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SciQuest Announces Ariba Migration Program

Stocks in this article: SQI

SciQuest, Inc., (NASDAQ: SQI) a provider of on-demand source-to-settle solutions, today announced the SciQuest Ariba Migration Program, which provides Ariba users with a full suite of products and services designed to help them accelerate movement to a true cloud-based source-to-settle solution. SAP’s recently announced intention to acquire Ariba does not seem to address Ariba customers’ strong and growing need to realize the benefits of 100-percent cloud-based computing. In fact, the SAP/Ariba arrangement appears to have increased the uncertainty and confusion among Ariba’s customer base about their roadmap to achieve this goal.

SciQuest is in a unique position to provide Ariba users with the products and services required to start an efficient and painless transition today. With Ariba’s slower adoption of cloud-based technologies, many Ariba customers are looking for solutions to migrate their entire source-to-settle process to the cloud. SciQuest provides an open, comprehensive solution that delivers best-in-class functionality from supplier information management, sourcing, contract lifecycle management, eProcurement and accounts payable. SciQuest’s solution integrates seamlessly with leading ERP systems, which can help Ariba users quickly and cost-effectively navigate technology implementations. Additionally, SciQuest’s focus on customer service, including dedicated and proactive client partner teams, ensures that customers are getting the most ROI from their solutions.

“SciQuest has a well-established lead in bringing cloud-based computing to this market,” said Stephen Wiehe, president and CEO of SciQuest. “With our new Ariba migration program, customers can realize several unique benefits that our solution provides: it’s 100 percent in the cloud, there are no supplier network fees, it’s a comprehensive full-suite source-to-settle solution, and it’s all backed by top-notch customer service. No other vendor can provide this combination of products, services and a no-fee active supplier network. With all the uncertainty about Ariba’s future product direction, we are confident that the rapid benefits of this program and certainty of our solution can greatly help Ariba customers.”

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