Research Institutions

Business benefits for research institutions

SciQuest delivers eprocurement solutions tailored to the research institution's needs. Now you can direct users to shop electronically from approved suppliers, helping your enterprise to maximize research funding and deliver results.

Provide rich supplier content

To achieve your goals of user adoption, purchasing efficiency and spend visibility requires a critical mass of content. With SciQuest, you have access to multi-commodity supplier catalogs, available in hosted and punch-out formats. The SciQuest Supplier Network includes a wide variety of categories: scientific, publications, manufacturing, office, MRO, computer/IT, food service and more. Want to update pricing or add suppliers? SciQuest's supplier enablement tools and services make it easy to enable new pricing, local inventory and suppliers.

Keep users on-contract

Procurement systems often aim to change the way employees buy. But with SciQuest, you can influence their actual purchases. We integrate your corporate purchasing agreements into an online consumer shopping experience that users are already familiar with - which supports contract compliance. Your procurement professionals can feature preferred suppliers and discounts. End users will appreciate the powerful search capability, specific product information and decision-making tools like product comparisons and real-time availability and pricing.

Make the process electronic

Automating your procurement processes can reduce the order processing cycles and enhance customer service. Imagine creating requisitions - and getting approvals - electronically. Place and track orders with suppliers right from your computer. Send order status updates with a keystroke.

Reconcile invoices more efficiently

When Receiving and Accounts Payable can match up receipts and invoices electronically, settlement goes much faster. Electronic invoicing takes the reconciliation process a step further toward maximum efficiency. And with a streamlined settlement process, you can take advantage of early payment discounts.

Capitalize on cost-savings

The more you can understand your enterprise spending patterns, the greater opportunity you have for identifying new ways to reduce costs. Analyze your spending - at the supplier, commodity and requisitioner levels - to find those opportunities and to verify user and supplier compliance. Our Business Intelligence reports provide the data you need right down to the line item, for greater visibility into enterprise spend.