Expands GEP’s unified procurement platform with the addition of sourcing solution to deliver greater value to customers
GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that Stockholm Exergi, the largest supplier of district heating (heat, cooling and electricity combined) in Sweden, went live on GEP SMART™ supplier management and contract lifecycle management solutions.
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Stockholm Exergi is now expanding the partnership with GEP SMART’s sourcing solution to find, evaluate, author and award contracts to suppliers and to more effectively partner with suppliers to deliver value. With an annual revenue of €700 million, Stockholm Exergi uses renewable and recovered energy to provide heat to its customers and plans to be carbon-negative ¾ capturing more CO2 than it emits ¾ by 2025. Stockholm Exergi is a leader in renewable energy. It uses GEP SOFTWARE™ to foster stronger relationships with suppliers and drive greater value to customers, shareholders and the environment.
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GEP SMART is a unified, cloud-native source-to-pay platform, built on a data-centric foundation with AI at its core and user-first design. GEP SMART enables global enterprises to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement and purchasing functions, while eliminating burdensome infrastructure and support costs to achieve maximum ROI.