GEP Emerges as Leader in Innovation for Agentic AI in Procurement by Everest Group

GEP Recognized as Leader in Agentic AI for Procurement

GEP®, the prominent player in AI-driven procurement and supply chain solutions, has recently been honored by Everest Group for its outstanding capabilities in agentic AI applications tailored for procurement. With a focus on incorporating advanced AI technologies, GEP’s software has significantly transformed how enterprises manage procurement, making it a critical asset for organizations striving for operational excellence in today's rapidly changing market.

In its evaluation, Everest Group assessed 24 procurement service providers that are developing low-code or no-code platforms alongside pre-built agents specifically for procurement activities. These companies were scrutinized across key metrics including market performance, maturity, scale, and the adoption of agentic AI use cases, as well as ecosystem drivers such as partnerships and community engagement. Based on this rigorous analysis, GEP was distinguished as the undisputed leader in the market.

What sets GEP apart is its advanced maturity in agentic AI specifically crafted for procurement operations. The company has demonstrated exceptional enterprise-wide adoption across global organizations, fostering a robust ecosystem that supports AI-first orchestration and deep integration capabilities. Additionally, GEP's low-code configurability empowers business users to easily create, adapt, and govern the agents they deploy, streamlining processes that were traditionally cumbersome and time-consuming.

Everest Group highlighted several key strengths that contribute to GEP's leadership position. These include its domain-rich pre-built agents capable of handling various procurement functions such as intake management, sourcing, contract management, supplier management, and pricing intelligence. The versatility of these agents ensures dynamic adaptability in complex enterprise environments, enhancing procurement teams' ability to make informed decisions swiftly.

The significance of GEP's recognition by Everest Group cannot be understated. The emergence of agentic AI is reshaping the procurement space, moving beyond traditional automation towards autonomous agents that are not only capable of executing tasks but also interpreting real-time contexts and redistributing resources optimally. By qualifying as a Luminary in the Everest Group’s assessment, GEP validates its pioneering role in propelling businesses into the future of procurement.

As companies increasingly recognize the need for a digital transformation within their procurement strategies, GEP’s AI-powered software is uniquely positioned to meet these demands. With beautifully designed interfaces and intuitive workflows, the software ensures high user adoption rates, driving meaningful improvements in personal and team productivity. GEP allows for seamless integration with existing systems, including major ERP solutions such as SAP and Oracle, promoting fluid operational continuity and enhancements.

GEP’s cloud-native applications continuously innovate by leveraging advanced technologies including machine learning, cognitive computing, and IoT. This commitment to innovation has positioned GEP as a leader not only in terms of responsiveness to client needs but also in customer satisfaction, earning accolades from various industry analysts and research organizations.

In summarizing its achievement, GEP stated that its recognition by Everest Group exemplifies its commitment to drive procurement efficiency through cutting-edge technology. The company continues to invest in the development of intelligent automation solutions to ensure its clients remain competitive and successful.

With a growing portfolio of satisfied global clients and ongoing innovations in AI, GEP is set to further consolidate its leadership position in the procurement domain. As enterprises look to navigate the complexities of digital transformation, partnering with a forward-thinking provider like GEP could prove to be a game-changing decision for many organizations.