What is meant by source-to-settle?
Source-to-settle is an integration of sourcing and purchasing processes. The different stages involved in a source-to-settle cycle include: requisitioning, sourcing, RFx, auctions, generation of purchase orders, receipt and payment of invoices along with every process in between.
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