Spend Matters 50/50: GEP – A Provider To Know in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about GEP.

"GEP is the proverbial Swiss Army knife of the procurement world. Founded back in 1999, and boasting a global workforce of over 1,500 worldwide, GEP is a true global services provider that offers Software-as-a-Service (SaaS), transformation as a service (i.e., consulting), business processes as a service (i.e., outsourcing) and everything in between. It would be easy to characterize GEP as a jack of all trades, master of none, but quite the contrary. GEP has survived and thrived because of a single trade: global procurement services with a relentless customer focus."

And in Europe, the firm is slowly but steadily expanding its reach, with  consultants on the ground in Europe and offshored capability in Shanghai, Prague and Mumbai handling research and market intelligence type work. Associates are also used when the firm needs to gear up for larger assignments. And we wrote recently about their new relationship with iconic ex P&G CPO, Rick Hughes - a vote of confidence in the firm, without a doubt.

You can read more detail from the Spend Matters US team here

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