Enterprise resource planning, or ERP, is an integrated software system that connects multiple departments within an organization, allowing the sharing of data and management information. ERP systems are designed to ease the flow of information within an organization and aid decision-making.
But most supply chain and procurement organizations are moving away from ERPs and legacy systems, which tend to obstruct operational transparency and prevent holistic efficiency improvements. Instead, organizations are embracing next-generation, cloud-based platforms, which go beyond the traditional procurement objectives — such as spend analysis, supplier management, sourcing and optimization — and deliver sophisticated demand forecasting, production scheduling and inventory 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.
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.