RESEARCH TRIANGLE PARK, N.C. – SciQuest is partnering with a settlement network provider to expand the capabilities of its on-demand procurement and management solutions.

SciQuest will work with Xign Corporation, which is based in Pleasanton, Calif., in order to add on-demand electronic settlement to its e-procurement suite.

“SciQuest recognizes the tremendous untapped value from the electronic settlement portion of the supply chain process,” said Steve Wiehe, SciQuest’s chief executive officer. “This partnership automates that last mile of an organization’s supply chain, effectively creating an end-to-end suite and maximizing cost savings all across an organization’s supply chain.”