GEP SMART vs Oracle E-Business Suite iProcurement comparison

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GEP Worldwide Logo
2,106 views|541 comparisons
100% willing to recommend
Oracle Logo
1,141 views|964 comparisons
100% willing to recommend
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"It's user-friendly, in terms of the design of the tool.""One of the most valuable features is the opportunity-identification through the spend analytics. Another is around the RFX options to benchmark various pre-qualified vendors that are invited to participate.""SMART has been helpful for sourcing and public bids. For regulatory purposes, our university posts bids, depending on the scope of the bid. We get a lot of value out of SMART's ability to post to a public site and have suppliers see that information, register in the tool, and participate.""The one we use the most is the sourcing module... It's really easy to use. You don't have to train vendors. You can add a new vendor at any time, and that vendor will get an email saying, "You've been selected to participate in our RFP, and you do X to get your ID set up." That works really well.""The spend module is really amazing and lightning-fast. It can give even the most novice of analysts access to the information needed and the ability to tweak it the way they want to see it. It has a lot of flexibility.""We operate with three different systems that input data. The fact that GEP consolidates all that information into one place is a big deal for us. It streamlines that data for us.""In terms of ease of use, GEP has done a lot of work through its enhancements over the years to make the user experience more intuitive. There is a more standard-Amazon-like experience, where manuals and tutorials are not really required, simply because the user experience and what's on the screen are pretty intuitive.""On the spend side, it's integrated with our accounting system and has bimonthly uploads of data. So we have pretty current spend information that we can access and build reports on."

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"It is a scalable product.""It is a scalable solution."

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Cons
"There are no mechanisms for them to check up on how they refresh their data. So oftentimes, when we go into the tool and we don't see something, we alert them and they say, "Oh, the data hasn't been refreshed, so we'll go ahead and refresh it," and then what we're looking for pops up. We should not have to be the ones to tell them they need to refresh. There should be a mechanism in place for that.""I'd like to see drag-and-drop reporting. They have the old model for reports where you have to click the "run" button. The thing runs and then you have to export it to PowerPoint.""There are certain things within the contracts module — how to upload the line items, for example — that could be done to make that utility a little more user-friendly, a little more like the sourcing module.""The manuals, especially the ones for the suppliers, are currently available only in English. If these can also be translated into different languages, that would be excellent.""Their contracts module is kind of clunky and It took a while for them to correct some of the basic functionality, some of the "Contract Management 101" functions, but it seems to be coming around. It wasn't working the way we'd expected.""We didn't like their dashboard initially, but they responded to that very well. They've given us some customizable dashboards and have also made it so that the dashboards can be exported into PDF and other formats, so that we can share them with the rest of the company... That was a weakness at the beginning, but one that they have responded to adequately and we're really pleased with the result.""We definitely have some asks for enhancements. One of the big ones we'd like to see is what we call "drag-and-drop." If I have an email that I want to maintain in the SMART record for whatever reason — for example, it has supporting information in it — I would love to be able to just drop that into the notes and attachments section without having to save it as a PDF and then upload it.""I want to see continued investment in analytics and reporting."

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"There could be a mobile application for the product.""The interface lags a bit since it is a heavy application."

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Pricing and Cost Advice
  • "My advice is to think wisely when it comes to estimating the number of licenses that you will require. If you settle on a number too early and you need additional ones, then the extra licenses might be quite expensive."
  • "If our organization could use it as a full-fledged solution, then it would be valuable and give a return on investment. However, since we are not currently using it as a full-fledged solution, even facing some bugs and problems with the synchronization with some of the internal software, we are not able to use it in a full-fledged manner."
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  • "The product is more expensive than one of its competitors."
  • "The product is somewhat expensive. Only large organizations can handle such an application."
  • More Oracle E-Business Suite iProcurement Pricing and Cost Advice →

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    Top Answer:The product is somewhat expensive. Only large organizations can handle such an application.
    Top Answer:The interface lags a bit since it is a heavy application. If the product is made lightweight, it can be much faster. The product needs to be made more user-friendly. I think that on the main page of… more »
    Ranking
    4th
    Views
    2,106
    Comparisons
    541
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    3rd
    Views
    1,141
    Comparisons
    964
    Reviews
    2
    Average Words per Review
    326
    Rating
    8.5
    Comparisons
    Also Known As
    SMART by GEP
    E-Business Suite iProcurement
    Learn More
    Overview

    GEP SMART is an AI-powered, cloud-native

    software for direct and indirect procurement
    that offers comprehensive source-to-pay
    functionality in one user-friendly platform,
    inclusive of spend analysis, sourcing, contract
    management, supplier management,
    procure-to-pay, savings project management
    and savings tracking, invoicing and other
    related functionalities.

    Oracle iProcurement is the self-service requisitioning application that controls employee spending. Oracle iProcurement provides a Web-based shopping system that allows employees to create, manage, and track their own orders while the Purchasing department retains central control. This helps to ensure that policies and preferred pricing agreements are reflected in every transaction. Easy ordering and seamless workflow provide better service, while non-sourced or off-catalog spending gets the attention it needs from buying professionals.
    Sample Customers
    Exxon Chevron Macys
    Portobello S.A., Gulf Air, Dubai Holding LLC, Grupo Aerom_xico SAB de CV, Flexera Software, Imperial College London, Byblos Bank SAL, Y-Telecom, Cyprus Telecommunications Authority, Trombini Embalagens S.A.
    Top Industries
    REVIEWERS
    Energy/Utilities Company20%
    Non Tech Company13%
    Media Company13%
    Retailer13%
    VISITORS READING REVIEWS
    Educational Organization66%
    Energy/Utilities Company7%
    Financial Services Firm5%
    Manufacturing Company4%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Financial Services Firm10%
    Manufacturing Company10%
    Healthcare Company9%
    Company Size
    REVIEWERS
    Midsize Enterprise13%
    Large Enterprise88%
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise69%
    Large Enterprise25%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise10%
    Large Enterprise73%

    GEP SMART is ranked 4th in Procurement Software while Oracle E-Business Suite iProcurement is ranked 3rd in Procurement Software with 2 reviews. GEP SMART is rated 8.4, while Oracle E-Business Suite iProcurement is rated 8.6. The top reviewer of GEP SMART writes "Provides us with more frequent, fresh spend data and alerts us about contract renewals". On the other hand, the top reviewer of Oracle E-Business Suite iProcurement writes "Provides users ease in the management of procurement-related area". GEP SMART is most compared with SAP Ariba Procurement, Zycus Source to Pay Suite and Coupa Procure, whereas Oracle E-Business Suite iProcurement is most compared with Oracle Procurement Cloud, SAP Ariba Procurement, PeopleSoft eProcurement and Coupa Procure.

    See our list of best Procurement Software vendors.

    We monitor all Procurement Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.