free up considerable time so that each department can spend more time managing other work and projects. assist in controlling processes is currently carried out using various systems transparency of the Tender/ordering process electronic storage of documents and associated filing. better Contract management opportunities greater visibility of Contracts (including renewal dates) ability to assess supplier performance regularly reduction in ordering and payment costs, bringing about transactional savings and a paperless process data recording and analysis spend and supplier analysis There are a number of benefits of other arising out of establishing an eTendering portal including. Smaller businesses (SMEs) will benefit from what will be a user friendly system and will be encouraged to use the system through the web, thus reducing their own costs. In keeping with the Glover Report. greater control over the use of collaborative or corporate spending, Contract arrangements, eliminating rogue and maverick spending. improved management information on and suppliers will be available to assist the University in planning future procurement activity, allocation of resources and in sourcing. subsequent reductions in the costs of goods and services will arise, contributing to the Annual Efficiency Statement Targets. improved IT literacy for staff involved in electronic processing bringing about improved efficiency. evidence of being well managed - the University can benefit from any kudos associated with this progressive approach. There have been a number of different definitions of potential savings arising out of eProcurement. A commonly accepted cost comparison used by The Office of Government and Council (OGC) in their Value for Money (VFM) Improvement Programme accepts that the creation of eSystems will contribute to potential cost savings. 4.4 Purchasing Cards The NatWest Purchasing Card is a corporate credit card that assists the University to better manage business expenses. The card is 'VISA' badged and can be used in outlets worldwide, including approximately 460,000 outlets in the . The card can be used to pay for goods and services of low value, conference and seminar fees, accommodation charges, vehicle hire and other travel expenses and for goods bought from approved University suppliers. Staff using these cards cannot obtain cash.
free up considerable time so that each department can spend more time managing other work and projects. assist in controlling processes is currently carried out using various systems transparency of the Tender/ordering process electronic storage of documents and associated filing. better Contract management opportunities greater visibility of Contracts (including renewal dates) ability to assess supplier performance regularly reduction in ordering and payment costs, bringing about transactional savings and a paperless process data recording and analysis spend and supplier analysis There are a number of benefits of other arising out of establishing an eTendering portal including. Smaller businesses (SMEs) will benefit from what will be a user friendly system and will be encouraged to use the system through the web, thus reducing their own costs. In keeping with the Glover Report. greater control over the use of collaborative or corporate spending, Contract arrangements, eliminating rogue and maverick spending. improved management information on and suppliers will be available to assist the University in planning future procurement activity, allocation of resources and in sourcing. subsequent reductions in the costs of goods and services will arise, contributing to the Annual Efficiency Statement Targets. improved IT literacy for staff involved in electronic processing bringing about improved efficiency. evidence of being well managed - the University can benefit from any kudos associated with this progressive approach. There have been a number of different definitions of potential savings arising out of eProcurement. A commonly accepted cost comparison used by The Office of Government and Council (OGC) in their Value for Money (VFM) Improvement Programme accepts that the creation of eSystems will contribute to potential cost savings. 4.4 Purchasing Cards The NatWest Purchasing Card is a corporate credit card that assists the University to better manage business expenses. The card is 'VISA' badged and can be used in outlets worldwide, including approximately 460,000 outlets in the . The card can be used to pay for goods and services of low value, conference and seminar fees, accommodation charges, vehicle hire and other travel expenses and for goods bought from approved University suppliers. Staff using these cards cannot obtain cash.
UoEManualJuly2011-1.docx