Following a series of acquisitions, Houston-headquartered fuel retailer Sunoco LP decided to rationalize its ‘source-to-settle’ process to reduce spend and gain efficiency. Following an evaluation, Sunoco has consolidated its onboard, buy, pay and source functions under a single platform from Morrisville, NC-based SciQuest. SciQuests’s cloud-based business automation solution for spend management will replace Sunoco’s legacy procurement tools.
The deployed solution includes SciQuest’s Spend Radar, Sourcing Director, Supplier Manager, Spend Director and Accounts Payable Director. SciQuest president and CEO Stephen Wiehe said, ‘Sunoco views procurement as a strategic imperative. Our software will provide insight into Sunoco’s current spend and help take strategic decisions on growth.’ Follow SciQuest’s blog.
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