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SMART by GEP REVIEW

Procurement Software

No user reviews
USER SATISFACTION 98%
OUR SCORE 8.5

What is SMART by GEP?

SMART by GEP offers thriving enterprises and large multinationals with a handy, intuitive, all-around source-to-pay platform that enables companies to make better, quicker purchasing decisions. A cloud-native, unified solution, it features smart sourcing and procurement functionalities that guide clients in the entire source-to-pay lifecycle.

This integrated procurement software facilitates upstream and downstream intelligent procurement through unified tools for identifying opportunities, planning savings, running RFPs and auctions, contract negotiations, managing categories, issuing purchase orders, paying invoices, and growing customer relationships. It harnesses the latest technologies, including artificial intelligence, advanced analytics, machine learning, and big data to achieve business outcomes. SMART by GEP also consolidates, verifies, reports, and presents spend data from all source systems. It features a supplier management module that lets users strategize, delegate projects, and monitor stakeholder and supplier engagements. A comprehensive supplier-base intelligence, workflow management, pre-built templates, and version controls also cover all your bases in the entire project management cycle.

SMART by GEP is a global leader in procurement management solutions. With it, more than $1000 billion spends have been processed yearly over 120 countries. It boasts of hosting over 150,000 sourcing events per year and around 500,000 users every week.

The software is supported through iOS andAndroid and via the web. For more information on pricing and features, request a free demo from the vendor.

Overview of SMART by GEP Benefits

SMART by GEP is a one-platform, one-database, one-workspace solution. It drives operational excellence through its intuitive design, superb user experience, and the latest technologies to cover the entire procurement cycle. Here are the benefits of SMART by GEP:

Utilize data at its fullest

Real-time data provides crucial insights and is a key ingredient for successful strategic planning. SMART by GEP cleanses, verifies, and reports spend data from all source systems to provide you with precise information with item-level visibility across the enterprise. With SMART by GEP’s spend analysis capability, you can get an overview of what you’re spending, who spends and where and how, as well as ROI insight. Build a successful procurement team through a set of tools that let you navigate through a sea of data and leverage it for business intelligence.

Enable seamless transactions

With  SMART by GEP, you can establish effortless transactions among your legal, sales, procurement, and other stakeholders along the contract life cycle. Create, organize, and collaborate on your contract portfolio through a centralized database. You can administer, track, and manage these contracts’ performance and compliance. You can even set auto alerts and event reminders so you can anticipate renewals, reviews, or rebids.

Reduce business complexities

SMART by GEP gives you an intuitive dashboard displaying actionable insights on supplier performance. Seamlessly manage supplier information through a centralized portal where your suppliers can view and review their profiles, respond to surveys and assessments, as well as correspond for evaluating performance and compliances. It features qualitative and quantitative scorecards, survey forms and questionnaires, as well as action plans so you have a comprehensive understanding of supplier performance.

Unify order-to-invoice processes

Deliver a superb consumer-like purchase experience with SMART by GEP. You get access to a platform that lets buyers find out what they need through a unique, tailored process. Enable direct shopping from contracts or blanket orders. It also offers a Guided Buying module that lets buyers see items that may need organizing in a catalog. Users can make smart purchasing decisions through item comparisons, shopping carts, and order tracking.

It also features a powerful sourcing engine that fast-tracks sourcing and purchasing and its corresponding workflows, approval processes, and order cycle times.

Execute your sourcing strategies

Find the best supplier for your needs through the solution’s intuitive and user-friendly sourcing tools. With it, you can work across silos to identify and evaluate suppliers, author new RFPs and award contracts. Its RFP Authoring module lets you build multi-line proposals and quotes that come with ready-made templates and workflows. Its Sourcing Repository capability is top-notch as well, as it lets you effortlessly launch new RFI, RFQ, RFPs and electronic auctions.

Overview of SMART by GEP Features

  • Source agnostic
  • Data cleansing and validation
  • Artificial intelligence
  • Taxonomy agnostic
  • Quick-reference dashboard
  • Savings opportunity finder
  • Contract authoring
  • Source-to-pay integration
  • Contract intelligence
  • Contract repository
  • Compliance tracking and reporting
  • Auto alerts and event reminders
  • Supplier information management
  • Supplier performance management
  • Supplier intelligence
  • Easy registration and updates
  • Master data management
  • Easy requisition and purchasing
  • Catalogs
  • Purchase orders and tracking
  • Invoice management
  • Dynamic discounting
  • Comprehensive workflows
  • Collaborative RFP authoring
  • Supplier intelligence
  • Real-time auctions
  • Sourcing database and dashboards

Awards & Quality Certificates

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SMART by GEP Position In Our Categories

Position of SMART by GEP in our main categories:

20

SMART by GEP is one of the top 20 Procurement Softwareproducts

20

SMART by GEP is one of the 20
Procurement Software products


If you are interested in SMART by GEP it could also be beneficial to check out other subcategories of Best Procurement Software listed in our base of SaaS software reviews.

It is essential to keep in mind that almost no service in the Procurement Software category is going to be an ideal solution able to meet all the goals of various business types, sizes and industries. It may be a good idea to read a few SMART by GEP reviews first as certain software might perform well exclusively in a really small group of applications or be prepared with a really specific industry in mind. Others can function with a goal of being easy and intuitive and consequently lack complicated functionalities desired by more experienced users. You can also come across services that focus on a wide group of customers and offer a complex feature toolbox, but this in most cases comes at a more significant cost of such a service. Ensure you're aware of your requirements so that you purchase a service that has specifically the elements you search for.

How Much Does SMART by GEP Cost?

SMART by GEP Pricing Plans:
Free trial
Quote-Based Plan
Contact vendor

SMART by GEP is available by quote only. You need to contact the vendor for more details.

User Satisfaction

We realize that when you make a decision to buy Procurement Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and SMART by GEP reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with SMART by GEP. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

POSITIVE SOCIAL MENTIONS

18

NEGATIVE SOCIAL MENTIONS

1

Technical details

Devices Supported
  • Android
  • iPhone/iPad
  • Web-based
Language Support
  • English
Pricing Model
  • Quote-based
Customer Types
  • Large Enterprises
Deployment
  • Cloud Hosted

What Support Does This Vendor Offer?

  • EMAIL
  • PHONE
  • TICKETS

What are SMART by GEP pricing details?

SMART by GEP Pricing Plans:
Free trial
Quote-Based Plan
Contact vendor

SMART by GEP is available by quote only. You need to contact the vendor for more details.

What integrations are available for SMART by GEP?

The GEP platform is Microsoft-native, which means easy integration with Microsoft products such as SharePoint, Office, Outlook, etc

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