Procurement Savings Dashboard
Managing savings from procurement processes is rarely a straightforward process. Usually there are multiple strategic sourcing projects running in parallel, each intended to deliver savings to the overall target.
By category, region, or line of business, and with numerous different permutations of strategy, scope and scale, savings projects become complex and difficult to track. GEP SMARTTM gives you complete visibility of all your savings projects, across the enterprise. From a global view, you can drill down and filter the savings dashboard to reveal any set of savings projects and gain insights into performance against plan, down to individual savings projects.
The savings dashboard gives you an instant overview of savings performance, wherever you are and whatever device you are using. But not just that, GEP SMART lets you delve deeper into the projected savings for even better insights. With GEP SMART’s advanced analytical reporting capabilities, you can create any report, any graph, any chart from your strategic sourcing projects and publish each report to your team.
GEP SMART not only gives you the power to manage multiple savings projects at one time, but also gives you complete, granular visibility as you drive each project from planning to realization.
GET UP-TO-DATE, ACCURATE AND RELIABLE SUPPLIER INFORMATION WITH GEP SMART SUPPLIER MDM
GEP SMART integrates seamlessly with existing enterprise systems — ERPs, SRMs or sourcing tools — to create new supplier records and update transactions. Supplier master data is validated and cleansed automatically while loading.
GEP SMART ’s Supplier Master Data Management tool automatically aggregates, cleans and normalizes supplier data records. It then compares the supplier master data to GEP SMART s Vendor Master for verification and quality assurance.
Supplier MDM processes data in batch and real-time cadences. Real-time services execute at point of entry, record creation and updates. Batch services execute against existing supplier records during migration and initial integration.
Review actions taken by the Supplier MDM tool ensure enterprises have a single, trusted source of truth for all supplier data. Users can centrally govern master data using configurable business rules, enabled processes and workflows.
GEP SMART ’s vendor master acts as a trustworthy primary source for the master data records of every supplier in the enterprise. This ensures that the supplier risk and performance modules are consistently stocked with accurate vendor data.
Supplier MDM removes, duplicates and enriches records with verified updates, ensuring accurate and up-to-date data. It also provides holistic visibility into supplier history and performance across operating units, time, and geography.