SciQuest Integrates HigherMarkets and SelectSite with Oracle(R) E-Business Suite and Oracle's PeopleSoft Enterprise Solutions Using Oracle Fusion Middleware.Integration Helps Reduce Operational Expenses, Drives Greater Contract Compliance, and Enables Faster ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- SciQuest, Inc., a provider of on-demand supplier management and procurement automation solutions, today announced that its HigherMarkets and SelectSite suite of products are integrated with Oracle[R] E-Business Suite and Oracle's PeopleSoft Enterprise solutions using Oracle Fusion Middleware Please help [ improve this article] by removing . . This combined solution allows customers to enable a critical mass of supplier content through SciQuest's Supplier Network (SQSN), helping to minimize non-contract and off-catalog spending while creating a faster ROI. SciQuest is a member of the Oracle PartnerNetwork. Geared towards the higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. market, the suite of HigherMarkets modules manages the procurement automation - greatly improving spend management across an institution. Designed to meet the unique needs of colleges and universities, HigherMarkets is capable of reducing costs, improving productivity, and increasing visibility into organizational spend. "We are excited to be working with Oracle to provide customers with enterprise-class on-demand procurement automation, supplier enablement Supplier Enablement is the process of electronically connecting suppliers (or other trading partners) to a company's supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company's back-office systems to exchange critical business and management solutions that deliver significant ROI and sustained long-term value catering to the requirements of Higher Education, Health Care and Life Sciences markets," said SciQuest, Inc. president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Stephen Wiehe. "Leveraging Oracle Fusion Middleware, our integration with Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. and PeopleSoft is seamless and optimized to provide a user experience that meets the spending management needs of our customers." Customers such as the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. have found benefit from the integrated solution. "By offering this as a competitive advantage to our suppliers we were able to renegotiate existing contracts as well as negotiate new contracts resulting in over 68 percent of purchase order transactions being issued to participating online preferred suppliers," said Ralph Maier, University of Pennsylvania director of purchasing services. "It is the integration of these two leading solutions that has enabled us to achieve such significant results." Oracle Fusion Middleware provides a common technology platform for ISVs to easily integrate and support their entire mix of Oracle and non-Oracle enterprise applications while laying the groundwork for an SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. . Use of Oracle Fusion Middleware to integrate ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. solutions with Oracle Applications results in additional benefits, including a more comprehensive solution based on an SOA that spans a customer's Oracle Applications and third party applications, and enables a lower total cost-of-ownership and increased agility to more easily transition to a SOA. About Oracle Fusion Middleware The company's comprehensive, standards-based family of middleware software, Oracle Fusion Middleware enables customers to adopt and manage SOAs in heterogeneous computing environments. More than 31,000 customers now use Oracle Fusion Middleware and include leading organizations in the Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , Telecommunications, Manufacturing, Retail, Pharmaceuticals, Health Care and Public Sector industries. Oracle Fusion Middleware is also supported by 9,000 partners, including leading independent software vendors, value added resellers and system integrators. About Oracle Applications Oracle Applications, including the Oracle E-Business Suite, PeopleSoft Enterprise, JD Edwards See J.D. Edwards. EnterpriseOne, JD Edwards World and Siebel, enable information-driven business processes that connect and automate an organization. Developed to deliver business insight, adaptive industry processes and a superior ownership experience, Oracle Applications enable efficient management of all core business functions, such as customer interactions, financial management, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and supply chain management. About Oracle PartnerNetwork Oracle PartnerNetwork is a global business network of more than 19,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. http://oraclepartnernetwork.oracle.com About SciQuest, Inc. SciQuest provides on-demand supplier enablement and procurement automation solutions that reduce operating costs operating costs npl → gastos mpl operacionales , drive end-user adoption, bring more spend under management and increase visibility into organization-wide spending. Through SciQuest solutions, organizations gain immediate cost savings and rapid ROI. Organizations can quickly enable a critical mass of suppliers through the SciQuest Supplier Network (SQSN) and leverage SciQuest Managed Services to fully manage catalog data and order delivery on an ongoing basis, significantly reducing the need for in-house IT and support resources. With an integrated supplier base, organizations can maximize on-contract spending and gain real-time visibility and reporting capabilities throughout the entire order process. In addition to a source-to-settle suite of e-procurement applications, SciQuest also offers supplier and order management modules that seamlessly integrate with existing ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. and enterprise financial systems, driving greater return from existing investments. For more information about SciQuest, please visit www.sciquest.com, or call 919.659.2100. Oracle, JD Edwards, PeopleSoft, and Siebel are registered trademarks of Oracle Corporation and/or its affiliates. |
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