If you can’t measure it, you can’t control it — and you certainly can’t fix it. With numerous categories, baseline assumptions and savings formulas along with limited control over users and limited visibility into contract compliance, it’s easy to lose savings from sourcing efforts by the time of purchase. GEP provides comprehensive savings and compliance tracking, allowing CPOs, CFOs and category managers to track potential versus realized savings, measure non-compliance drivers and reduce maverick buying. Our customized dashboards offer procurement performance tracking and actionable insights.
Use Data, Spot Compliance Gaps
At GEP, we leverage advanced technology and analytics to capture spend data from client ERP systems, measure deviation against identified savings and pinpoint the root causes for non-compliance (vendor, price, demand or errors).
Reporting is delivered through an interactive, customizable dashboard that drills down into non-compliance causes by category, business unit or supplier, facilitating timely corrective actions.
"GEP achieved good growth on the back of its deep domain expertise, strong strategic sourcing capabilities and a robust digital ecosystem including its proprietary solutions to strengthen its position as a Leader in Everest Group’s 2023 Procurement Outsourcing (PO) — Services PEAK Matrix® Assessment."
Vignesh Kannan
Vice President, Everest Group
