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Exela Technologies Announces Expansion of Digital Marketing Execution Solutions with a New Logo in Healthcare Industry

Exela Technologies Announces Expansion of Digital Marketing Execution Solutions with a New Logo in Healthcare Industry

 Exela Technologies a leader in business processing automation (“BPA”) announced that the Company signed a new customer for its Marketing Execution solution (“XME”). Exela’s customer, a large regional healthcare provider, was using multiple vendors for print, promotional products and branded apparel leading to inefficiencies and escalating costs. The customer also experienced operational issues with reporting, inventory control, and invoicing. Exela’s XME solution will provide real-time reporting, inventory management, and print-on-demand enabling the elimination of over-inventoried items, reducing the cost of carry on their books and eliminating obsolete materials that needed to be discarded. The TCV of the contract is estimated at $7.5 million and will be included in the ITPS segment which generated $765 million of revenue in 2022.

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“The rich features of the XME solution greatly enhances productivity, reduces waste and adds a level of personalization. Additionally, our XME solution will provide cost savings of over 15% while also improving processes,” noted Ken Bechard, President, Integrated Communications Solutions, Exela Technologies.

The information posted on the Company’s website and/or via its social media accounts may be deemed material to investors. Accordingly, investors, media and others interested in the Company should monitor the Company’s website and its social media accounts in addition to the Company’s press releases, SEC filings and public conference calls and webcasts.

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Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions that improve efficiency, quality, and productivity. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune 100. With foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry solution suites addressing finance & accounting, human capital management, facilities optimization, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector. Exela is a leader in workflow automation, attended and unattended cognitive automation, digital mailrooms, print communications, and payment processing, with deployments across the globe. Through cloud-enabled platforms.

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