Publish Date : 04-Aug-2016
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, SciQuests 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 SciQuests platform continues to build upon its fully integrated source-to-settle product suite and includes the following:
All-new Portfolio Savings Manager, SciQuests latest product, is now available and is the industrys 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 SciQuests source-to-settle spend automation suite is now available. Additionally, attendees of SciQuests 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.
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