Case Study: Global Pharma Firm achieves greater procurement visibility and compliance with GEP SMART

Global Pharma Firm Boosts Procurement Visibility And Compliance With Gep Smart

A global pharmaceutical firm with nearly 40,000 employees sought greater visibility and control over its procurement operations. The company needed to improve compliance with international regulations and streamline its processes across numerous global locations. To address these challenges, it partnered with vendor GEP Nexxe and implemented their SMART software platform.

GEP Nexxe configured its SMART platform to manage the firm's entire source-to-pay process, integrating it with existing ERP systems. The solution enabled the onboarding of over 50,000 suppliers and the central management of $4 billion in annual spend. As a result, the pharmaceutical firm achieved significantly enhanced procurement visibility, improved regulatory compliance, and gained better data quality for analysis.