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TheStreet Open House

The Numbers Are In: SciQuest’s NextLevel 2012 Has Best Year Ever With 46 Percent Increase Over 2011 Attendance

SciQuest (NASDAQ: SQI), a leading provider of on-demand strategic procurement and supplier management solutions, thanked attendees for making NextLevel 2012 the most successful conference in SciQuest history with a 46 percent increase in attendance. This year's conference attracted attendees from more than 130 organizations across multiple industries. As an annual event that showcases the increasing influence of strategic purchasing, NextLevel highlights new technologies that deliver cost savings, margin enhancement and more astute risk management.

Winners of the Questie Awards, for customers taking their procurement and money saving strategies to the “next level,” were announced during the final evening event of the week. The 2012 Questies went to:

  • WSCA/NASPO, the Collaborative Purchasing Visionary – National
  • University of California Office of the President, the Collaborative Purchasing Visionary – School Systems
  • Emory University, the AP Trailblazer
  • Mercy/ROi, the Procurement Trendsetter of the Year
  • IBM, SciQuest Partner of the Year

Another highlight of NextLevel was the introduction of the Procurement Transformation Framework TM (PTF), a tool to help finance and procurement leaders develop, communicate and execute an effective and compelling vision for transforming the procurement function. Using the PTF, NextLevel attendees measured the maturity of their people, processes and technology and then collaborated with other procurement leaders on strategies to advance the procure-to-pay function at their organizations.

“NextLevel is quickly becoming the premier event for thought leadership around strategic spending and spend savings technology,” said Stephen Wiehe, president and CEO, SciQuest. “We strive to bring together our industry’s most technologically savvy, strategic thinkers to share and discuss how spend visibility, supplier management, accounts payable and spend analysis are all coming together to create more positive organizational outcomes from each supply chain management decision.”

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