With the demands on procurement becoming ever more urgent, CPOs in nearly all industries are coming around to the value of going digital.
GEP Named Best P2P Technology Solutions Provider at World Procurement Awards
GEP was recently named the Best P2P (procure-to-pay) Technology Solutions Provider at the World Procurement Awards. The award recognized SMART by GEP — the only cloud-native, unified source-to-pay platform in the industry — as the best technology solution capable of delivering comprehensive P2P process improvements and exceptional results to procurement organizations based globally.
The company was also nominated in the “Best New Procurement Technology” and “Best New Procurement Consultancy Project” categories.
Subhash Makhija, chief executive officer and co-founder of GEP, said “This award validates the broad recognition of SMART by GEP as the best, most effective digital procurement platform for complex global enterprises seeking transformational results.” He added, “What’s more, the award itself marks the passion of GEP people to deliver the best products to our customers. It is further recognition of the talent, hard work and dedication of our product development teams, designers, developers and engineers — some of the brightest and best innovators in the entire field. This award belongs to them as much as anyone.”
Al Girardi, vice president of marketing and analyst relations at GEP, observed that the SMART by GEP platform had topped the entries of “several longtime category incumbents and a software behemoth or two.”
GEP is frequently honored as an innovator and leading provider of source-to-pay procurement software by leading industry and technology analysts, such as Gartner, Forrester, Procurement Leaders, IDC, Spend Matters, PayStream and Ardent Partners. It was named Best Supplier at the EPIC Procurement Excellence Awards.
GEP also earns top honors in consulting and managed services from the industry’s leading research firms, journals and professional associations, including Everest Group on its PEAK Matrices of Procurement Services Providers and Supply Chain Services Providers; HfS in its Blueprint Report on Procurement as a Service; NelsonHall on its NEAT Matrix of Global Procurement BPO Service Providers; IDC in its MarketScape report on Procurement as a Service; and ALM Intelligence in its Vanguard Reports on both Procurement Consulting and Supply Chain Consulting.