The marine geophysics company, which helps find offshore energy reserves and CCS locations, selects GEP SMART’s unified procurement software to support its source-to-contract processes
GEP®, a leading provider of procurement software and services to Fortune 500 and Global 2000 enterprises worldwide, announced today that PGS has selected GEP SMART™, the industry’s premier procurement software platform, after a competitive selection process.
PGS, headquartered in Oslo, Norway, is a leading marine geophysics company with offices in 14 countries. PGS records and images the Earth’s subsurface, and is one of the largest users of computer power on the planet to support the energy industry’s search for offshore oil and gas reserves, offshore renewables, and carbon capture and storage sites. PGS will be using GEP SOFTWARE™ to transform its entire source-to-contract (S2C) process, encompassing sourcing as well as contract and supplier management.
GEP SMART is a unified, cloud-native source-to-pay platform, built on a data-centric foundation with AI at its core and user-first design. GEP SMART enables Fortune 500 and Global 2000 clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement and purchasing functions while eliminating burdensome infrastructure and support costs to achieve maximum ROI.
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