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GEP SMART vs Oracle E-Business Suite iProcurement comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

GEP SMART
Ranking in Procurement Software
4th
Average Rating
8.4
Number of Reviews
13
Ranking in other categories
Contract Management Software (16th)
Oracle E-Business Suite iPr...
Ranking in Procurement Software
3rd
Average Rating
8.6
Number of Reviews
2
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2025, in the Procurement Software category, the mindshare of GEP SMART is 5.6%, down from 5.8% compared to the previous year. The mindshare of Oracle E-Business Suite iProcurement is 6.8%, down from 10.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Procurement Software
 

Featured Reviews

reviewer1254915 - PeerSpot reviewer
Gives us a single sourcing solution which helps to reduce redundancy
I don't think their supplier management module is ready, from a full supply-relationship management perspective. The scope is very limited for supplier management. Also, in the contract module, the searching capability is sub-par. Most people are used to Google search and Amazon search. That's what's available on a day-to-day basis. GEP SMART's searching capability is extremely difficult to use. Their logic is different from Google and Amazon, so they return a lot of search results, which is something we're not really happy about. Another issue that I want to provide feedback on is that their icons are not as visible and as accessible as they should be. If we have someone with some form of disability, it's not easy for them to figure things out. When you hover an icon a little message pops up and tells you what it is, but the icons are so small and look very similar. It's a design element that looks great but it's a little hard to hover and makes for an accessibility issue. But overall, in general, it is intuitive to use. Also, I know that GEP, as a company, has been in business for close to 20 years, but they still operate as more of a startup and smaller company. They need to revamp their processes and put in controls in terms of quality assurance and quality control. In terms of their processes, 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. They're a technology company and their product is where we put our data. The refresh cycle should be automatic. As for quality control, I don't know if they do enough testing. When they release new enhancements, they do testing and it passes and that's why they push it to production. But it seems they only test that particular functionality and that they don't test how that functionality interacts with and impacts other functionalities. So that particular functionality itself is working, but oftentimes functionalities are interdependent and when we try to click on certain things which should behave in certain ways or bring us certain results, they don't work. We have to tell them, "Hey, it's not working. You need to fix this." Quite frankly, we're tired of informing GEP. They should be scrubbing from the left and right and from top to bottom to make sure that anything that they're releasing is fully tested. I get it, that one or two fall through the cracks. But it happens consistently that we're concerned with the data integrity because a refresh cycle didn't happen or there's a stability issue where something is working but when coupled with other functionalities it fails and we get an error message. Those are some of the things that the GEP is lacking. If they do want to compete in this market with other, bigger players, they need to up that game. GEP, as a company, is putting so much focus on artificial intelligence and machine learning. That's great. We love it. And that's where the industry is moving. We like seeing those on their roadmap. However, foundationally, they need to fix some of their processes before they bring in the above-and-beyond bells and whistles. If their basic functionalities are not functioning the way that they're supposed to and they keep building on a broken foundation and adding more, eventually it will collapse. It will become too top-heavy. This has been a message that we've been sending to GEP over the course of the last two years. I understand that to keep up with the industry, they need to bring in some of the newer technologies, a newer perspective. That's a business decision. But they still need to go back to their core technology and really enhance that, so that when they add something it really couples with that core and enhances their technology overall. In addition, from our perspective, the way that they manage their technology is very fragmented. I mentioned that we use four different modules of GEP SMART but they were built in silos. Although they actually promote this or sell it as a fully-integrated solution, the way that we search in the sourcing module is different from the way we search in the contract module. Why are they different? It should be consistent. Another example is that the supplier ID in the supplier module is different from the supplier ID in the contract and sourcing modules, although it's the same supplier. Even though we enter and register our supplier in the supplier module, when they float through to the contract module and sourcing module, they generate a different supplier ID in the backend, so it's extremely difficult to trace back to see if it's the same supplier. If it's stemming from one module, it should be duplicated across all modules, as opposed to creating another copy of it. That confirms that they're building their technology in a very fragmented way. That needs to be addressed. We have a huge number of duplicate suppliers created. When someone facilitates a sourcing event, they enter suppliers' names differently. A classic example is IBM, which can be entered as "IBM Corporation", "IBM Corp" or just "IBM". Sometimes it's entered as "International Business Machines." GEP has been trying to work with us to leverage machine learning and AI to prevent people from creating duplicate suppliers. It hasn't been fully built-out. And there still needs to be some manual intervention. The human element needs to be there. Once it's fully built-out, it might help us. One of the things they proposed was that machine learning and AI would pop up a window that says, "Hey, we have all these similar company names." Based on what was entered — not just the supplier name but the contact information and addresses — it would say, "This company is about 80 percent matching to what you entered, so why don't you use this one instead of creating another one." There is stuff coming, but it's still not there. We're testing it out right now. We're hopeful that it will at least provide some guidelines for our folks, and at least cause them to pause a moment before they create another supplier.
Mohamed Moustafa - PeerSpot reviewer
Stable product with an easy initial setup process
We use Oracle E-Business Suite iProcurement to procure raw materials such as cement for our company to produce finished goods The product has all the essential features to cover all our business requirements. There could be a mobile application for the product. The product has good stability.…

