What is procurement?
Procurement can be a process, a role and/or a department. Procurement begins with analyzing spend, identifying savings opportunities and negotiating contracts, and it extends up to managing vendor performances and settling final payments with numerous other processes in the middle. The procurement department's end goal is to develop and implement strategies that are targeted at maximizing value of every buck spend.
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 cloud, mobile and touch technologies this would be below unified procurement platform