GEP SMART IN ACTION

1000

New Contracts Per Month

A large multinational corporation has implemented GEP SMART Contract Management across multiple businesses and locations. Migrated over 20,000 historical contracts, adding over 1,000 new contracts per month

$50

Billion in Spend 140 Countries

A multinational corporation has used GEP SMART Spend Analysis to launch a global spend visibility program. The program involves over $50 billion of spend across more than 140 countries and multiple parallel taxonomies

100+

Concurrent Saving Projects

Hundreds of users in a large multinational company across 15 countries are collaborating on tactical and strategic savings projects using GEP SMART Spend Analysis, Savings Tracking and Sourcing. Over 100 concurrent savings projects are running at any given time

1,000+

Business Units Contributing to Spend

Global spend analysis programme with more than 1,000 self-contained business units contributing to one overall spend landscape. GEP SMART is helping the organization improve spend visibility and identify opportunities for savings through strategic sourcing

120

Million Invoices

That’s a lot of invoices and a lot of data to process. GEP SMART spend analysis brought all that data together into one organized, classified and easy to access business intelligence solution for one of the world’s largest and most innovative companies

20,000

Paper Contracts

That means poor contract visibility, compliance and savings. A Fortune 500 client migrated all these contracts into GEP SMART contract management in a digital format. They can now be searched, interrogated and deployed to drive compliant purchases, more savings and higher efficiencies

500

Million Transactions

Now that’s some heavy lifting. Every year, GEP SMART processes 60 million transactions through the spend analysis solution for one client alone. The total number of transactions done through GEP SMART cross well over 500 million, and are growing rapidly

850+

Sources of Spend Data

A large multinational client had more than 850 different sources of raw spend data. With GEP SMART spend analysis, the client can now receive raw spend data from hundreds of sources and process it effectively to get full visibility of complete, classified, and cleansed global spend

300+

Auctions Every Month

GEP SMART is helping a large global enterprise drive higher savings and value through strategic sourcing by hosting more than 300 auctions every month. The auctions are held for various categories, involving multiple suppliers spread across different regions simultaneously