BuyerQuest Selected by Stanford University for Procure-to-Pay

CLEVELAND, OH--(Marketwired - August 12, 2015) - BuyerQuest, the industry leading, cloud-based eProcurement software provider announced today that its Procure-to-Pay (P2P) product will be used by Stanford University to automate and manage the university's procure-to-pay processes while also fueling new levels of connectivity, collaboration, and analytics.

"We are extremely proud to add Stanford University as a strategic customer in the BuyerQuest family," said Jack Mulloy, Chief Executive Officer at BuyerQuest. "Stanford University is the vanguard of modern innovation and we look forward to partnering with Stanford over the next decade to set a new standard for Higher Education P2P capabilities."

The BuyerQuest Procure-to-Pay (P2P) solution delivers:

• A seamless and intuitive consumer-like shopping experience to promote the highest levels of user adoption across Universities (and other large organizations)

• A 'one stop shop' for thousands of end users within a University to procure all contracted goods and services within a single user interface

• Invoice automation that increases the percentage of 'touchless' transactions while shrinking the time between invoice submission and invoice approval.

• An open business network that connects large organizations with their supply base to promote connectivity, collaboration, and payment automation

To learn more about BuyerQuest and the value it can deliver for your organization please visit www.BuyerQuest.com.

About BuyerQuest, Inc.
BuyerQuest is a world-class cloud-based Procure-to-Pay (P2P) software provider. BuyerQuest was founded on the core belief that the enterprise procurement experience can and should be just as easy as an everyday B2C ecommerce shopping experience. BuyerQuest delivers its end-users an eCommerce shopping experience for all Goods AND Services across the enterprise. Procurement and Accounts Payable organizations are empowered by BuyerQuest's intuitive administration tools to operationalize their negotiated contracts and drive compliance through widespread user adoption. Please visit www.BuyerQuest.com to learn more.

About Stanford
Stanford University, located between San Francisco and San Jose in the heart of California's Silicon Valley, is one of the world's leading teaching and research universities. Since its opening in 1891, Stanford has been dedicated to finding solutions to big challenges and to preparing students for leadership in a complex world.