Procurement teams face a range of unique challenges, including limited resources, inefficient manual processes, a lack of control and visibility, and the need to manage high volumes of work and control spend.
You need a procurement system that is easy-to-use, efficient and productive and can keep you tracking to budget. GEP's Midsize and High Growth Enterprise Solution — the powerful, out-of-the-box software platform that centralizes procurement processes, automates manual processes to save time and drives cost savings — is just the answer you’re looking for.
Built on a unified platform, our software is designed to increase efficiency, improve agility, reduce costs, mitigate risks and promote productivity through a seamless experience across the source-to-contract (S2C) and procure-to-pay (P2P) functions.
Position your organization for success by solving today’s problems with an innovative platform to achieve sustainable long-term growth.
Transform Your Business Spending With Leading S2P and P2P Solutions
Our midsize enterprise offering provides both a comprehensive end-to-end suite and individual products that meet your business needs. Our unified solution provides real-time visibility into spend, ensures smooth data flow and offers insight and recommendations, with A.I.-guided processes for sourcing, contracting and purchasing. The software seamlessly integrates with your existing systems and processes, including financial management, ERP and supply chain management systems to expand your capabilities and maximize ROI.
Spend Analytics
With curated and granular visibility, you can understand and analyze your spend procurement costs, improve compliance and increase realized savings. Opportunity finders help you rationalize suppliers and payment terms.
Savings Project Management
Plan, execute and track cost-savings initiatives through project tracking with a lifecycle view of your cost-savings activities in organized and customizable reports.
Sourcing
Find the right suppliers, collaborate with multiple parties and award with “one click” based on various bid-optimization scenarios with best-in-class, easy-to-use and intuitive sourcing tools. Guided sourcing AI-based recommendations enable you to make informed decisions.
Supplier Risk, Performance and Relationship Management
Capture supplier information, manage relationships and monitor performance through a business network that acts as a single source of supplier information for all procurement activities.
Contract Lifecycle Management
Our software simplifies the process of managing any type of contract, from origination to performance analysis. Track contract compliance, identify clause risk and stay on top of your obligations. Our embedded risk assessments make it easy to track both inherent and residual risk.
Procure‐to‐Pay
By unifying the order-to-invoice process, the software connects every order to a contract, a plan, a budget and a target. This one-stop guided buying tool reduces maverick spend and drives spending compliance. Further automation in PO flip, automatic receiving and invoicing helps reduce cycle time.
Expense Management
You can customize expense management with a fully integrated expense and corporate card solution that keeps track of all your expenses in one solution.
Invoice Management and Orchestrated Payments
Enables line-by-line purchase order and multi-way invoice matching with automatic invoice approval and validation at the source. Manage orchestrated payments through virtual cards or ACH support through direct banking.
Intelligent Category Management
Get an end-to-end framework that provides complete visibility and management capabilities for all your category-related activities, all in one place. Easily take control of every category, pinpoint key cost drivers and influencing factors, and align category strategies with your business goals, all while boosting stakeholder engagement.
Why Midsize Enterprises Choose GEP
Reduce Manual Work and Costs
Automate procurement processes such as purchasing, accounts payable, payment and approval and accelerate digitalization progress leading to reduced costs.
Immediate Results Out of the Box
Investing in a unified platform provides a fast return on investment relative to savings on total spend through unit price reduction, productivity improvement, increased compliance and improved working capital.
Rapid Time‐to‐Value
Effortlessly deploy in 8 to 12 weeks, with minimal client-side resources needed. Significantly lower the effort and costs of managing data and analytics through centralization and self‐service.
Enhance Visibility, Compliance and Control
Use a system that lets you see what’s going on from start to finish — from contracts to payments — to help you stick to a budget and follow the rules to achieve strategic cost reduction. You can also adjust your strategy quickly when the market changes.
Build Resiliency and Sustainability
Identify the right suppliers and effectively manage compliance through greater visibility and improved communication and collaboration to build resilience and foster sustainability.
Increase System Scalability, Stability and Efficiency
Benefit from GEP’s stability and organic and modern platform architecture to easily scale when needed, making sequential, tactical improvements that deliver immediate value while providing a solid foundation for continual growth.
