GEP’s Procurement & Supply Chain Software Selected by Siemens Healthineers, the Leading Medical Technology Company, to Transform Source-To-Pay and Drive New Value
GEP, a leading provider of procurement software and procurement services to Fortune 500 and Global 2000 enterprises worldwide, announced that Siemens Healthineers, one the world’s leading medical technology companies, has selected GEP SOFTWARE™, the industry’s premier procurement and supply chain software platform, following a competitive review.
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Siemens Healthineers has approximately 69,500 employees worldwide, with revenue of around €21.7 billion in 2022, and is pioneering the next generation of health care technology solutions. Siemens’ Ultrasound division, headquartered in Washington state, U.S., will use GEP SOFTWARE to transform its indirect material source-to-pay process encompassing sourcing, spend analytics, supplier and inventory management, and accounts payable for all indirect procurement in the U.S.
GEP SOFTWARE encompasses GEP SMART™, recently named the world’s best procurement software for the second year in a row, and GEP NEXXE™, the next-generation cloud-native supply chain unified platform. It enables Fortune 500 and Global 2000 clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement, purchasing and supply chain functions while eliminating burdensome infrastructure and support costs to achieve maximum ROI.
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