City Of Raleigh Selects “Source-to-Settle” Leader SciQuest For Spend Oversight And Marketplace Technology

SciQuest, Inc., (NASDAQ: SQI) a leading provider of on-demand strategic procurement and supplier management solutions, announced today that the City of Raleigh, North Carolina, has chosen SciQuest’s source-to-settle procurement technology. Raleigh, the capital of North Carolina, is one of the fastest growing areas in the country. The city offers top educational institutions, outstanding health care facilities and features a growing population.

“By integrating SciQuest with our existing ERP system, we will be able to enhance the overall purchasing process, helping to save the tax payers of Raleigh a significant amount of money,” said Perry James, chief financial officer of the City of Raleigh. “The capacity to automate supplier registration and on-boarding to support accounts payable will free the city’s financial professionals from time-consuming administrative work and enable them to focus on strategic budget planning.”

“SciQuest is pleased to support our neighbor, the city of Raleigh, in its journey toward financial transparency and supply chain excellence,” said Steve Wiehe, president and CEO of SciQuest. “As part of the larger community, we are looking forward to being the City’s trusted partner in spend management and oversight.”

About SciQuest

SciQuest (NASDAQ: SQI) is a leading provider of an integrated, web-based end-to-end eProcurement solution that enables users to realize significant efficiencies and savings on their purchases of indirect goods and services. SciQuest’s unique industry segment expertise and innovative “source-to-settle” approach to eProcurement enables Fortune 1000 companies and organizations in the higher education, life sciences, healthcare and public sector markets, as well as other industries, to identify savings opportunities they may otherwise have missed, while improving contract management, compliance and supplier management. SciQuest’s solutions help customers turn spending into a source of savings. Join the conversation on our blog, The Open Kitchen—

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