AXA Gulf picks GEP SMART procurement software for sourcing

AXA Gulf picks GEP SMART procurement software for sourcing

Representational image

GEP, US-based leading provider of procurement and supply chain strategy, announced that AXA Gulf, GCC’s largest international insurance player, has selected GEP SMART, the industry’s leading procurement software platform, following a competitive selection process.

GEP SMART will enable AXA Gulf to manage its sourcing, contracting and supplier management. Headquartered in Bahrain, AXA Gulf is a multi-lined one-stop-shop insurer with a range of products and services tailored to each customer, covering property & casualty insurance and life & health insurance.

The platform is a unified, cloud-native source-to-pay system based on a data-centric foundation and user-first design. GEP SMART helps Fortune 500 and Global 2000 clients to achieve maximum return on investment (ROI) by ensuring optimum, agility, visibility, and actionable intelligence across all procurement and purchasing functions while eliminating burdensome infrastructure.

GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, Internet of Things (IoT), mobile and cloud technologies, and are designed to incorporate continual innovations in technology.

AXA in the Gulf is the largest player covering the UAE, Oman, Bahrain and Qatar markets, with a workforce of over 800 employees, 15 branches and retail shops region-wide and over 1 million customers.

Additionally, AXA is focused on helping the world better face