Streamlining Sourcing and Procurement
In the rapidly evolving landscape of education and its governance, institutions are constantly seeking efficient ways to source goods and services. One solution that has emerged is Education Resource Options (ERO), a platform that simplifies the sourcing process and addresses key challenges faced by schools.
A recent survey by Alii - Accounts Payable & P2P Automation revealed two main issues facing schools: the time-consuming nature of researching technology options and the lack of technological infrastructure. ERO was pleased to participate in this survey, which has energized its team to approach all schools with a proven solution to these problems.
ERO is easily accessible through a simple registration at their website. It offers a customized sourcing platform that includes both your own providers and ERO providers. This platform saves time and money by simplifying sourcing.
In the Alii 2023 survey, manual data entry processes were noted as significant security concerns by 35% of IT and Finance Managers. ERO can help eliminate these concerns. By automating manual data entry, ERO reduces errors, increases efficiency, and improves accuracy. This leads to cost savings and a more streamlined sourcing/procurement process.
ERO is more than just a sourcing platform. It helps institutions locate a curated list of suppliers of goods and services efficiently. When combined with other reliable procurement tools such as Alii, Esker, or SAP, ERO can streamline the entire procurement process from sourcing to quote acceptance to payment.
ERO is particularly beneficial for institutions looking to transform their education business systems with evidence-based practices, digital technology, and evolving workforce practices. By curating a network of reliable suppliers, ERO saves institutions time and money in their procurement processes; Recently a school in Western Australia needed a second-hand school bus. ERO quickly located a supplier with two buses available. Although neither bus met the school’s needs, the search revealed a shortage of used bus supplies across Australia due to mining companies absorbing stock quickly. This insight saved the school’s business manager days of fruitless searching, demonstrating how ERO streamlines sourcing processes and helps institutions achieve their goals more efficiently.
ERO is an essential sourcing tool for institutions looking to transform their education business systems. It also offers a Circular Economy component that enables you to trade your old furniture and equipment to other schools or businesses. By leveraging the benefits of ERO, institutions can take the first steps towards building a more agile and resilient sourcing process for the future.