As part of their path to procurement excellence, the procurement team at Durham University selected web3 Source to Pay to help them cut costs, reduce paper processes and improve sustainability while also enhancing supplier relationships and gaining essential financial transparency.
With educational institutions in the public sector facing reduced budgets and research grants in line with the government’s deficit repair plans, it was essential that Durham University took a more strategic procurement approach and that’s where web3 came in, key benefits include:
- Meeting sustainability targets through removal of paper in procurement process
- 100% system user take-up
- Financial transparency and substantial cost savings
- Increased compliance
- Improved SRM
Find out more about Durham University’s success story in this exclusive case study.