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News Article | May 9, 2017
Site: www.prnewswire.com

Basware Strategic Sourcing makes it easy to quickly identify, evaluate and select the right suppliers for a variety of business needs. Sourcing teams are more efficient and compliant in conducting sourcing events with a library of templates, sample questions and automated bid scoring with various evaluation formats, so they can focus on collaborating with key suppliers and driving more value for the business. By leveraging spend analytics from the P2P system for direct and indirect spending, sourcing and procurement teams are also equipped to right-size their supply base and negotiate favorable contracts. Ilari Nurmi, SVP, Purchase to Pay at Basware, explains: "As Basware is already a well-recognized global market leader in Purchase-to-Pay, strategic sourcing is the next logical step to provide to our customers. Basware's unique ability to achieve 100% user adoption of e-procurement with WeProcurement™ approach, 100% supplier on-boarding to the Basware Network and 100% spend capture creates a complete data set for our customers, and we want to empower them with more ways to use that information to their advantage." Ken Vanhoegaerden, Regional Supply Chain and Procurement Director, ISS World Services, says: "ISS has collaborated with Basware for many years to automate and increase both control and transparency across the purchase-to-pay process, and enhance supplier relationships with catalogues, e-orders and e-invoices. We are excited about the additional value strategic sourcing can provide us by forming a holistic source-to-pay process." Basware as an one-stop shop for the entire S2P process includes a collaborative e-sourcing solution, with agile eRFx and eAuction tools. The solution is augmented with Supply Base Management and Contract Management tools, making it easy to create contracts directly from sourcing events and turn them into electronic product catalogues within the e-procurement system. As a result, procurement teams are enabled to realize the negotiated savings and extract more value from the supply chain. Basware Strategic Sourcing enables significant efficiency and a faster time-to-value, as well as reduced supply chain risk. By transacting with suppliers over the Basware Network, organizations will be able to easily keep supplier and contract information up-to-date, facilitate open communication with suppliers and achieve transparency to better manage relationships. Both buyers and their suppliers will form more collaborative and mutually beneficial partnerships as a foundation for sustainable growth of their businesses. To learn more about Basware Purchase-to-Pay offering, visit: www.basware.com/P2P and Basware Strategic Sourcing offering, visit: www.basware.com/sourcing. Basware is the global leader in providing networked purchase-to-pay solutions, e-invoicing and innovative financing services. Basware's commerce and financing network connects businesses in over 100 countries and territories around the globe. As the largest open business network in the world, Basware provides scale and reach for organizations of all sizes, enabling them to grow their business and unlock value across their operations by simplifying and streamlining financial processes. Small and large companies around the world achieve significant cost savings, more flexible payment terms, greater efficiencies and closer relationships with their suppliers. Find out more at www.basware.com. Follow Basware on Twitter: @Basware, join the discussion on the Basware LinkedIn, Basware Facebook and Basware Blog and subscribe for the latest news. This information was brought to you by Cision http://news.cision.com http://news.cision.com/basware/r/basware-strengthens-its-purchase-to-pay-suite-with-strategic-sourcing,c2260815 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/basware-strengthens-its-purchase-to-pay-suite-with-strategic-sourcing-300454017.html


