GEP SMART vs Symfact comparison

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GEP Worldwide Logo
134 views|36 comparisons
100% willing to recommend
Symfact Logo
69 views|32 comparisons
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Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
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."
  • More GEP SMART Pricing and Cost Advice →

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    134
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    36
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    Views
    69
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    Also Known As
    SMART by GEP
    Compliance Solutions, Symfact Compliance Solutions
    Learn More
    Symfact
    Video Not Available
    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.

    Symfact Contract and Compliance Management Solutions offers the following features:

    1. Legal Entity Management, Provides a secure and yet transparent repository of all corporate, investment and Board of Director documents, critical data and holdings. Enables compliant auditable operations for all legal entities and proactive risk mitigation of both company and individual officers.
    2. Contract Management, Effective management of all contract types and processes ensuring cost and revenue optimization alongside risk visibility and resulting mitigation. Provides comprehensive control over all obligations (e.g. for outsourcing agreements) and negotiation / authoring support.
    3. Operation Risk Management, Ensure compliant and auditable GRC (Governance, Risk and Compliance) data and process control around investigations, conflict of interest, due diligence and standard company or industry procedures.
    4. Policy Management, Centrally define and deploy effective authoring, approval, distribution and compliance controls in a company wide repository of all internal and external corporate policy documents.
    5. Third Party Risk Management, Involve third parties as an integral part of enterprise risk visibility leading to cost effective generation of best in class risk mitigation actions and integrity management.
    Sample Customers
    Exxon Chevron Macys
    FIFA, Zurich, Actavis, Bombardier, Capgemini, Cabot, Emerson, Gtech, ING, Kuoni, Migros, Medica, Richemont, Sanitas
    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%
    No Data Available
    Company Size
    REVIEWERS
    Midsize Enterprise13%
    Large Enterprise88%
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise68%
    Large Enterprise25%
    No Data Available

    GEP SMART is ranked 18th in Contract Management Software while Symfact is ranked 22nd in Contract Management Software. GEP SMART is rated 8.4, while Symfact is rated 0.0. 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, GEP SMART is most compared with SAP Ariba Procurement, Zycus Source to Pay Suite and Coupa Procure, whereas Symfact is most compared with .

    See our list of best Contract Management Software vendors.

    We monitor all Contract Management 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.