Company Information
HQ
Clark, NJ
Founded
1999
Market
Contract Lifecycle Management
Solution
GEP SMART Contract Management
Representative
Customers
Macy's, University of California, Honda, General Mills, Dupont, Kellogg's, Brooks Brothers, Biogen, Party City
Ideal Customer
Profile
Large enterprises across retail/CPG, energy, and financial services verticals who need a full source-to-pay procurement management platform that includes buy-side CLM functionality will find a good fit with GEP SMART.
Company Size
This solution is a fit for large enterprises with revenues of $1B+.
Business Model
Technology Ecosystem(s)
The solution is built in Microsoft Azure.
Primary Users
Business
IT
Sales
Procurement
HR
Legal
GEP SMART is designed to link together legal teams with procurement.
Investment Level
GEP implementations tend to have a higher services component and on-going professional services engagement.
Agility
This solution is somewhat agile, but takes longer than expected to implement for many customers.
Complexity
GEP offers a medium complexity CLM solution.
Geographies
North America
Latin America
EU
ME
Africa
Japan
Asia
Australia /NZ
This solution is a fit for global organizations and serves customers in all geographic regions.
Orientation of CLM
GC
Legal Ops
Buy Side
Sell Side
Enterprise
GEP SMART is essentially a procurement management platform, and the Contract Management application is designed for buy-side CLM applications.
Top 3 Verticals
Retail
Large retail and CPG suppliers are a primary focus of GEP CLM solution.
Utilities
Utilities providers are another focus area of this solution.
Financial Services
Banks and other financial services providers will also find a fit with GEP.
Analyst Notes
Large, global enterprises across retail/CPG, energy, and financial services who need a full source-to-pay/procurement management platform that includes buy-side CLM functionality will find an ideal fit with GEP SMART. The Contract Management solution links with Spend Analysis, Savings Tracking, Sourcing, Supplier Management, and Procure-to-Pay applications to form the GEP SMART source-to-pay suite. The Contract Management product is a buy-side CLM solution with basic functions of Stage 3-4 CLM maturity, including authoring, approvals, monitoring, alerting, et al. Solution builds a repository and offers a standard library of clauses and templates, with good integration between sourcing events and contracts.
This solution may not be a good choice for multi-use case contexts involving sales, OGC, et al. The company is privately held, profitable, and has a primary focus on supply chain and strategic procurement applications and services. As a services and software company, it is more willing than others to tailor solutions to individual customer needs.