RESEARCH TRIANGLE PARK, N.C., May 09, 2017 (GLOBE NEWSWIRE) -- Fred Hutch, a world-renowned research and treatment institution in Seattle, has expanded its relationship with JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) solutions suite, to improve efficiency and accelerate cost savings by enhancing its procurement process and enterprise resource planning (ERP) system. Fred Hutch is home to three Nobel laureates and a place where interdisciplinary teams of world-renowned scientists seek new and innovative ways to prevent, diagnose and treat cancer, HIV/AIDS and other life-threatening diseases. It joins other healthcare facilities that have upgraded or streamlined their procurement and supplier management processes with JAGGAER. According to Mark Burch, Director of Material Management for Fred Hutch, a key benefit of adopting JAGGAER is its ability to integrate with its existing PeopleSoft-based ERP system and retain log-in and other security credentials. “JAGGAER replaces a number of other methods of product ordering, allowing us to make this key function more streamlined and cost effective,” said Burch. “JAGGAER provides several key components to completing the end-to-end automation of our source-to-settlement and chain of custody solutions here.” JAGGAER empowers customers to drive spend to preferred contracts and suppliers through enforcement of business drivers and has helped customers achieve savings of five percent or more on procured goods and services. Its on-demand eProcurement solutions help gain tighter control over supply chain spending, while supporting the purchasing needs of healthcare professionals and staffers throughout the organization. With ever-escalating costs a concern for healthcare organizations, many are eagerly pursuing ordering methods that improve efficiencies and reduce costs. Healthcare supplies represent a significant and increasing share of operating expense. The management and control of the supply chain can have a dramatic impact on the bottom line of a healthcare organization. “Healthcare facilities and research centers need to save money without compromising patient care or groundbreaking research,” said Rob Bonavito, CEO, JAGGAER. “JAGGAER plays a key role in helping the Fred Hutch streamline its ordering process. We believe the improvements in accuracy, timeliness and cost savings will pay dividends for medical professionals and the patients they serve.” Thanks to JAGGAER, users of the Center's ERP-centric solution are able to order from multiple vendors on one cart, electronically transmit orders and receive centralized email confirmations of orders. About JAGGAER  JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world's largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP.  Learn how our solutions can power your organization. www.JAGGAER.com  news@JAGGAER.com To join the conversation, please visit our blog at https://JAGGAER.com/blog/ or follow us on Twitter @JaggaerPro.


RESEARCH TRIANGLE PARK, N.C., May 09, 2017 (GLOBE NEWSWIRE) -- Fred Hutch, a world-renowned research and treatment institution in Seattle, has expanded its relationship with JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) solutions suite, to improve efficiency and accelerate cost savings by enhancing its procurement process and enterprise resource planning (ERP) system. Fred Hutch is home to three Nobel laureates and a place where interdisciplinary teams of world-renowned scientists seek new and innovative ways to prevent, diagnose and treat cancer, HIV/AIDS and other life-threatening diseases. It joins other healthcare facilities that have upgraded or streamlined their procurement and supplier management processes with JAGGAER. According to Mark Burch, Director of Material Management for Fred Hutch, a key benefit of adopting JAGGAER is its ability to integrate with its existing PeopleSoft-based ERP system and retain log-in and other security credentials. “JAGGAER replaces a number of other methods of product ordering, allowing us to make this key function more streamlined and cost effective,” said Burch. “JAGGAER provides several key components to completing the end-to-end automation of our source-to-settlement and chain of custody solutions here.” JAGGAER empowers customers to drive spend to preferred contracts and suppliers through enforcement of business drivers and has helped customers achieve savings of five percent or more on procured goods and services. Its on-demand eProcurement solutions help gain tighter control over supply chain spending, while supporting the purchasing needs of healthcare professionals and staffers throughout the organization. With ever-escalating costs a concern for healthcare organizations, many are eagerly pursuing ordering methods that improve efficiencies and reduce costs. Healthcare supplies represent a significant and increasing share of operating expense. The management and control of the supply chain can have a dramatic impact on the bottom line of a healthcare organization. “Healthcare facilities and research centers need to save money without compromising patient care or groundbreaking research,” said Rob Bonavito, CEO, JAGGAER. “JAGGAER plays a key role in helping the Fred Hutch streamline its ordering process. We believe the improvements in accuracy, timeliness and cost savings will pay dividends for medical professionals and the patients they serve.” Thanks to JAGGAER, users of the Center's ERP-centric solution are able to order from multiple vendors on one cart, electronically transmit orders and receive centralized email confirmations of orders. About JAGGAER  JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world's largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP.  Learn how our solutions can power your organization. www.JAGGAER.com  news@JAGGAER.com To join the conversation, please visit our blog at https://JAGGAER.com/blog/ or follow us on Twitter @JaggaerPro.


