Industry news: X/Procure reach R15 billion order mark

“We are very proud that our first R5 billion was achieved within three years of operating, R10 billion in just under five years of inception and our most recent achievement, R15 billion, achieved in just twelve months thereafter,” says X/procure's® MD Deon Lewis.

“Since our inception in 2001, these accolades have only stemmed from the processing of electronic orders through our system and doesn't include revenue gained from advertising on our electronic procurement software, nor the advertising opportunities through our partnerships with dispensing software vendors. It's a fantastic achievement which is reiterated by the energetic vibe of our team.”

Over the past seven years, pharmacists have been introduced to the innovative software countrywide, allowing the company to effectively increase its national footprint. Through a combination of defined expertise, efficient team work and pharmacists relying more and more on X/procure's® procurement system the company has been able to deliver on its promises of fast and efficient order placing, speedy regret reporting and constant product innovation.

X/procure's® electronic procurement software system is currently installed in over 50% of South African pharmacies, facilitating the purchase of scheduled and OTC pharmaceutical, surgical and front shop requirements directly from wholesalers and distributors. The groundbreaking software successfully allows users to search a database of well over one million line items, accurately compare prices, deals and specials, and easily build, send and manage purchase orders.

“We are incredibly proud of the results that our system has produced,” commented JD Henderson, Executive Director of Sales and Marketing at X/procure®. “We know that the R15 Billion mark is only the beginning of what is still to come!”

Issued on behalf of: X/procure®
Deon Lewis
T: +27 11 562 6500