Case Study: Fortune 500 Oil & Gas Company achieves 15% improvement in procurement ROI and 20% increase in eSourcing adoption with GEP

How a Fortune 500 Oil & Gas Major Partnered With GEP To Achieve a 15% Jump in Procurement ROI

A Fortune 500 oil and gas major with operations in 100+ countries was hindered by 15 legacy, custom procurement systems that created data siloes, poor contract visibility and an inefficient approval process (more than 70 approvals), preventing strategic category management and slowing business processes.

GEP consolidated those systems into two S2P platforms, rolled out sourcing followed by procure-to-pay, digitized contracts at all plant sites, built negotiated catalogs and deployed GEP Intelligent Category Management with AI-driven alerts and market intelligence—delivering a unified data model, 20% higher eSourcing adoption, a 15% improvement in procurement ROI, increased spend under management and real-time procurement insights.