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ERP · head to head

GEP SMART vs Netstock

GEP SMART logo

GEP SMART

ERP

Enterprise source-to-pay from a vendor that also sells the consulting and the outsourced procurement team

From
On request
Rated
-
Netstock logo

Netstock

Inventory

Demand planning and inventory optimization

From
On request
Rated
-

The short version

  • Each has a real cost: GEP SMART gEP sells the software, the consulting and the outsourced procurement team, so the vendor measuring the savings is often the vendor delivering them, which makes independent verification difficult.; Netstock pricing starts at $900/month, requiring annual commitment
  • They diverge on capability: GEP SMART covers Unified source-to-pay, Netstock covers Demand forecasting.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which GEP SMART and Netstock actually diverge.

Attributes where GEP SMART and Netstock differ
AttributeGEP SMARTNetstock
Pricing modelquotesubscription
PlatformsWeb, iOS, AndroidWeb, Cloud-based, API access
CategoryERPInventory
FoundedUnknown2009

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in GEP SMART

  • Unified source-to-pay
  • Spend and category analytics
  • Savings tracking
  • Supplier risk management
  • GEP QUANTUM
  • Managed services attachment

Only in Netstock

  • Demand forecasting
  • Inventory optimization
  • Replenishment planning
  • Classification
  • SAP
  • NetSuite
  • Sage
  • QuickBooks

What people use each for

The jobs each tool is most often brought in to do.

GEP SMART

  • An enterprise that needs category expertise as well as software and would otherwise run two procurement processesnot Netstock
  • A company outsourcing tactical sourcing while retaining strategic categories, using one platform across bothnot Netstock
  • A multinational consolidating regional procurement systems onto one spend taxonomynot Netstock
  • An organisation that needs savings tracked and reconciled against realised spend rather than claimed in a spreadsheetnot Netstock

Netstock

  • Inventory managementnot GEP SMART
  • Supply chain optimizationnot GEP SMART
  • ERP system integrationnot GEP SMART
  • Demand forecastingnot GEP SMART
  • Multi-location inventorynot GEP SMART

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

GEP SMART

  • GEP sells the software, the consulting and the outsourced procurement team, so the vendor measuring the savings is often the vendor delivering them, which makes independent verification difficult.
  • Nothing is published and reported entry points around half a million US dollars a year exclude implementation, which GEP typically delivers itself rather than through a competing integrator.
  • Implementation being delivered by the vendor limits the pool of independent consultants who can advise you during the project or take over afterwards.
  • Combined software and services engagements are difficult to unwind, because replacing the platform also means rebuilding procurement capability the outsourcer was providing.
  • The platform is scoped for very large enterprises, so mid-market organisations face both a price and a complexity floor that no module selection brings down.

Netstock

  • Pricing starts at $900/month, requiring annual commitment
  • Custom pricing model makes comparison difficult
  • Requires contacting sales for specific quotes

Pricing, plan by plan

GEP SMART

On request
  • GEP SMART$undefined/year
    • Scaled by managed spend volume, modules and user count
    • Third parties report deployments starting around 500,000 USD per year
    • Frequently bundled with GEP consulting or managed services

Netstock

On request
  • Essential$500/month
    • Core forecasting
    • 5 users
    • Standard support
  • Professional$1000/month
    • Advanced features
    • 15 users
    • Priority support
  • Enterprise$2000/month
    • Full suite
    • Unlimited users
    • Dedicated support

Which should you pick?

Choose GEP SMART if

  • You need unified source-to-pay.
  • You work on Web, iOS, Android.
  • You also want spend and category analytics.

Choose Netstock if

  • You need demand forecasting.
  • You work on Web, Cloud-based, API access.
  • You also want inventory optimization.

Questions people ask

Is GEP SMART or Netstock better?
Neither clearly leads. GEP SMART starts at On request and Netstock at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, GEP SMART or Netstock?
GEP SMART starts at On request and Netstock at On request.
Does GEP SMART or Netstock run on more platforms?
GEP SMART runs on Web, iOS, Android. Netstock runs on Web, Cloud-based, API access.
What is GEP SMART best used for?
GEP SMART is most often used for an enterprise that needs category expertise as well as software and would otherwise run two procurement processes, a company outsourcing tactical sourcing while retaining strategic categories, using one platform across both, a multinational consolidating regional procurement systems onto one spend taxonomy, an organisation that needs savings tracked and reconciled against realised spend rather than claimed in a spreadsheet. Of those, an enterprise that needs category expertise as well as software and would otherwise run two procurement processes and a company outsourcing tactical sourcing while retaining strategic categories, using one platform across both are not what Netstock is typically brought in for.
What can GEP SMART do that Netstock cannot?
GEP SMART covers Unified source-to-pay, Spend and category analytics, Savings tracking, Supplier risk management. Netstock covers Demand forecasting, Inventory optimization, Replenishment planning, Classification.

Answered from the vendors’ own pages

GEP SMART: Is GEP just a software company?

No. It sells procurement software, procurement consulting and outsourced procurement operations, and deals often combine all three.

Netstock: How much does Netstock cost?

Netstock pricing starts at $900/month. Final cost depends on the product bundle selected and your specific business needs. Pricing is customized based on company size, location, and ERP system integration requirements.

Source
GEP SMART: What does GEP SMART cost?

Not published. Third parties report deployments from around 500,000 USD a year, scaled by managed spend, modules and users.

Netstock: Does Netstock require an annual contract?

Yes. Netstock operates on annual subscription terms designed to deliver continuous value throughout the year.

Source
GEP SMART: Who implements it?

GEP typically does, which shortens the project but reduces independent advice during and after it.

Netstock: How long does Netstock implementation take?

Typical implementation takes 6-10 weeks. On average, Netstock pays for itself within the first few weeks of use.

Source
GEP SMART: How does it compare with Ivalua?

Both are single-platform enterprise source-to-pay. GEP adds consulting and managed services; Ivalua is software only and stronger on direct materials.

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