RESEARCH TRIANGLE PARK, N.C., May 09, 2017 (GLOBE NEWSWIRE) -- Fred Hutch, a world-renowned research and treatment institution in Seattle, has expanded its relationship with JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) solutions suite, to improve efficiency and accelerate cost savings by enhancing its procurement process and enterprise resource planning (ERP) system. Fred Hutch is home to three Nobel laureates and a place where interdisciplinary teams of world-renowned scientists seek new and innovative ways to prevent, diagnose and treat cancer, HIV/AIDS and other life-threatening diseases. It joins other healthcare facilities that have upgraded or streamlined their procurement and supplier management processes with JAGGAER. According to Mark Burch, Director of Material Management for Fred Hutch, a key benefit of adopting JAGGAER is its ability to integrate with its existing PeopleSoft-based ERP system and retain log-in and other security credentials. “JAGGAER replaces a number of other methods of product ordering, allowing us to make this key function more streamlined and cost effective,” said Burch. “JAGGAER provides several key components to completing the end-to-end automation of our source-to-settlement and chain of custody solutions here.” JAGGAER empowers customers to drive spend to preferred contracts and suppliers through enforcement of business drivers and has helped customers achieve savings of five percent or more on procured goods and services. Its on-demand eProcurement solutions help gain tighter control over supply chain spending, while supporting the purchasing needs of healthcare professionals and staffers throughout the organization. With ever-escalating costs a concern for healthcare organizations, many are eagerly pursuing ordering methods that improve efficiencies and reduce costs. Healthcare supplies represent a significant and increasing share of operating expense. The management and control of the supply chain can have a dramatic impact on the bottom line of a healthcare organization. “Healthcare facilities and research centers need to save money without compromising patient care or groundbreaking research,” said Rob Bonavito, CEO, JAGGAER. “JAGGAER plays a key role in helping the Fred Hutch streamline its ordering process. We believe the improvements in accuracy, timeliness and cost savings will pay dividends for medical professionals and the patients they serve.” Thanks to JAGGAER, users of the Center's ERP-centric solution are able to order from multiple vendors on one cart, electronically transmit orders and receive centralized email confirmations of orders. About JAGGAER  JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world's largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP.  Learn how our solutions can power your organization. www.JAGGAER.com  news@JAGGAER.com To join the conversation, please visit our blog at https://JAGGAER.com/blog/ or follow us on Twitter @JaggaerPro.


RESEARCH TRIANGLE PARK, N.C., May 09, 2017 (GLOBE NEWSWIRE) -- Fred Hutch, a world-renowned research and treatment institution in Seattle, has expanded its relationship with JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) solutions suite, to improve efficiency and accelerate cost savings by enhancing its procurement process and enterprise resource planning (ERP) system. Fred Hutch is home to three Nobel laureates and a place where interdisciplinary teams of world-renowned scientists seek new and innovative ways to prevent, diagnose and treat cancer, HIV/AIDS and other life-threatening diseases. It joins other healthcare facilities that have upgraded or streamlined their procurement and supplier management processes with JAGGAER. According to Mark Burch, Director of Material Management for Fred Hutch, a key benefit of adopting JAGGAER is its ability to integrate with its existing PeopleSoft-based ERP system and retain log-in and other security credentials. “JAGGAER replaces a number of other methods of product ordering, allowing us to make this key function more streamlined and cost effective,” said Burch. “JAGGAER provides several key components to completing the end-to-end automation of our source-to-settlement and chain of custody solutions here.” JAGGAER empowers customers to drive spend to preferred contracts and suppliers through enforcement of business drivers and has helped customers achieve savings of five percent or more on procured goods and services. Its on-demand eProcurement solutions help gain tighter control over supply chain spending, while supporting the purchasing needs of healthcare professionals and staffers throughout the organization. With ever-escalating costs a concern for healthcare organizations, many are eagerly pursuing ordering methods that improve efficiencies and reduce costs. Healthcare supplies represent a significant and increasing share of operating expense. The management and control of the supply chain can have a dramatic impact on the bottom line of a healthcare organization. “Healthcare facilities and research centers need to save money without compromising patient care or groundbreaking research,” said Rob Bonavito, CEO, JAGGAER. “JAGGAER plays a key role in helping the Fred Hutch streamline its ordering process. We believe the improvements in accuracy, timeliness and cost savings will pay dividends for medical professionals and the patients they serve.” Thanks to JAGGAER, users of the Center's ERP-centric solution are able to order from multiple vendors on one cart, electronically transmit orders and receive centralized email confirmations of orders. About JAGGAER  JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world's largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP.  Learn how our solutions can power your organization. www.JAGGAER.com  news@JAGGAER.com To join the conversation, please visit our blog at https://JAGGAER.com/blog/ or follow us on Twitter @JaggaerPro.


