The source-to-pay (S2P) process is essential for driving cost reduction, risk management and sustainability, yet it is often hindered by complexity and inefficiency. GEP SMART S2P, powered by the AI-driven GEP QUANTUM platform, streamlines every procurement function to accelerate cycle times, reduce costs and mitigate risks. With deep market intelligence, AI-powered insights and support for both direct and indirect materials, GEP SMART enables total procurement orchestration while delivering an exceptional user experience for maximum efficiency and value.
Core Functions to Transform Procurement
AI-Powered Orchestration
Integrates data and synchronizes processes across procurement — from intake, sourcing, contract, supplier, category, spend, risk to payment and across domains, delivering outcomes and significant cost savings.
Intake Management
Guides users through requests and approvals with real-time status updates, using an intuitive, conversational, and persona-driven interface to deliver a seamless, superior experience while ensuring compliance.
Category Management
Provides enterprise-wide visibility, real-time market intelligence and insights. Users can create category strategies for direct and indirect spend, leveraging data to automate their execution into actionable projects with clear plans.
Spend Analysis
Gathers raw spending data from multiple systems, categorizes every dollar spent according to a defined taxonomy, analyzes spending patterns, and identifies the best opportunities for cost savings.
Sourcing
Optimizes supplier selection, cost savings and value by enabling collaboration, managing RFx processes, conducting reverse auctions, overseeing supplier and contract management, and advancing ESG requirements with analytics and reporting.
Contract Management
Mitigates financial risks and captures value by managing business and contract risks, driving compliance, and executing obligations and warranties with an intelligent enterprise-wide contract lifecycle solution.
Supplier Management
Enhances supplier performance and innovation while reducing risk. Empowers users to manage supplier records, onboarding, collaboration and interactions, driving value and relationships across a multitier collaborative network with advanced AI.
Third-Party Risk Management
Safeguards business continuity and reputation by enabling organizations to manage and monitor third-party risks with proactive risk-mitigation strategies throughout the S2C process and vendor lifecycle.
Procure-to-Pay
Drives efficiency, improves budget control and compliance, and optimizes cash flow by automating the entire P2P process. Provides end-to-end visibility and touchless workflows across intake, requisition, purchasing, invoicing, and payment.
Savings Tracking
Provides a complete view of savings projects, enabling real-time collaboration to create, monitor, and manage the pipeline, accelerating savings realization and aligning stakeholders.
Direct Material Sourcing
Drives cost optimization and informed decisions with deep insights on BoM requirements, material specifications, supplier capabilities, production timelines, and associated risks.
Top Rated by Real Users
4.4 rating
4.4 rating
4.4 rating
Key Differentiating Features
Transforms data into intelligence, empowering decision-making with advanced category analytics, best practices and a robust workbench with 100k+ market indices. Offers supplier insights, should-cost management, and predictive intelligence to optimize cost, risk and sustainability.
Leverages generative AI and advanced analytics to address both strategic and operational challenges. The platform is scalable, future-proof and designed to provide practical solutions with real-world AI use cases embedded into the entire S2P process, ensuring strong data governance and security.
Enables organizations to select an end-to-end solution for full potential or select individual capabilities to meet specific needs. Allows users to tailor to implement the solution out of the box for fast deployment or perform high-level customizations for complex environments to deliver business outcomes and enable strategic transformation.
With easy system integration capability, empowers users to create flexible workflows with low-code functionality through a personalized user experience, enabling agile supply chains and reducing reliance on IT.
Helps organizations set baselines, define targets, take meaningful action and report on ESG performance. Assesses and categorizes suppliers’ ESG maturity and performance to accelerate ESG initiatives.
Empowers organizations to proactively monitor, mitigate and manage supply, supplier, and supply chain risks through an intelligent, comprehensive risk framework. Ensures operational stability, improves compliance and supply chain resilience.
