The term ‘purchasing’ describes every transactional process related to acquiring goods or services. It also includes the process of payment of invoices. The purchasing process usually starts only after the potential buyer has identified or defined the requirement and it ends after receipt of the good or service and payment of invoices.
Unified Procurement Platform
SMART by GEP® 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