RESEARCH TRIANGLE PARK, N.C., May 22, 2017 (GLOBE NEWSWIRE) -- JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) suite, is launching a suite of solution bundles tailored specifically for the needs of multiple major industry verticals. Procurement industry analysts have cited specialized vertical solutions as the critical next step in the evolution of S2P spend solutions. The solutions will be rolled out on an aggressive cadence throughout 2017. JAGGAER is developing these solution bundles after extensive vertical customer interviews and industry analysis. Industries addressed include manufacturing, logistics, healthcare, retail, CPG and life sciences/pharma. JAGGAER currently provides the leading solution suite in higher education, and a specialized solution developed from the ground up for life sciences materials management. “Industries have specific needs that have been thus far met by customization of core software offerings. Our solution bundles reflect the next generation in the evolution of spend management: industry tailored feature sets that address vertical business challenges. This is the future of the spend solutions space,” says Robert Bonavito, JAGGAER CEO. Per Debbie Wilson, Research Vice President, Procurement Solutions & Strategies at Gartner, “Despite the enthusiasm for indirect P2P technology, e-procurement solution implementations have had a high failure rate…Gartner estimates that, since their advent in the late '90s, 50% of general-purpose e-procurement solution purchase implementations fail to meet expectations…The lingering problem is that, for many indirect spending categories, general-purpose e-procurement solutions lack sufficient work-stream-specific functionality to deliver an ROI.”* This observation is mirrored in the Spend Matters annual mega trends outlook, “ E-procurement has largely been ‘generic’ or ‘one-size-fits-all” to date in terms of how packages are sold and how they are used…it will be essential for providers to work with customers to build specific verticalization (sic) business cases.”** According to Forrester Research, “Vendors that understand the buy-side processes, challenges, and requirements of your industry can bring more value than a generic vendor.”*** JAGGAER currently provides solutions for many of the top companies in the verticals represented, including Vulcan Materials, WestJet, CEVA Logistics, Hologic, Lonza, FujFilm Diosynth Biotechnologies, Starbucks, Safeway, J.M. Smucker and Rite-Aid.  JAGGAER has over 600 customers globally with a supplier networks of 1.65 million conducting over $56 billion in transactions annually. The new solutions suites have been integrated into the 2017 roadmap that is driven by a monthly release schedule. *Gartner, Strategic Roadmap for Automating the Procure-to-Pay Process for Indirect Goods and Services refreshed Feb 13 2017 About JAGGAER  JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world's largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP.  Learn how our solutions can power your organization. www.JAGGAER.com  news@JAGGAER.com To join the conversation, please visit our blog at https://JAGGAER.com/blog/ or follow us on Twitter @JaggaerPro.  JAGGAER MEDIA CONTACT  news@JAGGAER.com


