Education
Corporation of America Improves Efficiency
with Ketera Procurement
Fast implementation Yields Immediate Savings in Key Categories
San Jose, Calif., Sept. 29, 2010 – Ketera Technologies, industry-leading provider of On Demand Spend Management solutions and the online Ketera Network™ business community, announced today the successful implementation of its renowned Procurement solution by the Education Corporation of America (ECA). Headquartered in Birmingham, Alabama, ECA operates many private accredited colleges across the United States and online, which serve thousands of students and produce an educated and skilled workforce through practical, real-world instruction.
“Within a month of implementation, we realized hard savings from Ketera Procurement,” said Piatt Gray, Director of Purchasing at ECA. “We met with one of our large vendors and were able to negotiate better pricing across an entire category based on new insights from the Ketera Procurement solution. My team finds it straightforward to use, which has made rollout to the first 300 users possible in less than 2 months. They really like that we no longer need those old paper records.”
In recent years, ECA has experienced rapid growth and expanded to over twenty locations from California to the Carolinas. As a result, their older, more manual methods of managing spend and supplier relationships became inefficient and difficult to scale. Needing to automate its procurement process, capture its knowledge base, and increase visibility into spend, ECA turned to Ketera Technologies for a solution. Ketera Procurement provides ECA with an easy to use, scalable spend management solution that has enabled ECA to gain crucial control of and visibility into its approval process and purchase orders in real-time to achieve greater corporate policy compliance. Ketera Spend Analysis offers far greater transparency into spending across the decentralized organization, highlighting top opportunities for greater savings.
“We’re pleased to be working with the team at ECA and are impressed with the commitment they’ve shown to drive this rapid success,” said Steve Savignano, Ketera CEO. “During periods of organizational growth, many companies struggle with procurement efficiency and visibility, masking significant savings opportunities. Our open platform Procurement and Spend Analysis solutions are tailored to overcome these difficulties for mid-sized businesses and large enterprises with industry leading price points, implementation timeframes, scalability, interoperability, and ease-of-use.”
