Articles
SciQuest And SunGard Higher Education Expand Relationship To Help Serve Customers In The Middle East
January 17, 2012
SciQuest, Inc., (NASDAQ: SQI) a leading provider of on-demand strategic procurement and supplier management solutions, today announced that it has expanded its relationship with SunGard Higher Education to deliver SciQuest eProcurement solutions in the Middle East. SunGard Higher Education, a leading provider of software and services to higher education institutions worldwide, is now the sole reseller of SciQuest solutions in the Middle East, focusing on higher education institutions.
The SciQuest solution suite helps colleges, universities and schools of all sizes to automate and manage the purchasing process, including sourcing, shopping, requisitioning and accounts payable. With SciQuest, higher education organizations can also create multi-school procurement consortia, increasing purchasing and negotiating power with shared vendors.
SciQuest has been a member of SunGard Higher Education's Collaborative program since 2004. More than 50 of SunGard's higher education customers have selected SciQuest Higher Markets for their SunGard Higher Education Banner Finance systems as their eProcurement platform. SunGard also currently has a reseller relationship with SciQuest in the United States, Canada and the United Kingdom.
"SunGard Higher Education is committed to serving education in the Middle East," said Mathew Boice, vice president EMEA & India, SunGard Higher Education. "Our Collaborative network helps provide customers with more flexibility to build and extend their digital campus environments through expert services, improved integration and interoperability with SunGard Higher Education solutions. SciQuest is a valued Collaborative member that helps institutions gain insights into purchasing and further streamline the entire procurement process. We look forward to continuing our strong relationship to enable finance and purchasing departments to better serve their constituents within education institutions across the Middle East."
"This is an exciting opportunity to continue SciQuest's global expansion, bringing eProcurement to higher education institutions in the Middle East. With SciQuest, these institutions will be able to turn spending into a source of savings, reducing costs with every purchase as well as improving the quality of the users' experience," said Max Leisten, market director for higher education, SciQuest. "Our relationship with SunGard provides a seamless integration of our solutions, delivering an enhanced purchasing experience and helping create the optimal learning environment."
About SciQuest
SciQuest (NASDAQ: SQI) is a leading provider of an integrated, web-based end-to-end eProcurement solution that enables users to realize significant efficiencies and savings on their purchases of indirect goods and services. SciQuest's unique industry segment expertise and innovative "source-to-settle" approach to eProcurement enables Fortune 1000 companies and organizations in the higher education, life sciences, healthcare and public sector markets, as well as other industries, to identify savings opportunities they may otherwise have missed, while improving contract management, compliance and supplier management. SciQuest's solutions help customers turn spending into a source of savings. Join the conversation on our blog, The Open Kitchen— http://www.sciquest.com/blog.
SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners. For more information about SciQuest, please visit www.sciquest.com or call 888-638-7322 in the U.S. or +44 1794 341182 in Europe.
About SunGard Higher Education
SunGard Higher Education serves colleges, universities and foundations in 40 countries worldwide. Through its Open Digital Campus strategy, SunGard collaborates with the higher education community and provides software and services to help institutions find better ways to teach, learn, manage and connect. www.sungardhe.com
About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
Trademark information: SunGard, the SunGard logo and Banner are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.
Cautionary Note Regarding Forward-Looking Statements
Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the "Risk Factors" section of our Registration Statement on Form S-1 and other required reports, as filed with the SEC, which are available free of charge on the SEC's website at http://www.sec.gov or on our website at www.sciquest.com. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. These forward-looking statements speak only as of the date hereof, and we undertake no obligation to update, amend or clarify any forward-looking statement for any reason.
Copyright Business Wire 2012
