Clark, N.J., Nov. 30, 2022 — GEP®, a leading provider of procurement and supply chain software to Fortune 500 and Global 2000 enterprises worldwide, announced today that, for the fourth straight year, it has been positioned by Gartner as a Leader in the 2022 Magic Quadrant for Procure-to-Pay Suites.1 The evaluation was based on specific criteria that analyzed the company’s overall completeness of vision and ability to execute.
“To mitigate inflation, demand for GEP SMART™, the industry’s smartest, most powerful, agile platform for direct and indirect procurement, continues to accelerate. Our software provides companies the most effective way to manage suppliers and price volatility and to identify savings to drive value and competitiveness,” said Subhash Makhija, chief executive officer and co-founder of GEP.
GEP SMART™ provides enterprises with the leading AI-powered, cloud-native, source-to-pay (S2P) platform — encompassing spend analytics, sourcing, category management, contract management, supplier and risk management, procure-to-pay, invoice management and savings project management — unifying procurement operations to drive compliance and savings.
View a complimentary copy of the Magic Quadrant report to learn more about GEP SOFTWARE at http://www.gep.com/research-reports/gartner-2022-magic-quadrant-for-procure-to-pay-suites.
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.
GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable.
With beautifully rendered interfaces and flexible workflows, GEP® provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity.
GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology.
GEP’s software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty.
GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, IDC, Procurement Leaders, and Spend Matters.
GEP SOFTWARE is part of Clark, NJ-based GEP — the world’s leading provider of procurement and supply chain strategy, software and managed services. To learn more, visit www.gepsoftware.com.
Director, Public Relations
Phone: +1 732-382-6565
1 Source: Gartner, “Magic Quadrant for Procure-to-Pay,” Micky Keck, Lynne Phelan, Balaji Abbabatulla, and Patrick Connaughton, Nov. 2022