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Siemens, GS1 and SAP Demonstrate the Power of the European Business Wallet

  • By sujay
  • 07/11/2026
  • 19 Views

A New Era for Supplier Trust

In today's complex global supply chains, knowing who you are doing business with has never been more critical or more difficult. Manual document checks, siloed compliance processes, and the ever-present risk of fraud have long burdened procurement and partner onboarding teams. That is now changing.

In the Proof of Concept (PoC) completed in August 2026, SAP, Siemens, and GS1 demonstrated that the European Business Wallet (EBW) can fundamentally transform how companies verify, onboard, and trust their suppliers — with speed, security, and regulatory confidence built in from the start.

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