SciQuest

recently released its Contract Manager

module, which provides contract visibility, tracking and analysis features. Contract Manager enables organizations to track contract deliverables such as spending milestones, effective dates and expiration dates, and alert administrators when specific criteria has been met.

released the next-generation workflow functionality in its Frictionless SRM 2005

software. Building on existing workflow capabilities, the product enhancements offer robust workflow for processes in supplier sourcing and contracting. Frictionless officials said in the era of Sarbanes-Oxley Act and corporate policies on risk and financial control, workflow automation is a must-have capability.

has moved to a new delivery strategy that includes subscription-based pricing and three levels of packaged, on-demand delivery options, to provide more opportunity for midmarket companies. The on-demand solutions address six core business processes such as sourcing or spend visibility. It contains the core software, services, and expertise and is targeted at small and mid-sized companies as well as departments or divisions of larger companies.