One of the trusted providers of cloud services is SciQuest. The company is a publicly traded company that provides business solutions for spends managing. Through the services offered by SciQuest, their partners are able to get a better hold on the reigns of their company. By automating this support, visibility and compliance throughout the organization is made easier to handle. In addition, companies that deploy the systems offered by the business are able to see an increase in their efficiency, while reducing their spending costs.
SciQuest is registered as a pure-play provider of cloud based business automation solutions. It supports the global market and provides products and services that greatly improve the finances of the entire venture. From analyzing its expenditures to ensuring that they have the right inventory, the offerings of SciQuest is able to ensure that the business is running smoothly. Its product offerings are categorized into several segments: Accounts Payable, Spend Analysis, Sourcing, Supplier Management, Contract Management, Inventory Management and eProcurement.
Competing against companies like Emptoris, Bravosolution, Oracle, GEP, Zycus, SAP and Ivalua, SciQuest continue to innovate and help companies manage their dealings with the help of the cloud technology. It remains dedicated to its tagline of “Turn Spending into Savings”. The expansion of its product offering is strongly attributed to the company’s acquisitions. Through the years, it has bought businesses that has expanded its product portfolio. It is now the owner and operator of Upside Software, Inc., CombineNet, Spend Radar LLC, and AECsoft, which were acquired between 2011 and 2013.