GLOBAL 500 FINANCIAL SERVICES COMPANY TRANSFORMS PROCUREMENT OPERATIONS, SAVES $60M+ WITH GEP SMART TM A Global 500 life insurance and financial services company, with over $835 billion in assets under management, wanted a technology platform that would unify its procurement operations, improve transparency and bring spend across the enterprise under management. The firm has annual revenues exceeding $35 billion and employs more than 25,000 people across continents. RESULTS ACHIEVEMENTS OBJECTIVES • Complete visibility into transactional data • $3 billion spend analyzed in 3 years, savings of over $60 million realized • Successful migration of over 2,500 contracts from legacy system to GEP SMART • High adoption across the enterprise, with 800-plus active users • Execution

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