What is the savings tracking process?
In the procurement landscape, the term €˜savings tracking' is the process of monitoring the savings realized through strategic sourcing and other cost-reduction initiatives adopted by the procurement organization. Through this process, stakeholders can be updated on the progress and results of various savings initiatives.
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