Primedia Unlimited’s procurement software specialists X/procure®, who provide more than 67% of South Africa’s pharmacies with the ability of seamlessly placing their orders electronically, has for the fourth consecutive year come out tops at The Technology Top 100 (TT100) Awards. This year, X/procure® was awarded the winner for ‘Excellence in Management of Innovation’, as well as the coveted ‘Director General’s Award for Overall Excellence’.
“Needless to say our team is thrilled with ending 2013 in this vein, particularly because the competition was so fierce, and the awards so few,” says JD Henderson, Group MD of X/procure®.
Despite a record number of companies that entered this year, the TT100 had the lowest number of qualifiers ever.
“The awards process is quite rigorous and rightly so,” says JD. “Each year a number of companies are invited to register and complete an online survey, in which 96 metrics of the company are checked. Following that a two hour presentation to a panel of judges must be completed before the panel interviews entrants about the TIPS (Technology, Innovation, People, System) model. Thereafter the scores from all the judges are accumulated and the winners are selected.”
The award for Excellence in the Management of Innovation recognises an organisation’s ability to embrace a spectrum of quantitative and qualitative metrics. The adjudication process interrogates the innovative capacity in three areas, namely, Product, Process and Organisation. An important indicator is the percentage growth in revenue, and the ability to commercialise new innovations successfully, with focus on the return on investment from new innovations.
The Director General’s Award for Small Enterprises for Overall Excellence is the ultimate accolade for any company, as it not only has to deliver superior financial results, but display all round excellence. In addition to sound innovative management processes and a constant re-evaluation of market offerings, the award also recognises all the other elements of Enterprise Development, Corporate Social Investment, Empowerment, Social Innovation and a growing local and international market base.
“I express my thanks to our management team and staff for contributing to the successes we achieved. We also share these awards with our valued clients, for whom we keep on improving our functionality and interface, based on their needs and feedback. We’ve laid a fantastic grounding for 2014!”
X/procure®’s ever increasing national footprint enables more than 63% of SA pharmacies which utilise electronic procurement software, to purchase scheduled and OTC pharmaceutical, surgical and front shop requirements directly from wholesalers and distributors. X/procure® facilitates electronic advertising directly to the pharmacist, allowing advertisers the unique opportunity to present and promote their products at the time the buying and ordering decisions are made. Visit www.primedia-unlimited.co.za or www.xprocure.com for more.