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GEP SMART Review

GEP SMART
Our score: 8.5 User satisfaction: N/A

What is GEP SMART?

GEP SMART 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. GEP SMART 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.

GEP SMART 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 and Android and via the web. For more information on pricing and features, request a free demo from the vendor.

Overview of GEP SMART Benefits

GEP SMART 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 GEP SMART:

Utilize data at its fullest

Real-time data provides crucial insights and is a key ingredient for successful strategic planning. GEP SMART cleanses, verifies, and reports spend data from all source systems to provide you with precise information with item-level visibility across the enterprise. With GEP SMART’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  GEP SMART, 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

GEP SMART 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 GEP SMART. 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 GEP SMART 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

An award given to products our B2B experts find especially valuable for companies
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.
This award is given only to top B2B products and represents the highest possible level of service. It highlights the vendor’s extensive knowledge of the industry they’re selling to and the needs of their customers.

GEP SMART Position In Our Categories

Keeping in mind companies have distinct business-related wants, it is only logical that they steer clear of preferring a one-size-fits-all, ”best” software product. Regardless, it is difficult to try to stumble on such application even among sought-after software products. The better step to do would be to list the various critical aspects that merit scrutiny such as major features, costing, technical skill competence of staff, business size, etc. Next, you should conduct the product research to a full extent. Go over some of these GEP SMART reviews and look into each of the software systems in your list more closely. Such well-rounded research ascertain you drop ill-fitting software solutions and select the system that offers all the aspects your business requires.

Position of GEP SMART in our main categories:

TOP 50

GEP SMART is one of the top 50 Procurement Software products

If you are interested in GEP SMART it may also be sensible to investigate other subcategories of Procurement Software collected in our base of SaaS software reviews.

It is essential to realize that almost no software in the Procurement Software category is an ideal solution that can fulfill all the goals of different company types, sizes and industries. It may be a good idea to read a few GEP SMART Procurement Software reviews first as some solutions can perform well only in a very small set of applications or be designed with a really specific type of industry in mind. Others may work with a goal of being simple and intuitive and as a result lack advanced features needed by more experienced users. You can also find solutions that support a wide group of users and offer a powerful feature toolbox, but this usually comes at a higher cost of such a software. Make sure you're aware of your requirements so that you choose a service that offers specifically the elements you look for.

How Much Does GEP SMART Cost?

GEP SMART Pricing Plans:

Free Trial

Quote-Based Plan

Contact vendor

GEP SMART is available by quote only. Please contact the vendor for more details.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

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 GEP SMART 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 GEP SMART. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Screenshots

Technical details

Devices Supported

  • Android
  • iPhone/iPad
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • Chinese
  • Spanish
  • French

Pricing Model

  • Quote-based

Customer Types

  • Large Enterprises

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are GEP SMART pricing details?

GEP SMART Pricing Plans:

Free Trial

Quote-Based Plan

Contact vendor

GEP SMART is available by quote only. Please contact the vendor for more details.

What integrations are available for GEP SMART?

GEP SMART integrates with SAP, Oracle, JD Edwards and all major and most minor ERP and AP systems.

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Reviewed By Jenny Chang
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