How does GEP SMART help with strategic sourcing activities?

GEP SMART’s sourcing function can help enterprises engage with the right suppliers across major categories to drive best-value deals aligned with strategic sourcing milestones. GEP SMART’s e-sourcing function can be used to collaborate across offices to evaluate suppliers, author RFPs, streamline RFx-to-award cycles, and execute sourcing events like e-auctions. GEP SMART, being a unified procurement software, can enable the automation of transforming winning bids to contracts and can initiate the contract management and supplier management processes once the sourcing process is complete.

Can I buy and implement only the sourcing function of GEP SMART?

GEP SMART is a unified, cloud-native procurement platform capable of automating not just your sourcing operations but your complete source-to-pay (S2P) cycle – from spend analysis to accounts payable and savings tracking. Customers do not have to subscribe to the entire platform or just be limited to single-function, stand-alone applications that you might find in on-premises software. Choosing GEP SMART means can you can take advantage of every function of the unified procurement platform or just the ones you need for your organization right now.

How long does it take to implement the sourcing function?

As GEP SMART is a cloud-native procurement platform, implementation is all about configuring the software for your specific requirements. The time required for this varies with each deployment and largely depends on the number of users, geographical locations and the number of suppliers that need to be configured in the software. Customers can go live and host sourcing events on GEP SMART in just a few weeks.

Can I compare different suppliers using the sourcing function?

Of course. GEP SMART is designed to align with your strategic sourcing process and allow you to compare different suppliers, their proposals and any criteria that you determine as part of your selection process. In fact, in GEP SMART, your supplier database and your sourcing database are one and the same – allowing you access to detailed supplier profiles, scorecards and past performance data throughout the sourcing process. Users can search and analyze the supplier database before including a supplier in a sourcing event or even add new suppliers to their RFx.

Can I host online or e-auctions using GEP SMART?

Yes. Using GEP SMART, customers can host online or e-auctions and enable real-time bidding supported by different lotting strategies, extension rules, safety nets, and other advanced features of the software that allow complete control over the auction. Event managers using GEP SMART can pre-qualify suppliers for participation in auctions by leveraging the in-built supplier information management function and following a series of automated processes.

Do you provide any sourcing support?

Yes. Following deployment of GEP SMART, the supplier onboarding phase is initiated to link suppliers to the procurement platform. We also assist you in creating RFXs and running auctions until you are comfortable doing it on your own. The software is designed to allow intuitive navigation, but for processes in which you need assistance, our experts will be available to help you achieve what you want.

How do suppliers connect to GEP SMART during the bidding process?

When selecting suppliers for your sourcing event, you can either pick them from your supplier database or onboard new suppliers through your predefined supplier registration, enrolment and categorization process. These suppliers can connect to the sourcing event through GEP SMART’s supplier portal.

Can I access all my sourcing activities at one place?

Yes. GEP SMART’s sourcing dashboard gives you comprehensive, real-time visibility of all your sourcing events — RFIs, RFPs, RFQs, and auctions — across the enterprise. This sourcing dashboard also lets you drill down, filter and select the parameters that you need to see to optimize your process or achieve cost-reduction. You can also create and share reports, graph or chart you need using GEP SMART’s reporting function. In fact, being a cloud-based platform, GEP SMART also offers the inherent benefit of being accessible anytime, anywhere and on any device.

Sourcing Software Solution with Strategic Sourcing Platform

Name: GEP Quantum Intelligence Sourcing
Rating: 4.4 (3 reviews)

Sourcing teams lose time chasing suppliers, rebuilding spreadsheets and jumping between disconnected tools.

GEP Quantum Intelligence (Qi) turns sourcing into a high-speed, connected flow. Applying intelligence across intake, bids and award decisions, events move faster, supplier responses are evaluated in real time and optimal award scenarios emerge as they happen. It’s not just an RFx tool — it’s a decision engine that keeps awards aligned to cost, risk and performance.

The Sourcing Experience Your Team Has Been Missing

Events That Move at Your Speed

Go from intake to live event in minutes. The Quick Quote and Strategic RFP agents eliminate the setup tax, turning requests into structured, ready-to-launch RFx events automatically.

The Best Choice, Made Obvious

The Response Summarization and Negotiation Agent evaluates bids and surfaces the strongest suppliers with side-by-side analysis based on your specific value drivers.

Savings Show Up in Every Event

The Auction Agent drives competitive bidding using real-time market signals and live auctions to strip away supplier padding and surface true market pricing.

Orchestrated Sourcing, Powered by Agentic Intelligence

GEP Quantum Intelligence orchestrates sourcing activity as it unfolds, keeping intake, bid analysis and award decisions connected across the event lifecycle. Intelligent agents analyze bids, score suppliers and model scenarios in real time so teams can act quickly, create stronger competition and award with clarity.

Everything You Need for Faster, Clearer Sourcing

Start with a clean, ready-to-run event

AI turns intake requests into structured RFx events without the back-and-forth.

Launch events in minutes

Guided steps and templates reduce setup to a few quick choices.

See the strongest suppliers side by side

AI organizes bids, scores performance and highlights key differences as responses come in

Get clear award scenarios instantly

Agentic intelligence models price, risk and performance tradeoffs so your best option stands out

Create real competition

Live auctions powered by AI-driven scoring surface true market pricing and reduce supplier padding.

Move straight to contract

Awarded suppliers flow directly into contracting with AI streamlining the handoff.

The flexibility of the solutions is a real advantage for us because our sourcing initiative will continue to evolve and we believe that GEP's procurement technology can accommodate these changes.

GEP Quantum Intelligence in action

Learn more

600$

Billion in Spend 140 Countries

+1000

New Contracts Per Month

+10000

Vendors Across Multiple Countries

One Front Door to Procurement

Everyone talks about AI in procurement. GEP Quantum Intelligence makes it real. Agents extract quotes, run sourcing events, negotiate with suppliers and enforce compliance. Users type what they need. It orchestrates everything.

Most platforms add AI to steps. GEP Quantum Intelligence connects agentic AI across the source-to-pay process so work gets done end to end.