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JAGGAER’s New Budget Manager Puts Spend in Context for Multiple Enterprise Business Units

May 16, 2019

RESEARCH TRIANGLE PARK, N.C., May 16, 2019 (GLOBE NEWSWIRE) -- JAGGAER, the world’s largest independent spend management company, today announces the release of Budget Manager on the SaaS, cloud based JAGGAER ONE platform, as part of the Procure-to-Pay solution suite. Budget Manager is fully integrated with JAGGAER’s simplified, user friendly business shopping experience to manage and place all business spend in context, across the enterprise, addressing the issue of siloed spend at multiple business units.

“As part of the optimized JAGGAER ONE platform, designed to simplify the procurement process and ERP asynchronous communication, the advanced Budget Manager facilitates budget validation and management in real time, from transaction inception to the final delivery of an order to a supplier. This improves the efficiency of the network, workflow and the overall transaction cycle time and order delivery management,” says Zia Zahiri, CTO of JAGGAER. JAGGAER ONE Budget Manager selected features:

-- Create and approve budgets across a variety of levels (by business unit, department, location, team, project, etc.). -- Manage Purchase Requests, Purchase Orders, and Invoices against available budget. -- Track budgets and spend against budgets by time period and account code strings. -- Notifications and workflows when spend approaches or exceeds budget limits.

Budget Manager provides organizations with an additional level of accountability and reporting that delivers real-time financial control and compliance for purchasing activities. It enables organizations, business units, and other teams to better manage spend against budgets by tracking spending against approved budgets, including historical spend, current spend to date, and committed spend (executed but un-invoiced POs). Budget Manager is now available as a new feature introduced in the JAGGAER 19.1 product release. JAGGAER’s REV2019 happens October 1-3, 2019 at the Sheraton San Diego Hotel and Marina in San Diego, CA. REV2019’s central theme is “Educate – Innovate – Accelerate,” and is an expression of the company’s vision of enabling customers to achieve their business goals through effective application of tools designed to simplify procurement for any enterprise. For more information on REV2019 About JAGGAER: Global Spend Management SolutionsJAGGAER is the world’s largest independent spend management company, with over 2,000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia and the Middle East. JAGGAER ONE offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 37 patents–more than any other spend management company. www.JAGGAER.com

MEDIA CONTACT: Steve Lundin Stevenjlundin@bigfrontier.com 312-602-2434