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SciQuest to Host Procurement Symposium for Government Executives

Posted on: Tuesday, 5 May 2009, 09:49 CDT

Now More Than Ever, Procurement Processes Must be Taken to the Next Level to Make the Most of Taxpayers' Dollars

CARY, N.C., May 5 /PRNewswire/ -- SciQuest, Inc., the global leader empowering enterprises to realize the potential of strategic procurement, today announced details of the company's upcoming Procurement Symposium for Government Executives in Philadelphia on Friday, May 8.

The half-day symposium, hosted by the University of Pennsylvania, will be held at The Inn at Penn and offer best practices and quickly adoptable strategies that have serious impact on the bottom line. Attendees will hear from recognized leaders who are on the path to realizing significant results.

"These tough economic times mean that traditional ways of managing spend will not provide the cost savings and efficiency required for government to perform without impacting programs," said Joshua Rose, director of product marketing at SciQuest. "This symposium brings together thought leaders that will share insights to help the attendees do more with less and take government procurement to the next level."

During the comprehensive program, starting at 9:00 a.m., attendees will have the opportunity to hear how the City of Philadelphia's largest private employer took control of its institution-wide spending. The University of Pennsylvania's Chief Procurement Officer Ralph Maier and Director of eBusiness Vira Homick will share details of the University's Cost Containment Project, which is well on its way to exceed the project's goal of saving $50 million in four years.

"Procurement has the unique opportunity to move from a cost center to a revenue generator," Maier said. "For those organizations facing tough budget cuts, that can mean the difference between continuing or canceling a program or service. Now is the time to push for change and make the most of this economic downturn with new policies and procedures that will have a positive impact on the bottom line for years to come."

The State of Georgia's Gina Tiedemann, director of customer advocacy for the Department of Administrative Services, will share details of Georgia's procurement transformation that started with three keys to success: people, process and technology. The State's innovative approach to bring spending under management in one transparent system has the potential to increase the value of taxpayers' dollars and fundamentally change how governments and municipalities procure the goods and services they need.

For more information and to register for the Procurement Symposium, please visit www.sciQuest.com.

Learn more about the State of Georgia's procurement transformation via articles from industry leading publications including The Rapidly Changing Nature of Government Procurement, Georgia to Launch a Statewide E-procurement System and State Turns Buyers into Strategists.

About SciQuest

SciQuest's procurement automation and supplier enablement solutions empower leading organizations to realize the potential of strategic procurement. The company's specialized knowledge, on-demand software, and service-first approach enable public and private enterprises across the globe to manage spend, drive ROI, and advance their critical missions.

SciQuest's deep understanding of its served vertical markets combined with a broad supplier network and intuitive, online shopping experience increase user and contract adoption while improving operational efficiencies. Through software-as-a-service (SaaS) deployment, organizations can quickly implement the right eprocurement solution to augment existing ERP investments or fully enable all aspects of purchasing from sourcing to settlement.

For more information about SciQuest, please visit www.sciQuest.com or call 877-710-0413 in the U.S. or +44 1794 341182 in Europe.

SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners.

SOURCE SciQuest, Inc.

Source: PR Newswire

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