This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SciQuest Improves Transparency And Visibility Into Spend Automation Processes With Upgraded Solution Suite

CARY, N.C., Nov. 5, 2013 (GLOBE NEWSWIRE) -- SciQuest, Inc. (Nasdaq:SQI), a leading provider of cloud-based business automation solutions for spend management, today announced the newest version of the company's spend management suite. The release includes significant upgrades to reporting capabilities, particularly for procurement and accounts payable (AP) analysis. As a result, users will gain greater insight into critical spend management processes while improving their ability to benefit from early payment discounts and avoid late payment penalties.

"This latest release to our spend management suite continues our focus on the user experience while providing significant enhancements based on customer feedback," said Mark Digman, Vice President, Product Marketing and Strategy at SciQuest. "We know that usability, reporting and analysis are key drivers for investing in and getting value from spend management technologies. With this release we are giving SciQuest users more detail than ever before, by providing an unparalleled ability to drill down into and analyze AP and procurement processes and data."

Enhanced reporting capabilities will help make it easier for users to analyze and execute on early payment discounts and avoid late payments, along with many other critical AP insights. The newest release includes several additional upgrades, including:
  • A new Spend Dashboard for eProcurement reporting, providing clarity and visibility into procurement, including overall trends, supplier spend and catalog vs. non-catalog spend;
  • Enhanced user interface control capabilities, allowing for flexibility in controlling the UI experience, including added positions for important organizational messages;
  • The only system to offer non-PO invoice integration with Banner by Ellucian, keeping SciQuest at the leading edge of Banner integration;
  • A new hosted, single-tenant version of SciQuest's Enterprise Reagent Manager (ERM) solution, allowing customers to meet regulatory compliance in chemical procurement, inventory and management without costly IT infrastructure requirements.

The new version of SciQuest's spend management suite is available immediately. For more information, please visit .

About SciQuest

SciQuest (Nasdaq:SQI) is the largest publicly held pure-play provider of cloud-based business automation solutions for spend management – offering deep domain knowledge and a leading, customer-driven portfolio. SciQuest solutions enable greater visibility and compliance organization-wide to help you gain control, optimize efficiencies and reduce spend. These cloud-based solutions are easier to implement and proven to deliver measurable, sustainable value with SciQuest's high-touch support, analysis and automation. Learn more about our solutions and how we can help your organization turn spending into savings at .

To join the conversation, please visit our blog, The Open Kitchen at – or follow us on Twitter @SciQuest.

Cautionary Note Regarding Forward-Looking Statements

Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks are discussed in "Part I, Item 1A, Risk Factors" and elsewhere in SciQuest's most recent Annual Report on Form 10-K and other reports, as filed with the United States Securities and Exchange Commission ("SEC"). The company's SEC reports are available free of charge on the SEC's website at or on the company's website at . These forward-looking statements speak only as of the date hereof, and SciQuest undertakes no obligation to update, amend or clarify any forward-looking statement for any reason. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.
CONTACT: SciQuest Media contact:
         SciQuest, Inc.
         Michelle Perkins, 919-659-2228
         fama PR for SciQuest
         Dan Gaffney, 617-986-5036
         SciQuest Investor contact:
         SciQuest, Inc.
         Jamie Andelman, 919-659-2322

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs