Which spend management processes can GEP SMART automate?

GEP SMART is a unified, procurement software platform with end-to-end source-to-pay (S2P) capabilities, comprising comprehensive spend management tools, such as spend analysis, strategic sourcing, savings tracking, contract management, category management, supplier management, and procure-to-pay. With these spend management tools, GEP SMART automates all sourcing and procurement processes – from sourcing to payment.

How can a spend management software help in my strategic sourcing activities?

GEP SMART spend management platform features a comprehensive sourcing functionality that can help enterprises engage with the right suppliers across spend categories to drive best-value deals aligned with strategic sourcing milestones. Using the e-sourcing function, users can collaborate across offices to evaluate suppliers, author RFPs, streamline RFx-to-award cycles, and execute sourcing events like e-auctions. Once the sourcing process is complete, GEP SMART allows you to quickly convert winning bids to negotiated contracts that buyers can use to make compliant purchases.

Can I plan and budget my spend using GEP SMART?

GEP SMART’s spend analysis function helps users identify savings opportunities and launch new savings projects. Users can establish estimated spend and savings targets, then define milestones based on when they expect to negotiate and realize those savings. Our spend management system includes a savings tracking functionality that allows users to build, track and manage their savings pipeline by collaborating with team members and stakeholders in real time. Users can also leverage our spend management platform’s savings dashboard, performance benchmarking and savings validation capabilities to manage their spend more effectively.

Can I manage direct as well as indirect spend with GEP SMART?

Yes. With GEP SMART users can manage both direct as well as indirect spend. GEP’s category experts work with you during the configuration of the system to ensure your business processes and use cases for all categories are mapped to the system.

Is there any training required to use GEP SMART spend management software?

The GEP SMART spend management platform is designed to facilitate intuitive navigation and is simple to use. It enables users to drive significant savings and performance with little or no training required. However, we do provide all training and onboarding support to all new users.

Does GEP SMART allow users to requisition and/or purchase goods directly?

Yes, users can purchase goods based on specific business rules through the GEP SMART’s purchasing function. Automated req-to-order processes can be managed through the configuration of multiple variables, such as spend limit, category and business unit, etc. Authorization and approval workflows are completely configurable to your business. Users can also use pre-approved catalogs (in-house or punch-out supplier catalogs) for purchasing. They can compare across different suppliers or lines, fill shopping carts, and place easily trackable purchase orders.

Our organization has a complex spend management process. Can GEP SMART be configured to our spend management workflow?

GEP SMART is designed to accommodate even the most complex spend management processes. The platform can be fine-tuned and configured to your spend management workflow.

Can the GEP SMART spend management platform help analyze spend if my data and processes are scattered across multiple systems?

Yes. GEP SMART can collate spend data from multiple source systems. It goes a step further and enriches it through data cleansing, data classification and data validation processes before presenting it as a single dataset. GEP SMART will also integrate with all your major back-office and ERP systems, bringing your entire spend system together.

Is my spend data and supplier information secure on the GEP SMART procurement platform?

Of course. We understand that supplier information, spend data, contract documents and other business-critical, confidential data must always be kept secure. GEP SMART is native to the market-leading Microsoft Azure cloud platform that provides unmatched, multi-layered data security and is a lot safer than any behind-the-firewall software available on the market.

Global Leader in Digital Supply Chain Transformation

GEP’s unified approach — encompassing strategy, software and managed services — helps enterprises rapidly build the infrastructure and capabilities required to power high-performance procurement and supply chain organizations.

ACHIEVE TRANSFORMATIVE BUSINESS RESULTS

Every day, all over the world, GEP helps hundreds of Fortune 500 and Global 2000 enterprises — in every major industry, in every major market — operate more efficiently and effectively, gain competitive advantage, boost profitability, and maximize business and shareholder value.

LATEST INSIGHTS

Game-Changing Software Platforms

GEP is a market-leading provider of SaaS-based procurement software and supply chain software, with an extensive and rapidly expanding roster of Fortune 500 and Global 2000 customers, who are themselves market leaders in virtually every industry, sector and region.

INTUITIVE, AI-POWERED, CLOUD-NATIVE – GEP's technology solutions boost operational efficiency and provide real-time visibility across the entire supply chain. With powerful and comprehensive capabilties, intelligent and beautifully designed interfaces, GEP's software solutions drive transformative performance, create game-changing impact and help enterprises realize unprecedented results, savings and bottom-line growth.

Learn More

World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend Management

GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.

Learn More

Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise

GEP NEXXE is a uniﬁed and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artiﬁcial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.

Learn More

TRANSFORM THE FUTURE

As a recognized global leader in digital procurement and supply chain transformation, GEP combines strategic thinking with innovative technology to provide solutions that deliver game-changing business outcomes.

We help enterprises harness the power of new and emerging technologies — AI, cloud, Internet of Things — to reinvent their procurement and supply chain operations and deliver on rapidly changing business expectations, today and tomorrow.

Watch Now

Industries We Serve

Expertise drives insight and insight drives innovation. GEP has assembled a global team of highly skilled procurement and supply chain specialists, with hands-on experience at leading enterprises worldwide, to provide you with the tools, support and results only an industry veteran can consistently deliver. Our expertise and experience encompass a number of key sectors.

Chemicals

Consumer Packaged Goods

Energy & Utilities

Financial Services

Government & Nonprofit

Industrial Manufacturing

Oil & Gas

Pharma, Health & Life Sciences

Technology