GEP SMART vs. RiskRecon

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
GEP SMART
Score 7.4 out of 10
Enterprise companies (1,001+ employees)
GEP SMART is a procurement platform, meant as an end-to-end unified procurement solution that provides synergy between finance and purchasing and process fluidity.N/A
RiskRecon
Score 10.0 out of 10
N/A
RiskRecon, a Mastercard Company, helps achieve better risk outcomes for enterprises. RiskRecon’s cybersecurity ratings and assessments help to understand and act on risks, delivering risk prioritized action plans custom tuned to match risk priorities. As a cybersecurity ratings, RiskRecon continuously monitors the cybersecurity risk of over 15 million companies across even highly regulated industries from finance and insurance to aerospace and healthcare. RiskRecon provides risk-contextualized,…N/A
Pricing
GEP SMARTRiskRecon
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
GEP SMARTRiskRecon
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
User Ratings
GEP SMARTRiskRecon
Likelihood to Recommend
7.0
(0 ratings)
-
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Likelihood to Renew
7.3
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-
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Usability
6.9
(0 ratings)
-
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Performance
6.6
(0 ratings)
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Support Rating
8.0
(0 ratings)
-
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Implementation Rating
7.3
(0 ratings)
-
(0 ratings)
User Testimonials
GEP SMARTRiskRecon
Likelihood to Recommend
GEP SMART is well suited to equip procurement professionals to manage multiple RFx's at one point in time and help provide structure to the process. If an organization has an existing ERP and they want to acquire GEP SMART as a bolt-on, then integration is key. If there is any customization then it is more difficult to take advantage of the latest upgrades.
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Pros
  • The customer service level is incomparable to any other software providers I work with. The GEP Technical Team is very supportive and flexible.
  • The GEP Team takes enhancement requests seriously and always tries to further develop/enhance the tool, especially with small requests from users.
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Cons
  • Our organization has yet to take advantage of upgrading to the latest version of GEP SMART. The version that we are on does not make use of the full screen for the different internal windows and pop-up windows. I find it cumbersome to scroll left-right and up-down on the smaller windows when there is much real-estate on the screen that could optimize the user interface.
  • GEP SMART provides technical support but our vendors seem to have some difficulty logging in to their profiles and updating their information. Occasionally, the salesperson delegates to another internal member so we'll have to set up the new member with their log in.
  • The digital signature process requires that the signers of the agreement be defined before the agreement is routed for approval. Sometimes our vendors have a pool of signers that could sign the agreements and it can become a small challenge to change the signers after it has already been defined in GEP SMART.
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Likelihood to Renew
The tool is fantastic, but we are investigating a broader spend management solution at the moment which may mean we look in a different direction for this capability, most likely internally developed.
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Usability
The application is highly usable, but there are some parts of the design that could be improved such as the layout and scaling on the pages, the amount of unused white space within the interface, and the consistency of the interface between modules.
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Performance
The performance of the GEP SMART platform overall has been excellent. We do not hear complaints about system performance and have not experienced any slowdowns in adjacent systems due to the GEP implementation. Of all the (largely self-inflicted) change management challenges we've dealt with, system performance and platform reliability have not been on the list of concerns.
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Support Rating
The support team is responsive, smart, and knowledgeable about their product and about our business needs. They are also flexible to respond to questions and find solutions to our requirements.
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Implementation Rating
Although we had encountered many bugs, GEP was able to address them quickly, and sent a technical person to sit in our hands-on training sessions to address bugs efficiently
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Alternatives Considered
We selected GEP SMART for its ability to offer a full end-to-end integrated source-to-pay solution, pricing, and ease of use. There was an implementation series offered by GEP, as well as flexibility, customization, account management team dedication, and the overall service and support.
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Return on Investment
  • GEP SMART has improved our spend analytics speed by allowing analysis to be completed in minutes compared to days when we previously used Excel spreadsheets.
  • The SMART Sourcing (RFX) solution has greatly improved the consistency of our supplier quoting and information gathering process.
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ScreenShots

GEP SMART Screenshots

Screenshot of Landing PageScreenshot of Create Tasks and DocumentsScreenshot of Manage TasksScreenshot of Analytical ReportsScreenshot of Savings Projects - Tracking ResultsScreenshot of Spend Dashboard