7 Economic Benefit Model™ Strategies That Maximize Procurement Cost Savings

Budget pressures in education have never been greater. With enrollment declines, frozen budgets, and increasing compliance demands, procurement teams are expected to deliver more value with fewer resources. Every dollar matters, and every sourcing decision carries strategic weight. That’s where the E&I Economic Benefit Model™ (EBM) comes in. Built specifically for education, this model helps […]

How to Calculate and Measure Procurement Cost Savings Using the E&I Economic Benefit Model™

Procurement teams are increasingly expected to demonstrate the tangible value they deliver to their institutions. It’s not enough to secure a lower price. The real impact is in quantifying how sourcing decisions strengthen financial stewardship, reduce risk, and improve overall institutional performance. The E&I Economic Benefit Model™ (EBM) offers a measurable advantage. It’s a data-driven […]

Higher Education Procurement: How the Economic Benefit Model™ Increases Campus Cost Savings

The 2025 Annual Higher Education Outlook report from Forvis Mazars and NC State University’s Poole College of Management revealed a striking reality: successful institutions today typically maintain an operational net income of just 2% of total revenue. That’s a razor-thin margin and emphasizes just how critical it is for procurement teams when making sourcing and […]

The Complete Guide to Selecting Educational Procurement Software

Education procurement software is key to becoming proactive when it comes to finding cost savings and managing your workflow. Depending on the level of process automation and AI tools you have in place, you can see significant cost reductions. For example, a 2025 analysis shows that building a comprehensive cost-reduction strategy with the right tool […]

2025 Digital Procurement Trends Every Higher Ed Leader Should Know

The pace of change in technology today is staggering. It seems like we’re reading about breakthroughs in AI almost every day. These changes impact the way entire industries think about their workforce and workflow, and how they can apply these lessons to streamline operations and reduce costs. In procurement, technology trends go well beyond just […]