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CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

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Editor's Pick (1 - 4 of 8)
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Procurement Transformation - Be Careful What You Wish For
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Cloud Computing Benefits Procurement in Two Ways

Cloud Computing Benefits Procurement in Two Ways
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Benjamin Ho, Deputy Procurement Officer, City of Chicago Department of Procurement Services

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Partnering with Procurement to Increase Automation

Partnering with Procurement to Increase Automation
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Aligning Procurement Teams with Data

Aligning Procurement Teams with Data
Jeff Stites, CIO, Diamond Foods

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BuyerQuest Shares Information on Release of its Contracts Module

By CIO Applications | Tuesday, August 20, 2019

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Salman Siddiqui, COO, Kyle Muskoff, VP of Product & Professional Services, Jack Mulloy, CEO and Nicholas Cron, CTO

BuyerQuest, a global provider of Procure-to-Pay Solutions, has recently released its Contracts Module to the Procure-to-pay suite.

FREMONT, CA: BuyerQuest has been extending Procure-to-Pay solutions to its global customers.  The enterprise has recently shared information on the release of its Contracts Module for the Procure-to-Pay suite. The company has expressed excitement on the introduction of these abilities to its platform.

BuyerQuest has been leading the Procure-to-Pay arena through innovative procurement features that are designed in partnership with its customers. 

The procurement industry has been undergoing transformative changes over the last few years. Among the most significant transitions is the shift to e-procurement from paper-work based procedures. E-procurement paves way for efficient and simple transactions. BuyerQuest finds itself at the forefront of these changes. The enterprise was formed to provide enhanced B2C user experience for driving user adoption for a much faster and economical process. "Typically, only one percent of professionals are procurement experts while the other 99 percent just want to find the right Product or Service to do their job. With BuyerQuest, we have retained the important procurement processes, while also providing an interface that is user-friendly to those employees," informs Jack Mulloy, Co-founder, BuyerQuest.

The BuyerQuest contracts come with a guarantee of purchasing compliance through codifying customers' discussed supplier discounts. Moreover, the enterprise also makes these pricing discounts instantly available in the BuyerQuest Marketspace.

Moreover, the Contract Module extended by the firm can address an issue, which impacts all the procurement departments. It has been a critical challenge for the procurement sector to ensure that the expenditure is in sync with the negotiated contracts. Purchases made would be having immediate savings and process improvement through the BuyerQuest Contracts.

The BuyerQuest Contracts module, forming a part of the wider Procure-to-Pay suite, ensures that the same standard of customer experience is maintained. This is one of the most striking features of BuyerQuest. This straight-forward yet highly robust tool ensures that creation, maintenance and leveraging Supplier Contracts as part of the BuyerQuest Marketplace is achieved.

BuyerQuest was featured by the CIO Applications Magazine as one of the Top 10 Procurement Solution Providers 2019.

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