GEP Named A PROCUREMENT OUTSOURCING LEADER And STAR PERFORMER On PO PEAK Matrix™ By Research Powerhouse Everest Group

CLARK, N.J., Oct. 31, 2013 /PRNewswire/ -- GEP, a leading global provider of procurement services and procurement software to Fortune 500 and Global 2000 enterprises worldwide, has been named a PROCUREMENT OUTSOURCING LEADER and STAR PERFORMER by the well-known research and advisory firm Everest Group in its annual market research study, Procurement Outsourcing (PO) – Service Provider Landscape with PEAK Matrix™ Assessment 2013.

To download a complimentary research brief on GEP's ranking and evaluation on Procurement Outsourcing (PO) – Service Provider Landscape with PEAK Matrix™ Assessment 2013, visit the GEP web site at www.gep.com/research-reports.

Everest Group issues this highly anticipated research annually, measuring procurement service providers on its proprietary Performance, Experience, Ability and Knowledge (PEAK) Matrix.

Everest Group evaluates procurement outsourcing LEADERS with criteria that include market success and wins, scale, scope, technology, delivery footprint and buyer satisfaction levels.  Likewise, the STAR PERFORMER designation is awarded on the demonstration of the strongest year-on-year movement on the PEAK Matrix.

To assess advancements on market success, Everest Group evaluates the performance across a number of parameters including, yearly average contract value growth, number of new contracts signed, number of contract extensions, and value of new contract signings. Advancements on capability are evaluated across parameters including, annual growth in scale, increase in scope of services, expansion of delivery footprint, and technology/domain specific investments.

Saurabh Gupta, Vice President, Everest Group comments: "GEP had strong revenue growth in 2012 with significant additions to its existing portfolio of clients, along with strong renewals. GEP also made several capability advancements in 2012 including expanded operations in Asia and Europe. Interviews with their clients revealed strong levels of satisfaction especially around solution implementation and relationship management. Consequently, GEP earned the status of a 'PO Star performer' and is now a Leader on the PO PEAK Matrix."

To download a complimentary research brief on GEP's ranking and evaluation on Procurement Outsourcing (PO) – Service Provider Landscape with PEAK Matrix™ Assessment 2013, visit the GEP web site at www.gep.com/research-reports, or for access to the full and complete report, visit Everest Group's website at http://www.everestgrp.com.

About GEP

GEP is a diverse, creative team of people passionate about procurement.

We invest ourselves entirely in our client's success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective procurement services and technology that enable procurement leaders to maximize their impact on business operations, strategy and financial performance.

Named Procurement Outsourcing Leader and Star Performer in Everest Group's PEAK Matrix™ of Procurement Services Providers, Winner in the HfS Blueprint Report on Procurement Outsourcing Providers and to the Supply & Demand Chain Executive 100 for nearly a decade, GEP is also ranked a leader on Gartner's Magic Quadrant analysis of the world's top sourcing and procurement software providers. Clark, NJ-based GEP has ten offices and operations centers in North and South America, Europe and Asia.

To learn more our comprehensive range of procurement consulting and procurement outsourcing services, please visit www.gep.com.

Contact

Al Girardi
Vice President – Marketing & Analyst Relations
GEP Worldwide
Phone: 732-382-6565
Email: [email protected]

SOURCE GEP