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JAGGAER Hits Milestone of 100 Healthcare and Life Sciences Customers

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RESEARCH TRIANGLE PARK, N.C., Aug. 22, 2018 (GLOBE NEWSWIRE) -- JAGGAER, the world's largest independent spend management company, today announces that with the recent signing of Blue Cross & Blue Shield of Rhode Island, the company has hit a milestone of 100 customers within the life sciences and healthcare space, collectively putting over $10 billion in spend through the JAGGAER system.  Companies include the Fred Hutchinson Cancer Research Center and Surface Oncology, among others.

JAGGAER's industry leading solutions include Spend Analytics, eProcurement, Accounts Payable, Inventory Control, Sourcing, Contract Lifecycle Management and Supplier Management, powered by a dedicated network of 385,000 suppliers assembled specifically for the needs of healthcare and life sciences companies. Additionally, JAGGAER offers the unique Enterprise Reagent Manager (ERM) solution, developed for scientific staff throughout healthcare and life sciences organizations to find, source and track materials from a single application. ERM also optimizes chemical inventory use and promotes regulatory compliance while managing the risks associated with hazardous materials.

"JAGGAER has been the leading choice of organizations within the healthcare and life sciences space for over 20 years. Our solutions have dedicated features designed for their spend management needs and have enabled procurement departments to become profit centers. Our solutions were developed to serve the needs of all businesses within the space, from smaller and mid sized, to international companies with multiple business units," says Rob Bonavito, CEO, JAGGAER.

Gartner, Inc. has positioned JAGGAER (Advantage) highest for ability to execute as a Leader in its 2018 "Magic Quadrant for Strategic Sourcing Application Suites."* Earlier this year JAGGAER was named as a Leader in Gartner, Inc's 2018 "Magic Quadrant for Procure-to-Pay Suites."**

*Gartner, "Magic Quadrant for Strategic Sourcing Suites", Magnus Bergfors, Patrick M Connaughton, Desere Edwards, William McNeill, Kaitlynn N. Sommers, 1 August 2018.

**Gartner, "Magic Quadrant for Procure-to-Pay Suites", authored by Desere Edwards, William McNeill, Magnus Bergfors, Patrick M Connaughton, Kaitlynn N. Sommers published 29 May 2018.

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About JAGGAER: Global Source to Pay Spend Management Solutions  

JAGGAER is the world's largest independent spend management company, with nearly 2000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking, and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world's largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company. www.JAGGAER.com

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