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Our product modules offer everything you need for strategic procurement, from sourcing to settlement. Learn more.

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Procurement Assessment

Making procurement strategic for everyone

Complete Source-to-Settle Solution

Comprehensive source-to-settle eprocurement solution

Healthcare organizations seeking greater ROI from their procurement efforts have implemented technologies, such as Enterprise Resource Planning (ERP) systems such as Lawson and McKesson. While they have succeeded in automating some tasks, many have failed to bridge the gaps with key procurement processes that remain paper-based and labor-intensive. Automating procurement processes does shorten procurement cycles. However, the real benefits come from increasing spend with preferred suppliers and gaining visibility into spend across the entire enterprise.

SciQuest solution: Modular source-to-settle eprocurement

The SciQuest complete source-to-settle eprocurement solution enables customers to efficiently manage every aspect of the source-to-pay process, including sourcing, contract management, procurement, invoicing, and settlement. This solution unifies the e-shopping environment for all internal and external materials and services, and provides hundreds of hosted supplier catalogs at your fingertips. Now you can drive contract compliance and gain greater visibility into and control over spend.

For organizations currently employing a manual system, SciQuest's source-to-settle eprocurement solution consists of modules that automate every step of the procurement process. Each of these modules can be deployed together or separately. Combining these modules with robust supplier content gives organizations tailored solutions for strategic procurement.

Source-to-settle product modules:

The SciQuest complete source-to-settle eprocurement solution is ideal if your organization:

  • Employs a purely paper-based procurement process - from source to settlement.
  • Relies on a home-grown requisition system.
  • Currently uses no electronic procurement system.
  • Lacks adequate visibility into spending across the organization.
  • Suffers from "maverick spend," where users order items that are off contract, already in-house, or from non-preferred suppliers.
  • Finds supplier management time-consuming and resource-intensive.