Basware & Sciquest Announce Product Upgrades

Two leading Spend Management companies have recently announced the latest upgrades to their products in an increasingly competitive market.

Basware announced the release of its cloud eProcurement solution suite, from recently acquired Verian.

This new version, developed based on customer surveys and feedback, incorporates advanced features and functionality to provide superior collaboration, efficiency and time savings as well as convenience for users.

“Our customers are continuously working to empower their staff with a self-managing system that automates key tasks and delivers greater efficiency and improved cash flow,” said Tehseen Dahya, general manager, North America, Basware. “The new release of the Verian eProcurement solution suite helps organizations further these goals by enabling end-users, procurement teams and accounts payable staff to more easily and efficiently work together as they create and process orders for goods and services regardless of their location. It also enables organizations to achieve greater accuracy and productivity in their purchasing and finance operations and ultimately cut costs through increased visibility into spend.”

More details are available from this article on Payment Week.

Meanwhile Sciquest announced the latest platform upgrades to its source-to-settle suite, including significant mobile app upgrades enabling easier on-the-go shopping. With the updates, procurement teams will be able to increase visibility and control over spend though improved workflow functionality, enhanced reporting options and streamlined processes between modules.

BusinessWire offered further details:

Most notably, SciQuest is the first and only spend automation provider to deliver mobile shopping via punch-out catalogs, providing customers with the flexibility to shop anytime, anywhere, from any place. With the addition of mobile punch-out catalog purchasing, SciQuest’s mobile app offers the most complete mobile procurement experience available on the market, accommodating options to shop through hosted catalogs, contract forms and now, punch-out sites. Additionally, SciQuest is the only company delivering complex search capabilities, providing maximum flexibility for customers to select the shopping experience that makes sense for the specific supplier and item.

You can read more here: http://www.businesswire.com/news/home/20160802006063/en/SciQuest-Increases-Spend-Management-Efficiency-Latest-Source-to-Settle