Achieving spend visibility is a challenge at the best of times. A leading U.S.-based CPG company that manufactures, sells, and distributes over 300 brands and flavors of food and beverage products was looking for a next-generation technology solution that would help collate data from its disparate legacy ERP systems and help it achieve spend visibility across its direct and indirect categories.
By deploying GEP SMART, the company was able to leverage the most cutting-edge technologies across automation and artificial intelligence. This helped the client to bring its disparate spend data under control, and automate supplier management, data collection and analysis. GEP’s industry-leading expertise also enabled the company to achieve over 95% classification accuracy in its supplier management and use the insights from spend analysis for finding new opportunities to drive business growth.