We are a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2023 Vendor Assessment. This is the second time that GEP, a leading provider of procurement and supply chain software to Fortune 500 and Global 2000 enterprises worldwide, has been recognized.
Source: "IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2023 Vendor Assessment,” By: Patrick Reymann, March 2023, IDC
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
Why We Believe GEP Was Named a Leader
GEP SMART™ unifies the entire order-to-invoice process with the source-to-contract process, allowing for rapid implementation and game-changing results. Our procure-to-pay functionality streamlines the purchasing process from requisition to payment and reporting, with easy implementation and legacy integration.
But don’t just take it from us. Here’s what our clients have to say:
- We are using GEP SMART to consolidate and optimize our procurement and contract management functions across our entire enterprise. Our partnership with GEP has allowed us to retire old systems, standardize our processes, improve our spend visibility and position ourselves to be strategic about how we manage our suppliers and spending going forward.
- GEP SMART has benefited us in a variety of ways. It allows us to track supplier performance as well as the entire procurement process from request to completion. This has entirely automated procure-to-pay operations and other time-consuming tasks, improving accuracy and maximizing efficiency while also saving us time and money.
- GEP SMART eases and simplifies the procure-to-payment process with extensions such as inventory visibility and supply chain financing capabilities. Implementation was smooth, with good integration capabilities. The user interface is clean and easy to use and navigate, and the core features allow users to submit purchase requisitions, approval workflows, release e-purchase orders, convert catalogs, submit e-invoices, and process payments seamlessly.
To learn more about our game-changing procure-to-pay-solution, click here.
Why Customers Love GEP SOFTWARE
GEP SOFTWARE™ — featuring our procurement solution GEP SMART™ as well as GEP NEXXE™, our supply chain solution — provides a unified AI-powered cloud-native platform that is purpose-built to help enterprises realize the full potential of the latest technology innovations.
We lead in:
Intelligent, user-friendly interfaces; intuitive design; and stunning visual appeal
Applying emerging technologies, including AI/ML, RPA, NLP and Blockchain
Building on a foundation of open architecture, cloud and data technologies
Encompassing the entire spectrum of procurement and supply chain operations
Seamlessly integrating with all major ERP, F&A and back-end systems
Offering a scalable, flexible and secure infrastructure powered by Microsoft Azure
IDC MarketScape also named GEP a Leader in Procure-to-Pay Applications for the second time in a row.
Theme: Software and Technology
