eBITS partnered with Procurement and Payment Services (PPS) to better capture procurement savings realized through the practice of asking vendors to provide their Best and Final Offer (BAFO) during the procurement process. The update included adding two optional fields to *DEFINE PB3 and PB4 documents, as well as the Vendor tab for all Purchase Order types. The BAFO Amount field captures the dollar amount saved, and the BAFO notes field captures additional information, including method of contact, vendor response, and dates.
Offices taking advantage of the new fields can review BAFO data in the Orders by Purchasing Center report. The project sought to encourage purchasing offices across campus to take advantage of BAFO by making it easier for offices to track BAFO savings.
About eBITS
Enterprise Business IT Solutions (eBITS) is a unified, enterprise-focused business IT organization that partners with central business offices and stakeholders across the university to leverage a sole point of contact for enterprise systems, data, support and services. Learn more
Core Strategies
- Reduce administrative burdens
- Enhance information availability
- Reduce technology-related risk
- Provide UX informed interfaces
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Contact Information
Email:
ebits@austin.utexas.edu
Campus Mail Code:
G9899