SciQuest, Inc., founded in 1995, provides of cloud-based spend management business solutions, offering experience and knowledge as well as a customer-driven portfolio. The company’s platforms allow for larger visibility and business-wide compliance to assist leadership with gaining control, optimizing efficiencies, and spending reduction. SciQuest’s cloud-based solutions can be implemented with ease and are recognized for delivering justifiable value with the company’s support, analysis, and automation.
The company is ranked number 312 on the 2013 Software 500, reporting $66.470 million in revenue for the measurement year and a 24.38 percent growth rate from the previous year.
The company recently upgraded its spend management suite to continue offering businesses and their partners a streamlined affective spend management system.
SciQuest Spend Management Suite Updates
Last Summer, SciQuest, Inc. announced the launch of the next version of its spend management suite. Keeping with the company’s dedication to supply user-friendly solutions, the updates release includes advances to the SciQuest Supplier Network, which upgrades user experience and speed for both customers and suppliers to do business. With the new version, customers now have one central place to pool resources with suppliers, creating a quicker and more proficient supplier operations. Additional updates to the suite include enhanced invoice management capabilities.
“We understand that consumer-oriented technologies and services have changed our customers’ and suppliers’ expectations for both user experience and the speed at which technology should help them get their jobs done. Our commitment is to meet these expectations through our solutions. By extending the user interface enhancements to our supplier network, SciQuest is helping to bridge the gap between customers and suppliers, leading to better, faster collaboration. We will continue to listen to our customers and deliver enhancements that exceed their expectations by delivering products with the depth and breadth for sustained contributions to their bottom line,” says Mark Digman, Vice President, Product Marketing and Strategy for SciQuest.
The suite’s newest version offers an Enhanced SciQuest Supplier Network, a rejuvenated user interface for suppliers, which also includes customer-friendly tools and features similar to social networking Web sites. Additional advancements to the Supplier Network include an individual self-service portal for suppliers to access all their SciQuest customers and perform key tasks and activities like onboarding, an individual central location for supplier interaction with customers, leading to less time spent on supplier inquiries and improved supplier location, and free access for suppliers to the SciQuest Supplier Network, which allows access to all SciQuest customers so they can perform self-service needs such as managing customer profile information, changing purchase orders to invoices, and sending messages to customers on invoices.
The enhancements to the Supplier Network provide efficient supplier operations that allow suppliers to review the status of and upload invoices, saving time and money, enhanced network abilities for punch-out catalog testing, the uploading and updating of catalogs for improved workflows, and the company’s customers may now provide one-of-a-kind exclusive portals to suppliers for anytime access, creating more transparency for both suppliers and customers, and reducing supplier call volume to customers.
Additional advancements include Improved Invoice Management, which includes enhancements to invoice management capabilities, including dashboard enhancements for Settlement Manager and AP Director customers with a central site for searches, invoice creation, and identification of expiring invoices.
With these upgrades to their spend management suite, program users will also experience quick and proficient invoice processing, a lowered call volume regarding supplier issues, a more precise capturing of early payment incentives, the avoidance of late payment penalties, increasing income, and mechanized e-invoice creation.
A New Level for Supplier and Customer Relationships
With centralized sites, easily accessible portals, and streamlined invoice and billing functions the advancements to the SciQuest spend management suite brings a new level of ease to supplier and customer relationships. SW
Feb2014, Software Magazine
