SciQuest is rolling out a new suite of e-procurement services packaged as part of its Contract Manager module.
The package is designed to integrate supplier contracts automatically as part of purchases.
“A centralized repository makes it easy to store, find and view contracts,” SciQuest said in a statement. “Through tight integration with SciQuest’s e-procurement tools, the solution provides seamless tracking, reporting and analysis capabilities.”
“Contract Manager is a response to our customers’ need to manage their contracts and meet regulatory reporting and compliance,” added Jamie Duke, chief operating officer for SciQuest. “Our position as the leading supplier management and procurement automation solution made Contract Manager a natural next step in response to the needs of the market. We have received a great response from our existing customer base, and expect to bring on more new customers who lead the industry trends in spend management.”