Blog

SciQuest Blog


Stay informed, sign up to receive blog updates

Sign Up for Monthly Updates

SciQuest 16.3 Advances Collaboration and Visibility with Adaptive Event Management

Kevin Bonsor - November 15th, 2016

Customers continue to tell us that collaboration is among their biggest keys to success, whether that be collaboration with internal stakeholders or collaboration with their suppliers. And, we know that CPOs are demanding greater collaboration across the board as a way to generate more value from their business.

SciQuest has responded to this growing need by releasing our new Adaptive Event Management technology, the cornerstone of the new SciQuest 16.3 release. So, what is Adaptive Event Management? Simply put, it allows suppliers to adjust their bids on the fly based on real-time feedback from buyers.

SciQuest 16.3 also delivers compliance and visibility solutions to answer the needs of global buyers and suppliers.

  • Global e-invoicing compliance is enhanced with the addition of TrustWeaver, which maintains the integrity of eInvoices for local government VAT and sales tax.
  • A new contract service management provides greater visibility and control of contracts and reporting for better decision-making.

As our new CTO Zia Zahari said “16.3 represents the first step in realizing our new vision for the company, which began with wrapping developments around customer needs.”

Collaboration, visibility and compliance are among the primary concerns that our customers are talking about, and we have responded with valuable new capabilities that will speed decision making and drive greater efficiencies.

Learn more about the latest SciQuest release.