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MGM MACAU Selects SciQuest eProcurement Solution

Publish Date
May 12, 2011
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MGM MACAU Joins MGM Mirage as SciQuest Customers; Resort to Improve Spend Savings with Automated Procurement Processes

CARY, N.C.--(BUSINESS WIRE)--SciQuest, Inc., (NASDAQ: SQI) a leading provider of on-demand strategic procurement and supplier management solutions, today announced that MGM MACAU has selected the SciQuest eProcurement solution to improve the efficiency of its purchasing process.

“We have witnessed the impact that the SciQuest solution can have on the procurement process at the MGM Resorts International properties and are excited to realize the benefits of spend savings first hand,” said Gary Chung, Director of Purchasing at MGM MACAU. “By automating key purchasing functions with SciQuest, we hope to improve our overall operating efficiency.”

MGM MACAU is a 35-story hotel tower with around 580 rooms, suites and villas, a grand casino and private gaming salons for preferred customers. The U.S. $1.25 billion property also features a convertible convention area with 14,455-square-feet of meeting space, world-class spa, swimming pool facilities and a variety of restaurants. MGM MACAU will implement SciQuest to improve sourcing management, streamlining several procurement functions and accelerating the purchasing process.

“With our focus on customer service and one of the most innovative eProcurement solutions in the industry, SciQuest continues to help organizations turn spending into true cost savings,” said Stephen Wiehe, president and CEO, SciQuest. “Customers like MGM MACAU and MGM Resorts International understand the benefits that strategic spending and automated procurement can have on an organization’s bottom-line results.”

 

About SciQuest

SciQuest (NASDAQ: SQI) is a leading provider of an integrated, web-based end-to-end eProcurement solution that enables users to realize significant efficiencies and savings on their purchases of indirect goods and services. SciQuest’s unique industry segment expertise and innovative “source-to-settle” approach to eProcurement enables Fortune 1000 companies and organizations in the higher education, life sciences, healthcare and public sector markets, as well as other industries, to identify savings opportunities they may otherwise have missed, while improving contract management, compliance and supplier management. SciQuest’s solutions help customers turn spending into a source of savings.

SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners. For more information about SciQuest, please visit www.sciquest.com or call 888-638-7322 in the U.S. or +44 1794 341182 in Europe.

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