– GEP supply chain and procurement software selected by Siemens Healthineers, the leading medical technology company, to transform source-to-pay and drive new value

CLARK, N.J., March 28, 2023/PRNewswire/ — GEP®, a leading provider of procurement software and procurement services to Fortune 500 and Global 2000 companies worldwide, today announced that Siemens Healthineers, one of the leading global medical technology companies, has selected GEP SOFTWARE™, the industry’s leading procurement and supply chain software platform, after a competitive review.

Siemens Healthineers has approximately 69,500 employees worldwide, with revenues of around €21.7 billion in 2022, and is pioneering the next generation of healthcare technology solutions. Siemens Ultrasound division, headquartered in Washington state, USA, will use GEP SOFTWARE to transform its indirect material sourcing to pay process spanning sourcing, spend analysis, inventory management and suppliers , and accounts payable for all US indirect acquisitions.

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 unified cloud-native supply chain platform. It enables Fortune 500 and Global 2000 clients to drive optimal efficiency, agility, visibility and actionable intelligence across all procurement, purchasing and supply chain functions, while eliminating burdensome infrastructure and support costs to achieve the maximum return on investment.

About GEP SOFTWARE

GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global businesses become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP® provides users with new and intuitive digital workspaces that drive extraordinary levels of user adoption and significant gains in personal and team productivity. GEP’s products leverage machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continuous technology innovations. GEP software integrates quickly and easily with legacy and third-party systems, such as SAP, Oracle, Microsoft, and all other ERP and F software.

Media ContactDerek CreeveyDirector of Public RelationsGEPTel: 1 732-382-6565E-mail: derek.creevey@gep.com

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