Transforming vast amounts of incomplete spend data from multiple sources into a coherent whole is a complex challenge. GEP SMART’s patented AI engine takes on this heavy lifting, combining human oversight, industry expertise, and a multibillion-record data set.
GEP SMART’s advanced AI for procurement examines every line of every invoice, leveraging available clues to classify spend with exceptional accuracy. The AI continuously learns and retrains, identifying exceptions and flagging data that doesn’t fit. This iterative process enables GEP SMART to build an accurate, reliable model of your spend.
Unified Procurement Platform
Spend Analysis
Advanced AI extracts real-time, deep insights from your spend data, enabling you to quickly understand spend and optimize savings opportunities based on your sourcing strategy.
Savings Tracking
Gain real-time visibility into cost-savings initiatives and their impact. AI eliminates redundancies and errors in data capture, tracking, and measurement.
Sourcing
Advanced AI capabilities streamline the evaluation and qualification of new suppliers, shortening the RFx-to-award cycle and helping you secure best-value agreements.
Contract Management
Generative AI reduces the time, effort, and resources needed to create, manage, and monitor contracts, boosting contract utilization and improving spend compliance.
Supplier Management
Generative AI strengthens supplier relationships by providing actionable insights to enhance negotiations, contract management, and dispute resolution, while promoting supplier collaboration.
Procure-to-Pay
Leverage AI to boost spend control through an intuitive, conversational purchasing experience, accelerate adoption, optimize compliance and shorten the req-to-pay cycle time.