RESEARCH TRIANGLE PARK, N.C., May 22, 2017 (GLOBE NEWSWIRE) -- JAGGAER, producers of the world's most comprehensive Source to Pay (S2P) suite, is launching a suite of solution bundles tailored specifically for the needs of multiple major industry verticals. Procurement industry analysts have cited specialized vertical solutions as the critical next step in the evolution of S2P spend solutions. The solutions will be rolled out on an aggressive cadence throughout 2017. JAGGAER is developing these solution bundles after extensive vertical customer interviews and industry analysis. Industries addressed include manufacturing, logistics, healthcare, retail, CPG and life sciences/pharma. JAGGAER currently provides the leading solution suite in higher education, and a specialized solution developed from the ground up for life sciences materials management. “Industries have specific needs that have been thus far met by customization of core software offerings. Our solution bundles reflect the next generation in the evolution of spend management: industry tailored feature sets that address vertical business challenges. This is the future of the spend solutions space,” says Robert Bonavito, JAGGAER CEO. Per Debbie Wilson, Research Vice President, Procurement Solutions & Strategies at Gartner, “Despite the enthusiasm for indirect P2P technology, e-procurement solution implementations have had a high failure rate…Gartner estimates that, since their advent in the late '90s, 50% of general-purpose e-procurement solution purchase implementations fail to meet expectations…The lingering problem is that, for many indirect spending categories, general-purpose e-procurement solutions lack sufficient work-stream-specific functionality to deliver an ROI.”* This observation is mirrored in the Spend Matters annual mega trends outlook, “ E-procurement has largely been ‘generic’ or ‘one-size-fits-all” to date in terms of how packages are sold and how they are used…it will be essential for providers to work with customers to build specific verticalization (sic) business cases.”** According to Forrester Research, “Vendors that understand the buy-side processes, challenges, and requirements of your industry can bring more value than a generic vendor.”*** JAGGAER currently provides solutions for many of the top companies in the verticals represented, including Vulcan Materials, WestJet, CEVA Logistics, Hologic, Lonza, FujFilm Diosynth Biotechnologies, Starbucks, Safeway, J.M. Smucker and Rite-Aid.  JAGGAER has over 600 customers globally with a supplier networks of 1.65 million conducting over $56 billion in transactions annually. The new solutions suites have been integrated into the 2017 roadmap that is driven by a monthly release schedule. *Gartner, Strategic Roadmap for Automating the Procure-to-Pay Process for Indirect Goods and Services refreshed Feb 13 2017 About JAGGAER  JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world's largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP.  Learn how our solutions can power your organization. www.JAGGAER.com  news@JAGGAER.com To join the conversation, please visit our blog at https://JAGGAER.com/blog/ or follow us on Twitter @JaggaerPro.  JAGGAER MEDIA CONTACT  news@JAGGAER.com


News Article | April 26, 2017
Site: tech.eu

French spend and procurement management software company Ivalua has raised $70 million from private equity firm KKR. Ivalua’s cloud-based software, like its Source-to-Pay (S2P) platform, is used by companies to manage spending and procurement in one platform. Its customer base includes large clients such as Honeywell, the City of New York, and Deutsche Telekom. “The spend management software market is undergoing a huge transformation, coming out from under the shadow of better-known SaaS sectors. Ivalua is a success story in this strategic market,” said David Khuat-Duy, CEO of the company, which is now headquartered in California. The investment from KKR will accelerate the company’s software development as well as help improve its reach into other markets. The market for spend management software is worth nearly $25 billion, said Lucian Schoenefelder, director at KKR. “The market is currently at an interesting inflection point away from really niche solution providers to more full suite providers like Ivalua; at the same time away from legacy on-premise ERP linked software towards more flexible cloud solutions,” he told Tech.eu. KKR will assist Ivalua with its growth in Europe and the US with an eventual push into the Asian market as well as provide business connections for its software. “We have a big portfolio of around 120 companies, mostly PE-backed companies, that are large and profitable and have significant spend,” explained Schoenefelder. These are all companies that need to manage their procurement costs and may use Ivalua, he added. Ivalua previously raised €3 million from Ardian (formerly Axa Private Equity) in 2011, who remain shareholders in the company.


