Case Study: Cornell University achieves millions in procurement savings with Rocket Software

Cornell University Streamlines Procurement and Saves Millions of Dollars

Cornell University needed to modernize its legacy procurement software so it could control a $500 million annual purchasing budget, classify spending more accurately, and reduce costs without hurting research or teaching quality. The old system was too rigid and relied on a vendor “black box,” making it hard for Cornell to create custom filters and analyze spending quickly.

Rocket Software, through its Rocket® U2 MultiValue platform and partner Spend Viz, implemented a web-based procurement analytics solution that gave Cornell better visibility into spend, customizable classification rules, and real-time reporting without costly data warehousing. The result was an immediate $145,000 savings in the first year and more than $31 million in annual savings by 2015, while also enabling 500 users across campus to make more informed procurement decisions.

Cornell University

Tom Romantic

Cornell University