LEADING U.S. ENERGY COMPANY SELECTS CLOUD-NATIVE SMART BY GEP PROCUREMENT SOFTWARE IN COMPLETE SOURCE-TO-PAY PLATFORM DEPLOYMENT

  • Innovator in gas and electric services and one of the nation’s leading utilities chooses cloud-native SMART by GEP® sourcing and procurement software in rigorous selection process
  • GEP is a recognized leader in procurement services and procurement software to the energy and utilities sector
  • Platform deployment encompasses full spend analysis, sourcing, contract management, supplier management and procure-to-pay functionality
     

Clark, NJ – AUGUST 6, 2015 – GEP, a leading provider of procurement technology and procurement services to Fortune 500 and Global 2000 enterprises worldwide, announced today that another leading U.S. energy company has selected SMART by GEP®, the industry’s leading cloud-native sourcing and procurement software platform, to help streamline and automate the operations of its enterprise procurement teams.

The company chose SMART by GEP – after a rigorous multivendor review and selection process – based on the platform’s proven ability to support complex multi-unit enterprises, and GEP’s expertise and successful track record in the energy and utilities sector.

The company is deploying the full SMART by GEP platform – including spend analysis, sourcing, contract management, supplier management, and procure-to-pay capabilities.

SMART by GEP is a complete, unified source-to-pay software platform, native to cloud, touch and mobile technologies. Offered as Software-as-a-Service (SaaS), SMART by GEP leverages cloud economics to deliver a solution that easily handles the heaviest processing requirements of GEP’s Fortune 500 and Global 2000 clients, while eliminating burdensome infrastructure and support costs.

SMART by GEP is easy to set up, deploy and use, with no extensive training required. All GEP products are platform-agnostic (they work with SAP, Oracle or any other major ERP or F&A system). And with superb support and service, GEP is an industry leader in customer satisfaction.

About GEP

GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our client's success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective procurement services and procurement technology that enable procurement leaders to maximize their impact on business operations, strategy and financial performance.

Honored as Best Supplier at this year’s EPIC Procurement Excellence Awards, GEP regularly wins accolades as both a provider of innovative procurement technology and a broad range of procurement services. Among its recent distinctions, GEP has been named Leader and Star Performer in Everest Group's Peak Matrix of Procurement Services Providers, Leader in NelsonHall’s NEAT Matrix of Global Procurement BPO Service Providers, Winner in the HfS Blueprint Report on Procurement Outsourcing Providers, as well as one of Spend Matters 50 Companies to Know and to the Supply & Demand Chain Executive 100.

Clark, NJ-based GEP has 12 offices and operations centers in Europe, Asia and the Americas.

For more about SMART by GEP, our cloud-native sourcing and procurement software platform, please visit www.smartbygep.com.To learn more about our comprehensive range of consulting and outsourcing services, please visit www.gep.com.

Contact:

Al Girardi
Global VP, Marketing & Analyst Relations
GEP Worldwide
Phone: 732-382-6565
Email: al.girardi@gep.com