GEP wins several awards for its supply solutions
GEP, a supply chain software and consulting company, has been recognized by research firms Everest Group and Quadrant Knowledge Solutions for its capabilities in sourcing and consulting software.
The firm has been named a “Star Performer” for the ninth year in a row in the “Leaders” category of the 2021 Everest Group Procurement Outsourcing (PO) Provider Assessment, which assessed 19 leading service providers. The Everest assessment drew on a proprietary database of over 1,600 multi-process procurement outsourcing contracts to assess vendor vision, capacity and market impact.
“GEP continues to strengthen its leadership position in the procurement outsourcing market, thanks to its deep expertise in strategic sourcing services, its category management capabilities in direct and indirect categories, and its continued investment in developing advanced technological capabilities, ”said Shirley Hung. , partner, Everest Group.
GEP continued to invest in its AI solution GEP Minerva, as well as GEP Smart – a cloud-native source-to-pay software product – and GEP Nexxe, an end-to-end supply chain platform.
The company had one of the highest buyer satisfaction ratings in the Everest review, as well as one of the highest year-over-year revenue growth rates.
Meanwhile, Quadrant Knowledge Solutions named GEP software as a leader in its assessment of strategic sourcing applications for 2021.
“With its unified GEP SMART ™ procurement platform and its AI and SaaS-based procurement and supply chain platform GEP NEXXE ™, GEP offers a strong value proposition and offers scalability and high scalability to meet complex procurement requirements, ”said Akshaysingh Chandel, Analyst, Quadrant Knowledge Solutions.
According to the report, GEP Smart software is distinguished by innovative AI-based procurement, deep integration of procurement with contracts and procurement-to-pay, and extended direct support to materials.
GEP, headquartered in Clark, New Jersey, with more than 5,000 employees worldwide, was also praised for its strong customer value proposition, proven track record, and product strategy and foil. solid road.