GEP SMART™ Named a Leader for Buy-Side Contracts and a Strong Performer for Sell-Side Contracts in the Forrester Contract Life Cycle Management Wave Report
Forrester Research’s 2016 Wave report for Contract Life Cycle Management evaluates GEP SMART among top contract lifecycle management providers.
GEP SMART ticks off all the boxes for a competitive CLM solution, with strengths in contract approval and contract fulfillment tracking, and clients report strong usability. The GEP CLM product along with the rest of GEP SMART suite will be a good choice for a CPO that wants a market-leading suite.
– The Forrester Wave™: Contract Life-Cycle Management, Q3 2016
Integral to the full source-to-pay platform, contract management plays a pivotal role in the unified procurement process enabled by GEP SMART. In the past, contract management software has been viewed in isolation by many procurement organizations as most systems had little or no connection to the rest of the process. GEP SMART, on the other hand, has the contract at the heart of the process connected to the sourcing event which led to the contract and to the ongoing purchasing activity enabled by it.
Unifying the procurement process into a single software solution ensures that procurement professionals, attorneys, suppliers and finance teams can collaborate in creating a robust contract and make use of it to the greatest advantage for all.