GEP SMART streamlines complex buying and payment processes, reducing invoice cycle times. It receives invoices via EDI, email, or hard copies (OCR) and uses AI to validate them against original purchase orders and negotiated prices.
The unified procurement software integrates with your ERP system and performs two-way or three-way matching based on preset tolerances, rules, and user guidelines. It feeds matches, rejections, or exceptions into a workflow for buyer review and action. The powerful source-to-pay platform automates invoice matching, minimizing manual intervention.
THE GEP SMART ADVANTAGE
Invoice Reconciliation
Automate your invoice reconciliation process to eliminate errors, mitigate risks and reduce the burden on your Accounts Payable team and enable greater strategic insights.
Supplier Interaction
Enable supplier self-service, promote transparent buyer-supplier information exchange and build win-win partnerships with cloud-native GEP SMART.
Multi-Way Matching
With AI-powered GEP SMART, validate invoices against original purchase orders and negotiated prices with configurable tolerances and matching rules – all at the click of a button.
Dynamic Discounting
Automate your discount management process and improve cash management. The powerful procurement platform can also notify your AP team about upcoming payment-driven savings opportunities.
eInvoicing
Reduce invoice processing cycle time and boost supplier participation while improving spend visibility and optimizing cash flow with GEP SMART’s electronic invoice receipt management function.
Exception Handling
Maximize your invoice processing throughput with minimal input. Enable your buyers to resolve most of the issues that might cause an invoice exception before it even reaches your AP team.
