When it comes to procurement outsourcing, GEP is in the vanguard of preeminent providers. Everest Group confirms it, naming us both a Leader and Star Performer in the Procurement Outsourcing Service Providers PEAK Matrix® 2021 report.
Among 19 assessed providers, GEP appears in the top quadrant — showing how our strategic expertise and robust procurement technology combine to deliver best-in-class results that create lasting client impact. It’s why Fortune 500 and Global 2000 enterprises rely on GEP SMART™, our unified, AI-powered, cloud-native procurement platform that has won numerous awards over the years.
GEP provides robust technology solutions to clients supported by its digital CoE to help drive digital transformation initiatives. Its end-to-end S2P platform, GEP SMART, with integrated digital tools/solutions, including workflow automation, advanced analytics and cognitive capabilities, has high adoption among clients.
— Everest Group’s Procurement Outsourcing Service Providers PEAK Matrix® 2021
Leaders, Everest Group said, “achieved significant growth in 2020” despite the effects of the COVID-19 pandemic. In addition to being named a Leader, GEP was also designated a Star Performer for showing the most improvement over time on the PEAK Matrix.
How GEP Earned the Everest PEAK Matrix Leader Designation
GEP harnesses “market intelligence, advanced analytics and best practices to drive actionable, category-specific insights,” Everest Group’s report said. It highlighted our key PO-related activities in 2020, including the:
- Expansion of our Partner United program of supply chain and procurement technology collaborators
- Expansion across North America, Europe and the Asia-Pacific region
- Addition of Budget to Pay™ as a new solution offering
- Ability to meet supplier diversity needs by enhancing GEP SMART’s capabilities
- Launch of GEP SMART’s AP Automation solution