SMART Source to Pay (SMART S2P) delivers end-to-end procurement functionality — from strategic sourcing and spend management to vendor management, savings tracking, and accounts payable — for both direct and indirect spend on a single, unified platform.
It eliminates the need for separate modules, avoiding challenges like poor integration, limited data visibility and low user adoption.
SMART S2P’s intuitive, user-friendly design and seamless operation on any device drive high user adoption and compliance.
What SMART Source to Pay offers
GEP SMARTTM unifies the entire range of procurement software into a single platform, simplifying and optimizing the functionality.
Spend Analysis
The SMART Source to Pay tool cleanses, validates, classifies and reports spend data from all source systems to provide accurate, actionable information, with granular, item-level visibility across the enterprise.
Savings Tracking
The software makes it easy to plan, execute and track all cost-saving initiatives by bringing all relevant information onto a single platform with real-time visibility.
Sourcing
It optimizes sourcing by helping identify and evaluate suppliers, streamlining the RFX-to-award cycle through electronic tendering and auctions, and achieving best-value agreements.
Vendor Management
Streamline the management of supplier information; monitor vendors across the supply chain; use supplier scorecards, surveys, alerts and summary reports; track, measure and optimize supplier performance with SMART S2P technology.
Contract Management
It optimizes the process of creating, managing, monitoring and modifying contracts with suppliers, reducing the time, effort and paperwork involved.
Purchase Order and Invoice Management
It eliminates paperwork and errors by receiving and processing purchase orders, invoices and other documents.
SEE WHAT YOU CAN DO
- Catalog Management: Centralizes catalogs for easy purchasing with pre-approved suppliers and ecommerce options.
- Process Automation: Automates all source-to-pay processes, freeing resources for more value-added tasks.
- Cloud and Mobile Ready: Operates flawlessly in the cloud, accessible on any device, anytime, anywhere.
- Efficiency Boost: Automates source-to-pay, reducing paperwork and improving process efficiency and productivity.
- Cost Reduction: Centralizes processes, cuts delays and errors, and reduces costs across procurement activities.
- Complete Spend Visibility: Provides total visibility of spend across the purchasing cycle for improved decision-making.
SMART Source to Pay Consulting Services
GEP’s unified approach to digital procurement transformation helps clients more rapidly deploy the resources required to power a high-performance digital procurement organization. Our SMART Source to Pay Consulting Services help clients drive greater value from their investments in digital procurement and automation technologies.
GEP’s SMART S2P consulting services involve implementing a robust procurement support infrastructure, acquiring the necessary resources and tools, reviewing technology requirements and deploying best-fit solutions for our clients. To learn more about GEP’s SMART Source to Pay Consulting Services, contact us today.
Platform for Innovation
GEP continues to expand SMART Source to Pay, integrating Robotic Process Automation (RPA), Artificial Intelligence (AI) and Big Data Analytics. These technologies help procurement find growth opportunities and demonstrate value.
AI: Processes vast data from multiple sources, converting it into a unified whole.
RPA: Automates repetitive tasks, allowing procurement teams to focus on strategy.
Big Data Analytics: Combines internal and external data for deeper insights, improving planning and effectiveness.
