RESEARCH TRIANGLE PARK, N.C., Jan. 24, 2017 /PRNewswire/ -- SciQuest, Inc., producers of the world's most powerful and comprehensive Source to Pay (S2P) solutions suite, announced today that Texas A&M University will implement SciQuest's procure-to-pay, sourcing and supplier management solutions on its main campus in College Station, as well as at its branch campuses at Galveston and Qatar and throughout its Health Science Center. They are currently using SciQuest's spend analytics tool.
With more than 66,000 students and annual research expenditures exceeding $866 million, Texas A&M is one of the largest and most diversified universities in the nation. It includes 16 colleges and schools and two branch campuses.
"SciQuest provided us with a compelling alternative to the procurement system that we had been using. Their spend management suite will reduce cycle times, improve supplier relationships, streamline sourcing processes all while increasing visibility into spend," says Rex Janne of Texas A&M.
"Texas A&M joins the many institutions that have selected SciQuest, and enabled us to become the number one spend management solution within higher education. We listen to our customers and apply their guidance to our industry intelligence, to deliver our comprehensive, market leading solutions," says Robert Bonavito, CEO of SciQuest.
SciQuest's powerful, comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. Our solutions suite is trusted by the world's largest higher education, commercial and life sciences companies that collectively form a network with billions of dollars in annual spend. SciQuest's SaaS based, Source to Pay solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of business needs, from sourcing to spend analysis, through contract management and AP. SciQuest has set the industry standard for the most adaptable, comprehensive, spend solutions suite. www.sciquest.com
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