News Article | June 1, 2017
Site: www.prnewswire.co.uk

CLARK, New Jersey, June 1, 2017 /PRNewswire/ -- GEP, a leading provider of procurement software and procurement services to Fortune 500 and Global 2000 enterprises worldwide, announced today that Forrester Research has placed SMART by GEP® procurement software — the industry's leading cloud-native sourcing, procurement and spend management software platform — in a leadership position in its new report entitled "The Forrester WaveTM: eProcurement Q2 2017." The report analyzed capabilities and customer experiences of procure-to-pay solutions across the entire sector. In the report, Forrester Research said: "The product name, SMART by GEP sums up its approach: using software to help customers' employees make better, faster buying decisions … Leaders who choose GEP's suite will get a P2P solution that is consistently good across most criteria. GEP is a good option for … large multinationals that want intelligent software for both upstream and downstream, in a single, cost-effective ePurchasing suite." The full report is available for download at www.smartbygep.com/eprocurement2017 SMART by GEP is a complete, unified source-to-pay software platform that unifies all the functions of procurement and purchasing in a single product that is native to cloud, touch and mobile technologies. 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. SMART by GEP is platform-agnostic (it works 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, cloud-native S2P platform is also native to touch and mobile technologies, enabling users to work anywhere, any time on any device. GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. Fresh thinking, innovative products, unrivaled domain and subject expertise, and smart, passionate people – this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. With 12 offices and operations centers in Europe, Asia and the Americas, Clark, New Jersey-based GEP helps enterprises worldwide realize their strategic, operational and financial objectives. Named Best Supplier at the EPIC Procurement Excellence Awards, GEP is frequently honored as an innovator and leading provider of source-to-pay procurement software by top industry and technology analysts, such as Forrester, Gartner, Spend Matters, Paystream and Ardent Partners. GEP also earns top honors in consulting and managed services from the industry's leading research firms, professional associations and journals, including Everest Group on its PEAK Matrices of Procurement Services Providers and Supply Chain Services Providers; NelsonHall on its NEAT Matrix of Global Procurement BPO Service Providers; HfS in its Blueprint Report on Procurement-as-a-Service; and ALM Intelligence in its Vanguard Reports on both Procurement Consulting and Supply Chain Consulting. To learn more about our comprehensive range of strategic and managed services, please visit www.gep.com. For more about SMART by GEP, our cloud-native, unified source-to-pay platform, please visit www.smartbygep.com.


News Article | June 1, 2017
Site: www.prnewswire.com

In the report, Forrester Research said: "The product name, SMART by GEP sums up its approach: using software to help customers' employees make better, faster buying decisions … Leaders who choose GEP's suite will get a P2P solution that is consistently good across most criteria. GEP is a good option for … large multinationals that want intelligent software for both upstream and downstream, in a single, cost-effective ePurchasing suite." The full report is available for download at www.smartbygep.com/eprocurement2017 SMART by GEP is a complete, unified source-to-pay software platform that unifies all the functions of procurement and purchasing in a single product that is native to cloud, touch and mobile technologies. 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. SMART by GEP is platform-agnostic (it works 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, cloud-native S2P platform is also native to touch and mobile technologies, enabling users to work anywhere, any time on any device. GEP helps global enterprises operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value. Fresh thinking, innovative products, unrivaled domain and subject expertise, and smart, passionate people – this is how GEP creates and delivers unified business solutions of unprecedented scale, power and effectiveness. With 12 offices and operations centers in Europe, Asia and the Americas, Clark, New Jersey-based GEP helps enterprises worldwide realize their strategic, operational and financial objectives. Named Best Supplier at the EPIC Procurement Excellence Awards, GEP is frequently honored as an innovator and leading provider of source-to-pay procurement software by top industry and technology analysts, such as Forrester, Gartner, Spend Matters, Paystream and Ardent Partners. GEP also earns top honors in consulting and managed services from the industry's leading research firms, professional associations and journals, including Everest Group on its PEAK Matrices of Procurement Services Providers and Supply Chain Services Providers; NelsonHall on its NEAT Matrix of Global Procurement BPO Service Providers; HfS in its Blueprint Report on Procurement-as-a-Service; and ALM Intelligence in its Vanguard Reports on both Procurement Consulting and Supply Chain Consulting. To learn more about our comprehensive range of strategic and managed services, please visit www.gep.com. For more about SMART by GEP, our cloud-native, unified source-to-pay platform, please visit www.smartbygep.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gep-ranked-leader-in-forrester-researchs-latest-eprocurement-p2p-software-report-300466767.html

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