Case Study: Large Diversified US-Based Utility Company Achieves 42% Savings and Improved Contract Compliance with GEP

Large Diversified US-Based Utility Company - Customer Case Study

A large diversified U.S. utility serving over 1 million customers faced rising costs and stagnant revenue and engaged GEP to identify savings leakage in its Procure-to-Pay process.

GEP paired strategic sourcing with robust compliance and savings-tracking, piloting a category and supplier and comparing realized prices to contract terms using purchase order, accounts-payable and contract data. The work uncovered that in 50% of instances the client paid more than contracted (average variance 12%), and missed payment-term discounts up to 2%; after resolving root causes, the client realized significant verified savings (headline figure: 42%).