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CONTRACT MANAGEMENT

– SciQuest Sourcing Director Review

Product Snapshot

Technology

SciQuest Sourcing Director is available as a SaaS solution and requires no additional hardware for installation.

Customer Focus

SciQuest works with mid-sized and enterprise companies.

Select Customers

Contact vendor directly for case studies.

About SciQuest Sourcing Director

- SciQuest Sourcing DirectorSciQuest Sourcing Director streamlines your source bidding and contract management processes. The program’s Contract Director manages entire contract lifecycles by simplifying the creation process, monitoring parties to make sure they are holding their end of the deal and automatically sending approval requests to relevant parties during negotiation. DeltaView integration enables this easy contract collaboration. For sourcing, the system creates reverse auctions and monitors contractors throughout the auction process. The whole bidding process is automated.

About SciQuest
SciQuest was founded in 1995 and is headquartered in North Carolina. The company works with a variety of Fortune 1000 companies.

SciQuest Sourcing Director Key Features

  • Contract management and source bidding system
  • Smart template tool makes it easy to create contracts
  • Securely stores contracts and makes it easy to manage them
  • During negotiations, the program sends approval requests for changes to relevant parties
  • Enforces contract compliance
  • Facilitates collaboration between different business partners during contract creation
  • Manages bids made by suppliers who wish to offer their services
  • Supports reverse auctions, sealed bidding, and informal quotes

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