ERP or Modern Source-to-Pay Platform? 5 Things You Need To Know
This exclusive bulletin highlights 5 things you should know about choosing a unified, end-to-end S2P platform for procurement operations instead of ERP.
This exclusive bulletin highlights 5 things you should know about choosing a unified, end-to-end S2P platform for procurement operations instead of ERP.
December 07, 2022 | Supply Chain Software
Amid soaring inflation and rising manufacturing costs across the world, it is important for procurement organizations to track the parameters that drive should cost models and how they can leverage these should cost models.
Some of the key indicators on the should cost drivers are:
This gives buyers an insight into how prices have fluctuated and what kind of trend they can expect in future pricing.
The various factors driving these costs include: -
GEP is named a Leader in the November 2022 Gartner® Magic Quadrant™ for Procure-to-Pay Suites.
GEP, a leading provider of procurement and supply chain software to Fortune 500 and Global 2000 enterprises worldwide, has been recognized for Completeness of Vision and Ability to Execute. This is the fourth consecutive year that GEP has received this Leader recognition from Gartner® for our P2P.
November 23, 2022 | Accounts Payable
Accounts payable invoices must go through numerous processes before they are approved. One of the first steps is to establish whether the invoice includes a matching purchase order (PO). What exactly is a PO invoice, and what distinguishes it from a non-PO invoice? Here's all you need to know.
November 22, 2022 | Supply Chain Software
The supply chain network design is defined as a working model that delineates the overall framework of a supply chain to assess the time and costs required to bring goods to the market. This model helps a business spot inefficiencies and potential risks in the supply chain. The model also helps analyze "what if" scenarios to optimize operations, reduce costs, improve service and increase responsiveness.
If you’re looking for market-leading digital transformation and procurement technology, look no further than GEP. Our unified procurement software platform drives greater efficiency and performance with a comprehensive solution for direct and indirect sourcing. And we’re not the only ones who know it.
GEP has been named a Value Leader—the highest ranking—in the nine most critical categories in the Spend Matters Fall 2022 SolutionMap, which ranks supply chain and procurement technology based on technical scores and customer satisfaction.
Dealing with today’s unpredictable world and preparing for the future requires organizations to move from a linear supply chain — which is only as strong as its weakest link — to an interconnected, multidimensional supply network that’s resilient, secure and agile. The ability to collaborate with the entire supplier ecosystem is crucial for the supply chain of the future.
October 25, 2022 | Supply Chain
Software supply chains have become increasingly vulnerable. And most organizations are not prepared to handle such risks.
SolarWinds, Kaseya and several other supply chain attacks have led technology firms to rethink their security procedures.
The SolarWinds attack was massive and impacted thousands of enterprises as well as government agencies.
October 18, 2022 | Supply Chain Software
Supply chains have always been vulnerable to disruption. Although rightly called the ‘plumbing of global commerce,’ supply chains have typically received little attention.
Unprecedented events such as the COVID-19 pandemic and the ongoing conflict in Ukraine have again put the spotlight on the vulnerabilities of global supply chains.
Fast evolving and rapidly changing customer needs have added to the current challenges in supply chain management.
October 18, 2022 | Supply Chain Software
Supply chain integration helps businesses to bring all stakeholders together for improving efficiency & cost savings. Explore the critical elements & barriers.