GEP helps clients establish highly effective governance and performance management systems to ensure the success of their procurement transformation programs. We ensure that your enterprise has the right framework — processes, tools and policies — to drive higher compliance and performance for your procurement organization. We also help you establish key metrics — financial, customer, operational and innovation, among others — for your procurement organization that efficiently measure performance throughout the life cycle of the transformation program.
Optimizing Procurement Performance with Insight and Innovation
Compliance Management
Be it strategic sourcing, contract management, or any other procurement process, compliance is key to ensuring sustainable results from procurement transformation initiatives. We adopt a continuous improvement approach to compliance management that incorporates compliance tracking, identification of non-compliance levers, and an action plan for compliance improvement. We offer customized dashboards for client-specific processes to simplify and optimize compliance management.
KPI Management
Without effective performance management mechanisms, it’s impossible to sustain the results achieved from a procurement transformation program. GEP helps enterprises measure and reward performance. We leverage our experience with best-in-class procurement organizations to develop a comprehensive performance management system for your enterprise with role-specific KPIs — for business leaders, suppliers and employees — and an open feedback loop to build an ecosystem that promotes superior performance.
Capability Building
At GEP, we believe capability building starts with identifying your business needs, developing the right procurement strategy, and creating a robust organization with the proper people, processes and technology to achieve your business goals. Based on your business objectives and a comprehensive procurement capability assessment, we help you determine your scalability needs and attain the desired responsiveness for your procurement function.
Tech-Driven Approach
GEP leverages innovative source-to-pay technology to help clients get better compliance and performance from their procurement teams. Our unified source-to-pay procurement software platform, GEP SMART, offers comprehensive compliance and performance dashboards to enable fluid information, process and workflow, yielding enhanced visibility and effective decision-making.
