The National Association of State Procurement Officials (NASPO) Adds GEP's AI-Driven Procurement Software & Services

Anytime a procurement department adds technology, it is a boost for everyone in the procurement chain, right up to the end user. When a venerable organization like NASPO endorses technology, it’s a bellwether of things to come. There is not doubt that artificial intelligence impacts so many aspects of our life and the ramifications of adding AI to the procurement process has untold advantages. This is very big news for everyone in the industry.

FROM TMCNET NEWS

NASPO enables any state to access GEP's software and services for more efficient, transparent, compliant and cost-efficient public purchasing process.

GEP, a leading provider of AI-powered procurement and supply chain software, strategy, and managed services to Fortune 500 and Global 2000 enterprises worldwide, has been selected by a Multistate Sourcing Team in partnership with the National Association of State Procurement Officials (NASPO) to provide its unified source-to-pay (S2P) procurement software and services for all U.S. states, territories, and the District of Columbia to access through their cooperative purchasing program. 

NASPO, a non-profit association promoting procurement best practices and professional development, operates a cooperative purchasing program, NASPO ValuePoint. GEP was selected for this contract following a competitive review. The program facilitates procurement solicitations and agreements for public entities, providing favorable prices, terms and conditions, and value-added services.

NASPO ValuePoint is the cooperative purchasing division of the National Association of State Procurement Officials (NASPO), facilitating cooperative public procurement solicitations using a Lead State model. NASPO aggregates the demand of all 50 states, the District of Columbia and the organized U.S. territories, their political subdivisions and other eligible entities spurring best value, innovation and competition in the marketplace. NASPO ValuePoint delivers high-value, reliable, and competitively sourced cooperative contracts — offering public entities outstanding prices, favorable terms and conditions, and value-added services.

Through NASPO's ValuePoint contract, GEP will support state and public entities' modernization of their eProcurement operatins to improve efficiency, effectiveness, and transparency in the public purchasing process. Because GEP provides end-to-end procurement software, strategy, and services under one umbrella, to meet clients' requirements.

GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas.

"We're excited to support NASPO members and help them transform their procurement operations, automating processes, increasing efficiency and transparency, and realizing new value for their taxpayers," said Ken Legge, vice president, alliances & partnerships, GEP.