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"I love it because everything is done within the contract module. The previous tool that we had really acted more as a repository, whereas this is the lifecycle. Once a business owner gets to the point where they want to enter into a contractual relationship with a party, from that point, including the drafting of it through to the signature on it, it covers the lifecycle. It's from the beginning to the end to even the archiving. It's all done within the tool, including e-signature."
"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."
"Spend gives us a way to put all of our spend in one area and use a category hierarchy to pull real-time spend data."
"The biggest selling point for us was having the contracts repository centralized for both systems. People are able to search for a contract. Typically, before they go out to bid or engage with a supplier, procurement folks come into GEP SMART and they search for a contract and check to see if there is an existing contract in place."
"There are additional time savings in managing communications. If you have an open RFP and there are questions, you can manage all of the questions and answers in the thread inside that RFP. All the suppliers will get any notifications that you want them to get, and everything is within the body of the RFP so you don't have to worry about things in email, outside of the system."
"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 most valuable features are the sourcing and tendering processes."
"It's really simple to use. That's one of the reasons we chose GEP over some of the others. It's very Google-like. On the homepage, you just type whatever you need. And there are tabs that can come up if you're looking for a certain word or phrase..."
"It is a scalable solution."
"It is a scalable product."
 

Cons

"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."
"While it captures all the fields and requirements, when any supplier updates or new supplier registration happens, then the supplier needs to update their bank details. Our IT team has made it so every half an hour the GEP SMART system will push the supplier to the Oracle Database. So, we have faced some problems, like bank details, etc. We addressed this issue with GEP. They are working on it to make bank details a mandatory field for any supplier and match our requirements. Their engineering team has taken up creating a customized process for us."
"Very recently, they implemented a customer success team to manage our expectations and communicate them to their technical team. That function is relatively new and some work needs to be done to build that connection so that it's a little more seamless."
"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."
"We had a lot of challenges and disagreements with SMART. It's been a long road, for sure, on the contract side. There is a little bit of pushback on their part when we need stuff done. Things aren't done very efficiently. I'm still waiting on some changes that were requested well over a year-and-a-half ago."
"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."
"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 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."
"There could be a mobile application for the product."
"The interface lags a bit since it is a heavy application."
 

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."
"The product is more expensive than one of its competitors."
"The product is somewhat expensive. Only large organizations can handle such an application."
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Top Industries

By visitors reading reviews
Educational Organization
73%
Energy/Utilities Company
6%
Financial Services Firm
5%
Manufacturing Company
3%
Manufacturing Company
11%
Financial Services Firm
9%
Government
9%
Healthcare Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

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What is your experience regarding pricing and costs for Oracle E-Business Suite iProcurement?
The product is somewhat expensive. Only large organizations can handle such an application.
What needs improvement with Oracle E-Business Suite iProcurement?
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 o...
 

Also Known As

SMART by GEP
E-Business Suite iProcurement
 

Overview

 

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.
Find out what your peers are saying about GEP SMART vs. Oracle E-Business Suite iProcurement and other solutions. Updated: January 2025.
831,265 professionals have used our research since 2012.