Major US Commercial Bank Chooses Cloud-Native, Mobile-Native SMART by GEP Procurement Software

- One of the world's leading financial institutions selects GEP's unified procurement software platform to deliver comprehensive spend analysis and reporting capabilities

- SaaS-based SMART by GEP® is native to cloud, touch and mobile technologies

News provided by

GEP

Jun 02, 2016, 05:22 ET

CLARK, N.J., June 2, 2016 /PRNewswire/ -- GEP, a leading provider of procurement software and procurement services to Fortune 500 and Global 2000 enterprises worldwide, announced today that one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services has selected SMART by GEP procurement software, the industry's leading cloud-native sourcing and procurement software platform, to deliver complete reporting, analytical and spend visibility capabilities to support a global spend management program.

SMART by GEP's spend management software, is a complete, unified procurement platform which is native to cloud, touch and mobile technologies. Offered as Software-as-a-Service (SaaS), SMART by GEP^® leverages cloud economics to deliver a solution that easily handles the heaviest processing requirements of GEP's Fortune 500 and Global 2000 clients, while eliminating burdensome infrastructure and support costs.

SMART by GEP is easy to set up, deploy and use, with no extensive training required. All GEP products are platform-agnostic (they work with SAP, Oracle or any other major ERP or F&A system). And with superb support and service, GEP is an industry leader in customer satisfaction.

SMART by GEP provides complete source-to-pay functionality in one user-friendly, cloud-native platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities. The award-winning, SaaS-based S2P platform is native to touch and mobile technologies, enabling users to work anywhere, any time on any device.

About GEP

GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our clients' success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective procurement services and procurement technology that enable procurement leaders to maximize their impact on business operations, strategy and financial performance.

Honored as Best Supplier at the EPIC Procurement Excellence Awards, GEP regularly wins accolades as both a provider of a broad range of procurement services and innovative procurement software. Among its recent distinctions, GEP has been named Leader and Star Performer in Everest Group's PEAK Matrix of Procurement Services Providers, Leader in NelsonHall's NEAT Matrix of Global Procurement BPO Service Providers, Winner in the HfS Blueprint Report on Procurement Outsourcing Providers, Leader in the Kennedy / ALM Vanguard Report on Procurement Consulting, as well as one of Spend Matters 50 Companies to Know and to the Supply & Demand Chain Executive 100.

Clark, NJ-based GEP has 12 offices and operations centers in Europe, Asia and the Americas.

To learn more about our comprehensive range of consulting and outsourcing services, please visit www.gep.com. For more about SMART by GEP, our cloud-native sourcing and procurement software platform, please visit www.smartbygep.com

CONTACT

Al Girardi
Global VP, Marketing & Analyst Relations
GEP Worldwide
Phone: 732-382-6565
Email: [email protected]

SOURCE GEP