Procurement Savings Dashboard

Managing savings from procurement processes is rarely a straightforward process. Usually there are multiple strategic sourcing projects running in parallel, each intended to deliver savings to the overall target.

By category, region, or line of business, and with numerous different permutations of strategy, scope and scale, savings projects become complex and difficult to track. GEP SMARTTM gives you complete visibility of all your savings projects, across the enterprise. From a global view, you can drill down and filter the savings dashboard to reveal any set of savings projects and gain insights into performance against plan, down to individual savings projects.

The savings dashboard gives you an instant overview of savings performance, wherever you are and whatever device you are using. But not just that, GEP SMART lets you delve deeper into the projected savings for even better insights. With GEP SMART’s advanced analytical reporting capabilities, you can create any report, any graph, any chart from your strategic sourcing projects and publish each report to your team.

GEP SMART not only gives you the power to manage multiple savings projects at one time, but also gives you complete, granular visibility as you drive each project from planning to realization.

 

  • Intelligent

  • Intuitive

  • Comprehensive

  • Mobile

  • Cloud-native

  • Best-in-class

  • Powerful

  • Game-changing

SAVINGS TRACKING SOFTWARE

Get a comprehensive overview of your savings pipeline, anytime, anywhere, on any device. GEP SMART allows you to easily build, track and manage your savings pipeline by collaborating with team members and stakeholders in real time.

Initiate new savings projects based on opportunities identified through spend analysis. Ideate and discuss them with colleagues. Define the scope of your savings initiatives. Establish estimated spend and savings targets, then define milestones based on when you expect to negotiate and realize those savings. Create teams, assign resources and roll out new savings projects. Then track them easily as you negotiate and realize savings through the year.

Savings Dashboard

Get complete overview of your savings projects throughout their life cycle, with real-time, enterprise-wide savings visibility for better, more informed business decisions

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Seamless Data Integration

Automatically consolidate data from auctions, RFx and contracts to identify negotiated and realized savings in real time. No need to enter data manually or maintain multiple sheets

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Collaboration Platform

GEP SMART is a cloud-based platform that helps you identify, initiate and launch new savings projects in collaboration with colleagues across functions and locations

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Complete Savings Visibility

Get real-time visibility into all types of savings across the enterprise — cost avoidance, cost reduction, signing bonus, rebate and gain share — with just a few clicks or taps

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Performance Benchmarking

GEP SMART lets you evaluate the performance of all your cost-saving projects across the enterprise by comparing with historical savings data and other savings baselines

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Savings Validation

Capture actual purchase and invoice activity automatically and track performance against targets. Convert projected numbers into realized savings validated by finance

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