SciQuest Solution Manages Pharmaceutical Research Firm's Services and
CARY, N.C., April 29 /PRNewswire/ -- SciQuest, Inc., the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement, today announced that Array BioPharma Inc., a leading biopharmaceutical research and development company, has chosen SciQuest's eprocurement platform to automate procurement functions for each of its more than 250 scientists and researchers.
Array is focused on the discovery, development and commercialization of targeted small molecule drugs to treat patients afflicted with cancer, inflammatory diseases and pain. The company strives to achieve peak effectiveness by maintaining a sleek, flexible and rapid drug development process that avoids the slow development cycles characterized by other organizations in the pharmaceutical industry.
"SciQuest provides pharmaceutical researchers with an easy and efficient shopping platform to acquire and manage materials so they always have the items they need when they need them. As a result, researchers can remain focused on their work," said Stephen Wiehe, president and CEO of SciQuest. "With the capability to also accommodate services spend through outside vendors, SciQuest makes maverick spending a non-issue."
Array uses SciQuest's SelectSite(TM) and Requisition Manager solutions to help expedite the approval process of materials procurement, efficiently managing each approval and providing clear visibility into the progress of each request. SciQuest then integrates with Array's Oracle infrastructure to create purchase orders. In its most recent fiscal year, Array placed orders for more than 25,000 items and services through the SciQuest system. With SciQuest, Array has captured nearly 100 percent of the company's materials procurement through its procurement process.
"SciQuest helps research organizations succeed by enabling them to attain superior control and insight into their procurement spending," added Wiehe. "Our scalable architecture and on-demand deployment means that when growing companies like Array expand, SciQuest is there to meet their needs every step of the way."
SciQuest is the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement. The company's specialized knowledge, on-demand software, and service-first approach empower more than 100 of the best-known academic, pharmaceutical, biotechnology, research hospitals, and ambulatory surgical organizations to manage spend, drive ROI, and advance their critical missions.
SciQuest's strategic procurement solutions are strengthened by a deep understanding of the higher education, clinical and research environments combined with a broad supplier network for everything from lab equipment to office supplies to services. The company's intuitive, online shopping experience and diverse supplier offerings are proven to increase user and contract adoption. Through software-as-a-service (SaaS) deployment, organizations can quickly implement the right eprocurement solution, whether it's a robust shopping platform for existing eprocurement tools or to fully enable all aspects of purchasing from sourcing to settlement.
For more information about SciQuest, please visit http://www.sciquest.com or call 877-710-0413 in the U.S. or +44 1794 341182 in Europe.
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