Case Study: U.S.-Based Telecom Company achieves streamlined supplier and contract management and $7.3B managed spend with GEP SMART

Telecom Major Streamlines Supplier & Contract Management with GEP SMART™

A U.S.-based telecom company with $2.1 billion in annual revenue and about 5,000 employees sought to modernize procurement by automating sourcing, supplier and contract management, improving spend visibility, classifying large volumes of data, and integrating a cloud solution with three legacy ERP systems to bring more spend under management.

GEP implemented GEP SMART across six business units for roughly 1,500 users, integrating it seamlessly with the three ERPs to enable real-time data exchange, migrate ~9,000 suppliers and centralize supplier and contract records. The platform now houses over 10,000 suppliers and more than 8,000 contracts, supported analysis of about $7.3 billion in spend over three years, and delivered simplified catalog management, stronger supplier relationships, and greater visibility, control and efficiency across the procurement organization.