Case Study: World's Largest Insurance Company achieves automated, streamlined procurement and major cost & time savings with GEP's cloud-based RFx & Auction solution

World's Top Insurance Company Turns to GEP for Streamlined Procurement Solutions

One of the world’s largest diversified insurance and financial services organizations in the US (A+ by A.M. Best) faced mounting complexity in producing high volumes of multi-format print materials. Its printing group was managing concurrent jobs across more than 600 potential vendors with a highly manual RFP and bid-tracking process that required over 20 people, lacked standardized reporting, and could not scale.

GEP deployed its cloud-based GEP RFx and GEP Auction SaaS tools to automate the RFx-to-award cycle—enabling one-click publishing, standardized supplier responses, secure single-sign-on, online auctions, and executive reporting and analysis. The integrated solution now manages 600+ vendors, reduced required internal staff from 20+ to 4–5, and delivered significant time and cost savings while freeing employees to focus on strategic work.