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Life Sciences

Business benefits for pharmaceutical and biotech procurement

With a proven track record in life science eprocurement, SciQuest delivers a robust shopping platform for approved supplier goods and services, one-off specialty items, sophisticated scientific search functionality, integrated supplies management to enable your organization to focus on its mission.


Enable robust supplier content

Supplier content can make or break a life science eprocurement system. SciQuest offers hosted and punch-out access to supplier catalogs through the SciQuest Supplier Network . Other categories include office, MRO, computer/IT, manufacturing, publications, food service and more. So users will have access to all your scientific products and supplies, including chemicals and reagents.  You can also enable pricing, local inventory and any non-network suppliers with our supplier enablement tools and services.

Increase contract compliance

By combining corporate purchasing agreements with our familiar online shopping experience, SciQuest can improve contract compliance. Now you can draw attention to your preferred suppliers and best buys. End users can quickly find scientific content through sophisticated scientific product search. Plus, tools such as side-by-side product comparisons and real-time price and availability aid in their decision-making.

Automate procurement processes

Shorten order processing cycles by automating procurement functions from requisition to settlement. With SciQuest, you can originate and route requisitions, place and track orders with suppliers, update order status — all electronically.

Expedite reconciliation

Reconciling invoices against purchase orders and receiving documentation can also be handled more efficiently with SciQuest’s procurement automation. Your Receiving staff can electronically link the received goods and services to the original orders. Accounts Payable can reconcile suppliers’ invoices with the respective receipts or orders. Enabling einvoices is another option to save time and money. Once you streamline the settlement process, you can take advantage of early payment discounts.

Identify new savings opportunities

To recognize opportunities for cost savings, it is crucial to analyze your enterprise spending patterns at the supplier, commodity and requisitioner levels. It also helps keep an eye on user and supplier compliance. Every SciQuest solution offers spend analytics reports, including line-item data, so you’ll have unsurpassed visibility into enterprise-wide spending.