RESEARCH TRIANGLE PARK, N.C., Nov. 30, 2016 /PRNewswire/ -- SciQuest, Inc., a leading provider of spend management solutions, today announced SciQuest's inclusion in Forrester's November 2016 Vendor Landscape: ePurchasing Suites 2016-2017. In the report, Forrester found that SciQuest's ePurchasing suite has full functionality in seven out of eight product categories, and partial functionality in one category. Forrester defines ePurchasing vendors with broad suites as offerings that include eProcurement, eSourcing, contract life-cycle management (buy-side), spend analysis, AP eInvoicing, services procurement, supplier network, supplier risk and performance management.
"ePurchasing software supports more effective [business technology] operations," states the report. When discussing SciQuest later in the report, Forrester noted that "SciQuest assembles a competitive suite from best-of-breed acquisitions."
"I believe that the Forrester ePurchasing report identifies there is a trend of CIOs playing critical roles in deciding the technology that will meet different stakeholders requirements," said Robert Bonavito, CEO of SciQuest. "A full ePurchasing suite like SciQuest's will support companies current and future needs."
About SciQuest Inc.
Some of the largest Commercial, Manufacturing and Life Sciences companies in the world trust SciQuest with billions of dollars of annual spend. Additionally, SciQuest is the leading procure-to-pay provider in the Higher Education and Government sectors. SciQuest eprocurement and strategic sourcing customers across the globe have gained access to the best suppliers, with the best terms, on our scalable, configurable, user-friendly platform. Our SaaS-based, source-to-settle solution provides unparalleled visibility, insights and recommendations to procurement leaders and suppliers. The result is a fluid supply chain driven by powerful spend analysis, comprehensive contract management and efficient accounts payable solutions. Learn how our solutions can power your organization: www.sciquest.com.