What is Procurement Technology?
Primarily designed to simplify complex procurement processes and reduce costs, procurement technology has become a must-have tool for businesses today. Advanced procurement technology offers a unified procurement platform that allows all stakeholders to gain real-time visibility and identify savings opportunities.
This type of technology also provides a wide range of capabilities for collaborating more effectively and evaluating supplier performance. Over time, the increasing use of technology has helped procurement evolve from a tactical function to a larger strategic function that can generate more value for the business.
World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend 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.
Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise
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.
