Local Tech Wire

CARY, N.C. – Duke University is the latest institution to sign on for e-procurement services from

Financial terms weren’t disclosed.

SciQuest, which is privately held but seeking to return to public markets with a stock offering, provides software-as-a-service solutions for on-demand procurement and other services. Its client base includes universities and private companies worldwide.

“The selection of SciQuest stems from our longstanding commitment to provide our administrators, faculty members and researchers with every advantage possible,” said Jane Pleasants, assistant vice president, procurement and supply chain management, at Duke University, in a statement. “The transformation of our procurement practices and processes with SciQuest will enable us to extend the value of existing resources, while making it easier for members of the Duke community to attain the goods and services they need in their work.”

Duke users will access SciQuest’s virtual marketplace to purchase goods and services that will be integrated into the university’s SAP-based enterprise resource planning system.

Get the latest news alerts: at Twitter.