SciQuest » Open Kitchen

Public sector’s challenges with procurement automation

Mark Digman — Tue, 21 May 2013 20:27:52 +0000

Change is hard. But the ability to lead change is perhaps even more difficult. I recently wrote a guest blog post for Spend Matters discussing the cost of resisting change when it comes to the procurement processes of some public sector entities. Recent procurement struggles in the City of New Orleans [...]

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When it Comes to Spend Management Processes, Less is More

Mark Digman — Wed, 08 May 2013 18:46:25 +0000

The process involved with spend management is largely a manual operation within most organizations. In an effort to drive increased value from their supplier network, CPOs are placing additional pressure on them to return short-term gains, sacrificing long-term profit, and relationships, in the process. Research from industry analysts says that as much as 2-5% of [...]

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DigiKnow? Go Paperless with the Digital Mailroom

Bill Bordogna — Mon, 06 May 2013 14:18:34 +0000

There has been a lot of talk around the new user interface launched in our last release. We love it. And, more important, our customers love it. However, there was more going on than just all that interface awesomeness. We are just as excited as the new functionality released with the new Digital Mailroom [...]

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Yes You Can with Accounts Payable

Robin Dunaway — Thu, 02 May 2013 14:16:08 +0000

When I joined SciQuest in 2006, the world of accounts payable, or settlement, did not look the same as it does today. Many organizations viewed AP as a “basic” business need involving manual, paper-based processes. Years later we are years beyond. We have seen the area of AP transform into a center of savings and [...]

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When $300M Is Just a Drop in the Bucket

Jason Liner — Wed, 24 Apr 2013 18:36:53 +0000

Recently, the US General Services Administration made waves in the procurement world when acting Administrator Daniel Tangherlini said that the federal government has saved more than $300 million with a federal strategic sourcing program. Now don’t get me wrong – $300 million is a LOT of money. And, I’m very happy to see federal [...]

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What Does Big Data Mean to You?

Michelle Perkins — Wed, 17 Apr 2013 20:30:56 +0000

Big data is big news these days. It seems everywhere you turn there are discussions about big data and the strategies organizations are using to manage it. But what exactly IS big data, and what does it mean for your organization? At our annual NextLevel conference earlier this year, we had the opportunity to sit [...]

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Risk Management and Compliance Starts with Knowing Your Data

Brian Daniels — Thu, 11 Apr 2013 18:30:07 +0000

New regulations put into place over the past few years — from regulation for companies handling materials in life sciences, to the Food Safety Modernization Act, to Dodd-Frank — is more of a top-of-mind concern among CFO’s than any time in recent memory. This was called out most recently in CFO Insight, which covered [...]

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Chemical Inventory Management with Biogen Idec

Michelle Perkins — Wed, 10 Apr 2013 19:26:46 +0000

Biogen Idec was one of the world’s first biotechnology companies, and today is the oldest independent biotech firm in the world. The company’s innovative research and development has led to the discovery of therapies for serious diseases, yet managing the materials necessary for these discoveries is a complex and often time-consuming process. In this video, [...]

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Faster. Easier. Cheaper. A Vision for Higher Education Purchasing & Accounts Payable

Theresa Burt — Tue, 09 Apr 2013 17:34:52 +0000

Today, SciQuest is joining approximately 8,500 participants from 2,400 higher education institutions around the world at the Ellucian Live Conference in Philadelphia. SciQuest customer, Temple University, is co-presenting a planning and strategy session with us at the conference. We’re pleased to welcome to The Open Kitchen guest blogger, Theresa Burt, director of purchasing [...]

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Go With the Flow – What’s Hot Now in Workflow

Andy Higgins — Thu, 04 Apr 2013 13:36:41 +0000

Good workflow is a lot like good wine. It should be clean and smooth. Robust but not too aggressive. Balanced with just a touch of finesse. But unlike a good Domaine Romanée-Conti, your workflow really doesn’t get better with age. This is why we are constantly looking at ways to sweeten [...]

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