SciQuest-BravoSolution partnership to reduce costs and to improve efficiency of supply chain operations

Oct 29 2009

BravoSolution, the international leader in supply management software and services, and SciQuest, the global leader empowering enterprises to realize the potential of strategic procurement, today announced a partnership to bring their best-in-class solutions and deep industry expertise together in a one-of-a-kind source-to-settle offering for healthcare providers and life sciences organizations.

The joint offering draws from the combined organizations’ experience supporting three of the nation’s five largest GPO networks, several of the country’s largest hospitals and leading life sciences organizations. The SciQuest-BravoSolution partnership provides a solution that reduces costs and improves the efficiency of the supply chain for organizations committed to managing cost while optimizing their procurement and supply chain operations.

“BravoSolution’s expertise in delivering innovative solutions to healthcare and life sciences clients leads the industry,” said Marc Bergeron, General Manager of BravoSolution US. “This partnership allows us to continue to expand our offering to visionary organizations who seek opportunities to control costs through more efficient supply chains.”

The partnership will offer customers several benefits, including the ability to:

• Reduce cost of care
• Negotiate and leverage strategic contracts for commodity goods and services
• Track and manage locally-managed as well as GPO contracts
• Ensure contract compliance
• Improve the quality of supplier content and ensure accurate price files
• Drive on-contract spend

“As our clients look for innovative approaches to reduce their costs while maintaining the highest supply chain standards, SciQuest and BravoSolution are resources that organizations can turn to for proven best practices and best-of-breed solutions,” said Stephen Wiehe, president and CEO of SciQuest. “Our combined experience and dedication to our clients’ success make us the clear choice for healthcare and life sciences source-to-settle solutions.”

The joint offering features a range of solutions, including:

• Spend Snapshots: spend analysis profiles with procurement ROI benchmarking
• Integrated Strategic Sourcing and Procurement: with best-of-breed solution modules from BravoSolution and SciQuest
• Professional Services: including implementation, training and quarterly “Wellness Checks” to track and measure performance and success in meeting goals.

To learn more about the SciQuest-BravoSolution partnership and solutions, please join us for these upcoming webinars:

• “Tracking Healthcare Spend: Making Sense of Your Data” on Tuesday, November 17, at 11:00 a.m. ET
• “Weathering the Storm: Maximizing Your Supplier Relationships During Tough Economic Times” on Wednesday, November 18, at 11:00 a.m. ET

Source: BravoSolution