TCC implemented the sciQuest HigherMarkets Express eProcurement system in January, 2010 to automate the purchasing process. The system allows TCC to increase the level of contract spend through access to electronic catalogs, which contain contract pricing. In addition to the savings that have been realized, the system also streamlines workflow and processing of transactions. Approximately 80% of all purchase orders are now completed in a day or less.
In October, 2012, TCC implemented the sciQuest Settlement Manager module to automate the accounts payable process. In addition to streamlining payment approval processes, the module has provided TCC with the ability to receive electronic invoices from a number of our vendors.