GEP SMART Review

GEP SMART is a one-platform, one-database, one-workspace solution. It drives operational excellence through its intuitive design, superb user experience, and the latest technologies to cover the entire procurement cycle. Here are the benefits of GEP SMART:

Utilize data at its fullest

Real-time data provides crucial insights and is a key ingredient for successful strategic planning. GEP SMART cleanses, verifies, and reports spend data from all source systems to provide you with precise information with item-level visibility across the enterprise. With GEP SMART’s spend analysis capability, you can get an overview of what you’re spending, who spends and where and how, as well as ROI insight. Build a successful procurement team through a set of tools that let you navigate through a sea of data and leverage it for business intelligence.

Enable seamless transactions

With  GEP SMART, you can establish effortless transactions among your legal, sales, procurement, and other stakeholders along the contract life cycle. Create, organize, and collaborate on your contract portfolio through a centralized database. You can administer, track, and manage these contracts’ performance and compliance. You can even set auto alerts and event reminders so you can anticipate renewals, reviews, or rebids.

Reduce business complexities

GEP SMART gives you an intuitive dashboard displaying actionable insights on supplier performance. Seamlessly manage supplier information through a centralized portal where your suppliers can view and review their profiles, respond to surveys and assessments, as well as correspond for evaluating performance and compliances. It features qualitative and quantitative scorecards, survey forms and questionnaires, as well as action plans so you have a comprehensive understanding of supplier performance.

Unify order-to-invoice processes

Deliver a superb consumer-like purchase experience with GEP SMART. You get access to a platform that lets buyers find out what they need through a unique, tailored process. Enable direct shopping from contracts or blanket orders. It also offers a Guided Buying module that lets buyers see items that may need organizing in a catalog. Users can make smart purchasing decisions through item comparisons, shopping carts, and order tracking.

It also features a powerful sourcing engine that fast-tracks sourcing and purchasing and its corresponding workflows, approval processes, and order cycle times.

Execute your sourcing strategies

Find the best supplier for your needs through the solution’s intuitive and user-friendly sourcing tools. With it, you can work across silos to identify and evaluate suppliers, author new RFPs and award contracts. Its RFP Authoring module lets you build multi-line proposals and quotes that come with ready-made templates and workflows. Its Sourcing Repository capability is top-notch as well, as it lets you effortlessly launch new RFI, RFQ, RFPs and electronic auctions.