SMART by GEP 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 SMART by GEP among top contract lifecycle management providers.
SMART by GEP 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 SMART by GEP 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 SMART by GEP. 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. SMART by GEP, 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.