collaboration with the Office of the Comptroller and Information Systems and Computing, for its successful BEN Buys and the Penn Marketplace procurement solution. Penn's eProcurement solution, a partnership with Oracle and SciQuest Incorporated, has significantly streamlined internal procure-to-pay processes and reduced costs for products and services as part of its supply chain initiatives.

Penn is the only higher education institution award winner based on Aberdeen's evaluation.