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SciQuest Announces Strategic Alliance with Ceiba Solutions
Date:2/10/2009

Partnership Enables Life Sciences Companies to Accelerate Time to Value of Enterprise Eprocurement

DALLAS, Feb. 10 /PRNewswire/ -- SciQuest, Inc., the global leader empowering enterprises to realize the potential of strategic procurement, today announced the formation of a partnership with Ceiba Solutions, Inc., a leading IT firm that specializes in efficient business application integrations to help customers achieve a best-in-class environment that supports and synchronizes their business processes. This partnership will enable life sciences organizations to enhance their investment in enterprise resource planning (ERP) systems by quickly and seamlessly integrating with leading strategic procurement solutions delivered by SciQuest. The announcement was made at SciQuest's annual NextLevel conference, the industry's leading forum for procurement professionals.

"The integration of eprocurement and ERP solutions enables life sciences companies to automate financial management processes while gaining unprecedented visibility into enterprise-wide spending," said Jamie Duke, COO of SciQuest. "SciQuest's solutions integrate with any ERP system. Ceiba Solutions has successfully and repeatedly delivered the integration between ERPs, or financial systems of record, and SciQuest's eprocurement solution with ease and speed for life sciences customers."

Ceiba Solutions provides composite software and services to help customers streamline and orchestrate business processes to meet corporate objectives. Ensuring accurate, fast synchronization of data and related workflow for purchase orders, supplier profiles, master data files and general ledger accounts used between SciQuest eprocurement solutions and ERP systems, such as Ross, Oracle and Lawson, is Ceiba Solutions' core competency. Through the partnership, SciQuest and Ceiba Solutions will work together to offer integrated solutions and services, a reflection of SciQue
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SOURCE SciQuest, Inc.
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