- Cites GEP’s ‘ability to meet future client requirements as well as deliver immediate benefits to its procurement clients’
- Follows on heels of GEP SMART being named 2021 Best Procurement Software at World Procurement Awards for second year in a row, cementing industry leadership
Clark, N.J., August 3, 2021 – GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that it has been named “a leader” in all three of the highly regarded NelsonHall Vendor Evaluation & Assessment Tool (NEAT) market segments, namely:
- Overall Procurement Transformation
- Business Process Services (BPS)
- Transformation Capability
The new NelsonHall NEAT analysis cites GEP’s ability to deliver immediate customer benefit while meeting future client needs. A complimentary copy of the assessment is available here. At a time when procurement is rapidly expanding, GEP brings industry-leading software, forward-looking digital transformation services, and the deep industry expertise of our team of multinational, multidisciplinary procurement professionals to deliver end-to-end digital procurement transformation so our customers can drive competitive advantage, resilience, agility, transparency, and digital transformation to deliver cost savings and shareholder value. This award comes on the heels of GEP SMART™ being recognized as the “Best Procurement Software” for the second year in a row at the World Procurement awards, establishing GEP SOFTWARE™ as the gold standard for global organizations transforming procurement and supply chain operations.
Alisa Samoylova, procurement market analyst, NelsonHall, said, “GEP has been recognized as a Leader and specialist in sourcing and procurement with strong industry knowledge and consulting expertise. It has a complete portfolio of S2P services and continues to show commitment to the procurement services market by expanding into underpenetrated geographical regions, as well as tailoring its offerings to high maturity clients.”
To learn more about why GEP won, visit https://www.gep.com/software/gep-smart. GEP is frequently recognized by top industry leaders and analysts for its cloud-native procurement and supply chain software, including, most recently, as leader in the Gartner Magic Quadrant™ for Procure-to-Pay Suites, and in the Spend Matters SolutionMap Rankings across the entire Source-to-Pay domain. GEP has also been ranked a Leader in the Gartner Magic Quadrant™ for Strategic Sourcing Application Suites, IDC MarketScape report for Cloud Procurement Software, and the Forrester Wave™ report for eProcurement Software. GEP has also received top honors from Ardent Partners, PayStream, and Quadrant Solutions.
About NelsonHall Vendor Evaluation & Assessment Tool (NEAT) for Procurement Services
NelsonHall’s NEAT tool allows strategic sourcing managers to assess the capability of vendors across a range of criteria and business situations and identify the best performing vendors overall, and with specific capability in BPS and procurement transformation. NEAT evaluates vendors on both their “ability to deliver immediate benefit” and their “ability to meet client future requirements,” vendors are identified in one of four categories: Leaders, High Achievers, Innovators, and Major Players.
NelsonHall is the leading global analyst firm dedicated to helping organizations understand the “art of the possible” in digital operations transformation. With analysts in the U.S., U.K., and Continental Europe, NelsonHall provides buy-side organizations with detailed, critical information on markets and vendors (including NEAT assessments) that helps them make fast and highly informed sourcing decisions. And for vendors, NelsonHall provides deep knowledge of market dynamics and user requirements to help them hone their go-to-market strategies. NelsonHall's research is based on rigorous, primary research, and is widely respected for the quality, depth and insight of its analysis.
About GEP SOFTWARE
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.
A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, Procurement Leaders, and Spend Matters.
Director, Public Relations
Phone: +1 732-382-6565