Major Asia-Pacific oil and gas company selects GEP's unified procurement software to support digital transformation, in multi-year agreement
Clark, NJ /PRNewswire/ - GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced today that PTT Exploration and Production Public Company Limited (PTTEP) — a national petroleum exploration and production company based in Thailand, with significant operations in 15 countries across Southeast Asia, Central Asia, the Middle East, the Americas, Africa and Australasia — has selected GEP SMART, the industry's leading procurement software platform, after a thorough selection process.
Headquartered in Bangkok, PTTEP is the latest market-leading organization to select GEP SMART. The selection reflects GEP's continued strong growth across the Asia-Pacific region. GEP SMART will enable PTTEP to manage its entire Source-to-Pay (S2P) process by digitally transforming its sourcing activities through a best-in-class, unified cloud solution. This includes a full range of functions, including spend, project management, sourcing, contracting, catalog management, guided buying and supplier management.
GEP SMART is a unified, cloud-native source-to-pay platform, built on a data-centric foundation with AI at its core and user-first design. GEP SMART enables Fortune 500 and Global 2000 clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement and purchasing functions, while eliminating burdensome infrastructure and support costs, to achieve maximum ROI.
About Gep Software
GEP SOFTWARETM provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable.
With beautifully rendered interfaces and flexible workflows, GEP® provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity.
GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology.
GEP's software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty.
A leader in multiple Gartner Magic Quadrants, GEP's cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, Procurement Leaders and Spend Matters.
GEP SOFTWARE is part of Clark, N.J.-based GEP — the world's leading provider of procurement and supply chain strategy, software and managed services. To learn more, visit www.gepsoftware.com.