February 2015 Procurement News

Valencia Implements RevenueVision Software to Enhance Operational Efficiency

revenue-vision-270wOn Friday, December 19, 2014, Valencia College implemented Solution Design Group’s (SDG) RevenueVision program for contract and revenue management. This new system will help optimize Valencia’s contract management and compliance efforts, maximize revenues and improve its operational efficiency.

“Valencia is very excited that we have subscribed to RevenueVision for contract management,” stated Sherri Dixon, assistant vice president, Budget and Auxiliary Services at Valencia. RevenueVision will allow the College to be more effective and efficient in our contract management processes and procedures across all departments. Our initial goal was tracking of revenue contracts and payments. However, since our initial conversation with SDG, we found that we could use the system to track all contracts at the College with every department being able to view the contracts. RevenueVision has given Valencia the ability to be transparent with all of its contracts.”

“We are extremely pleased that Valencia College has joined the RevenueVision family of subscribers,” stated SDG President and CEO, Tom Strange, “As one of the largest and most respected community colleges in the nation, Valencia College is a welcome addition to our ever-expanding portfolio of colleges and universities. Valencia’s selection of RevenueVision is a testament to our commitment to provide the best possible solutions for both four-year and two-year institutions.”

RevenueVision is a Web-based “software as a service” solution that has been designed and developed specifically for the higher education community to optimize the management of auxiliary enterprise relationships. It allows colleges and universities to proactively track sales, revenues and expenses from each contract or self-operated facility in such a manner that allows them to maximize revenues.

Leave a Reply

Your email address will not be published.