What is opportunity analysis in procurement?

In procurement, opportunity analysis is the process of identifying means to capture value through sourcing. It facilitates sourcing process improvements and highlights possible savings opportunities. Opportunity analysis generally involves analysis of the organization's requirements, suppliers, spend and existing sourcing methods.

Unified Procurement Platform

GEP SMARTTM is a cloud-based, source-to-pay procurement software that delivers comprehensive spend, sourcing and procurement functionality in a single, unified platform native to cloudmobile and touch technologies this would be below unified procurement platform