GEP Named A Leader In Procurement Software Platforms By Leading Analyst Firm ISG, For Third Year In A Row

• Named leader for both ‘Large’ and ‘Midmarket’ accounts

• Establishes GEP as the ideal global partner for transforming procurement, supply chain and business operations

GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that it has been named Leader in the ISG Provider Lens 2023™ – Procurement Software Platforms and Solution 2023, for both ‘Large Accounts’ and ‘Midmarket,’ for the third year in a row.

ISG Provider Lens lead analyst Bruce Guptill explains, “GEP continues to lead procurement markets through its software-plus-services portfolio advances including direct sourcing expertise, and low-code/no-code application integration and configuration, and improving integration with supply chain management.”

“Unlike ERP solution providers that require required staggering, multi-year investments, trapping frustrated companies in perpetuity, GEP combines GEP SOFTWARE™, the leading AI-powered procurement and supply chain platform, with GEP STRATEGY™ and GEP MANAGED SERVICES™, providing companies with a single strategic global partner to drive competitive advantage, resilience, cost savings and shareholder value,” said Al Girardi, GEP’s chief marketing officer.

Read More: Ironclad Named A Leader In The IDC MarketScape On Buy-Side Contract Life-Cycle Management

Download a complimentary copy of ISG Provider Lens™ – Procurement Platforms 2023, which cites GEP SOFTWARE strengths as:

• Software-plus-services leadership: The company’s software platforms and associated tools are complemented by its own procurement and supply chain consulting, transformation, implementation and managed services.
• Direct and indirect sourcing: GEP has outpaced most in advancing capabilities in direct materials category management, sourcing and procurement, a strong advantage for clients seeking to optimize direct sourcing to prevent supply chain disturbances and to minimize disruption.
• Multi-platform, unified, AI-driven procurement and supply chain platform: GEP SMART™ (procurement), GEP NEXXE™ (supply chain), and SPECTRUM solutions enable management, automation, analytics and unified UX and data from procurement source-to-procure (S2P) through supply chain management. The GEP MINERVA™ proprietary AI and ML engine enables cross-solution, cross-organization data analytics and decision support. GEP CLICK™ acts as a cloud-based, low-code/no-code integration layer with third-party data, applications and service providers.

Read More: SalesTechStar Interview with Krish Mantripragada, Chief Product Officer at Seismic