Case Study: Thermo Fisher Scientific Achieves Global Procurement Visibility with SpendHQ

Global Procurement Visibility Comes Easier Than Expected

Thermo Fisher Scientific, a global life sciences and clinical research leader, was struggling with fragmented procurement data and siloed systems across multiple brands and business units. This made cross-functional collaboration difficult and limited the team’s ability to manage procurement strategically. Thermo Fisher turned to SpendHQ, using its Performance Management and Spend Intelligence solutions to create a more unified procurement approach.

With SpendHQ, Thermo Fisher centralized procurement reporting into a single source of truth, formed a 13-person cross-functional team, and improved visibility into projects, forecasts, savings, and spend. SpendHQ normalized data from 10,000+ files in just over a month, automated 80% of monthly manual validation work, and enabled monthly spend refreshes. The result was hundreds of projects and savings reports recorded each month, stronger stakeholder trust, and better cross-brand collaboration across the organization.

Thermo Fisher Scientific