MORRISVILLE, N.C.--(BUSINESS WIRE)--SciQuest, a leading provider of spend management solutions delivering value beyond savings, today announced the latest platform upgrades to its source-to-settle suite, including significant mobile app upgrades enabling easier on-the-go shopping. With the updates, procurement teams will be able to increase visibility and control over spend though improved workflow functionality, enhanced reporting options and streamlined processes between modules.
Most notably, SciQuest is the first and only spend automation provider to deliver mobile shopping via punch-out catalogs, providing customers with the flexibility to shop anytime, anywhere, from any place. With the addition of mobile punch-out catalog purchasing, SciQuest’s mobile app offers the most complete mobile procurement experience available on the market, accommodating options to shop through hosted catalogs, contract forms and now, punch-out sites. Additionally, SciQuest is the only company delivering complex search capabilities, providing maximum flexibility for customers to select the shopping experience that makes sense for the specific supplier and item.
“Purchasing on punch-out catalogs is a ground-breaking offering for users and vendors alike,” said Brady Behrman, CEO at PunchOut2Go. “With this innovation, SciQuest has elevated mobile shopping to a fully functional option for users, helping ensure that companies receive the rates they are entitled to and that purchasing can be tracked without time delays.”
In addition to best-in-class mobile shopping and app enhancements, the latest version of SciQuest’s platform continues to build upon its fully integrated source-to-settle product suite and includes the following:
- All-new Portfolio Savings Manager, SciQuest’s latest product, is now available and is the industry’s first savings management solution to provide end-to-end visibility into all savings initiatives, allowing stakeholders at all organizational levels to identify, authorize, prioritize and execute initiatives.
- New built-in reports across the platform give executives, administrators and buyers additional real-time visibility into critical KPIs and other details.
- Tighter integration with invoicing, contracts and analytics streamline the process of gathering data, reconciling invoices and performing the spend analysis needed to understand where opportunities exist to create value.
“As key stakeholders in overall business success, procurement teams demand more insight into risk and return on investment in the supply chain,” said Deb Woods, SciQuest vice president of product management and strategy. “SciQuest continues to deliver innovative solutions to help these organizations optimize their business processes while better understanding their overall spend.”
The newest version of SciQuest’s source-to-settle spend automation suite is now available. Additionally, attendees of SciQuest’s Next Level 2016 conference will have the opportunity to dive deep into the new features and functions August 21-24 at the Gaylord Opryland Hotel in Nashville, TN. For more information, please visit www.SciQuest.com.
About SciQuest
SciQuest is a leading provider of spend management solutions delivering value beyond savings. Through the continued release of key innovative technology and a fanatical drive toward making our customers successful, we deliver exceptional value in user experience, productivity and operational efficiency. Our cloud-based, mobile-enabled, source-to-settle platform addresses all stages of procurement from the automation of core processes to enabling sophisticated, strategic and multifaceted sourcing solutions. We specialize in handling simple procurement needs to the most advanced supplier and supply chain requirements. SciQuest serves a wide range of industries and organizations including many of the Global Fortune 500. For more information visit http://www.sciquest.com.
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