College of Charleston Chooses Eprocurement Solution from SciQuest

HigherMarkets Express Offers Flexible, Easy-to-Use Eprocurement Solution that Meets the Needs of Smaller Universities and Colleges

CHARLESTON, SC & CARY, NC –  October 23, 2009 – SciQuest, Inc., the global leader empowering enterprises to realize the potential of strategic procurement,  announced that the College of Charleston, a nationally recognized, public liberal arts and sciences university located in the heart of historic Charleston, South Carolina, has selected SciQuest HigherMarkets Express to gain unprecedented, real-time visibility into and control over spending on goods and services.

SciQuest is the undisputed leader in higher education eprocurement and understands the processes and challenges we face in effectively bringing spending under management, said Wendy Williams, director of procurement and supply at the College of Charleston. HigherMarkets Express offers an on-demand solution that we can easily deploy to automate our key procurement processes and, most importantly, the intuitive online shopping experience it provides will support the needs of our user community and drive adoption.

HigherMarkets Express is an eprocurement solution designed to meet the needs of mid-sized colleges, community colleges and universities. It provides the essential capabilities of eprocurement — including SciQuest’s flagship online shopping platform — that smaller purchasing departments need to automate the procurement process and bring spending under management. An on-demand solution, HigherMarkets Express can be easily deployed and maintained with limited IT involvement and integrates with existing enterprise resource planning (ERP) systems.

The College of Charleston also purchased additional procurement modules that will extend the capabilities of HigherMarkets Express, including Sourcing Manager to streamline the recruitment of suppliers to SciQuest’s online marketplace, Contract Manager to manage supplier contracts as part of the automated purchasing process, and Supplies Manager to provide real-time visibility into inventory and advanced searching, ordering and management of stockroom items.

The College of Charleston joins a growing community of small- to mid-size schools that are taking advantage of procurement automation through HigherMarkets Express, which is designed with their needs in mind, said Stephen Wiehe, president and CEO of SciQuest. With a wide range of on-demand, modular eprocurement solutions available from SciQuest, we are able to help colleges and universities of all types and sizes realize the enormous cost-savings and efficiency benefits that result from a more strategic approach to procurement.

About College of Charleston

The College of Charleston is a public liberal arts and sciences university located in the heart of historic Charleston, South Carolina. Founded in 1770, the College is among the nation’s top universities for quality education, student life and affordability. With more than 11,000 students, the College of Charleston offers the distinctive combination of a beautiful and historic campus, modern facilities and cutting-edge programs. For more information, visit www.cofc.edu.

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 adoption and contract compliance 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 .

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