- ISG cites GEP's ability to address complex categories in
direct and indirect sourcing and spend management, and continued
success in large engagements
- GEP also recognized as leader in recently announced ISG
study for procurement software and services
- Cements GEP as the ideal global partner for transforming
procurement, supply chain and business operations
CLARK,
N.J., April 18, 2023 /PRNewswire/ --
GEP®, a leading provider of procurement and supply chain
software to Fortune 500 and Global 2000 enterprises worldwide,
announced today that it has been named a Leader in the ISG Provider
Lens™ – Business Process Outsourcing (BPO) and Transformation
Services 2023, for the third year in a row. GEP is named a Leader
in all four categories:
- BPO Services ― for 'Large Accounts' and Midmarket'
- Transformation Consulting Services ― 'Large Accounts' and
'Midmarket'
GEP's chief marketing officer, Al
Girardi, explained, "At a time when business is transforming
procurement to mitigate inflation and global uncertainty, GEP's
ability to integrate consulting, managed services and software
makes us the ideal strategic partner for companies' driving
competitive advantage, resilience, cost savings and shareholder
value. GEP is the only firm globally that provides end-to-end
procurement and supply chain strategy, managed services and
technology solutions under one umbrella, providing one-handshake
solution for clients."
GEP is positioned as a 'Leader' in this study and in the
recently released ISG Provider Lens 2023™ – Procurement Software
Platforms and Solution 2023, stating "GEP is almost completely
self-contained, providing all the software platforms, tools and
services required to optimize procurement operations for
customers."
According to the ISG Provider Lens lead analyst, Bruce Guptill, "GEP's leadership in this
quadrant builds on its ability to address complex categories in
direct and indirect sourcing and spend management, their continued
success in large engagements and expertise integrated with an
industry-leading platform suite."
Download a complimentary copy of these reports, which evaluate
providers of transformation services, and the software platforms
and tools enterprises use to transform procurement:
- ISG Provider Lens™ – Procurement Business Process Outsourcing
(BPO) and Transformation Services 2023
- ISG Provider Lens 2023™ – Procurement Software Platforms and
Solution 2023
ISG Provider Lens™ – Procurement BPO and Transformation Services
2022 Global cites GEP strengths as:
- Proprietary platform and software modules: GEP's
procurement BPO and transformation services build around its GEP
SMART procurement platform and associated GEP NEXXE supply chain
management, GEP CLICK cloud
integration platform and GEP
MINERVA, a cognitive, AI-enabled data management and
decision support platform.
- Autonomous and cognitive sourcing: Integration with its
GEP MINERVA cognitive platform,
including AI-enhanced master data management, helps GEP deliver
more efficient direct and indirect spend management.
- Improving direct sourcing and spend management: GEP has
spent considerable time and money improving direct sourcing
management in its GEP SMART platform, helping clients not only
unify spend management but also mitigate supply chain-driven
business disruptions.
- Touchless procure-to-pay operations: GEP focuses on more
streamlined integration of UI/UX, applications and data within and
across procurement (and supply chain) operations to enable optimal
automation and reduce human interaction with processes.
ISG Provider Lens™ – Procurement Platforms 2022 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 (SCM). 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.
About ISG Provider Lens™ Research
The ISG Provider
Lens™ Quadrant research series is the only service provider
evaluation of its kind to combine empirical, data-driven research
and market analysis with the real-world experience and observations
of ISG's global advisory team. The research currently covers
providers offering their services globally, across Europe and Latin
America, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New
Zealand, with additional markets to be added in the future.
For more information about ISG Provider Lens™ research, please
visit this webpage. ISG (Information Services Group)
(Nasdaq: III) is a leading global technology research and
advisory firm with more than 700 clients, including more than 75 of
the world's top 100 enterprises. For more information,
visit www.isg-one.com.
About GEP
GEP® delivers transformative
supply chain solutions that help global enterprises become more
agile and resilient, operate more efficiently and effectively, gain
competitive advantage, boost profitability and increase shareholder
value.
Fresh thinking, innovative products, unrivaled domain expertise,
smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™
and GEP MANAGED SERVICES™ together deliver supply chain solutions
of unprecedented scale, power and effectiveness. Our customers are
the world's best companies, including hundreds of Fortune 500 and
Global 2000 industry leaders who rely on GEP to meet ambitious
strategic, financial and operational goals.
A leader in multiple Gartner Magic Quadrants, GEP's cloud-native
software and digital business platforms consistently win awards and
recognition from industry analysts, research firms and media
outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters.
GEP is also regularly ranked a top supply chain consulting and
strategy firm, and a leading managed services provider by ALM,
Everest Group, NelsonHall, IDC, ISG and HFS, among others.
Headquartered in Clark, New
Jersey, GEP has offices and operations centers across
Europe, Asia, Africa
and the Americas. To learn more, visit www.gep.com.
GEP Media Contact
Derek
Creevey
Director
Phone: +1 732-382-6565
Email: derek.creevey@gep.com
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SOURCE GEP