Automatic Data Cleansing and Validation
The secret to effective spend analysis lies not in what type of graphs and reports you can create based on your spend data, but in the accuracy and reliability of that raw data. Reporting, based on incomplete, erroneous and unreliable spend data is a definite recipe for disaster.
GEP SMART ensures that the spend analysis reports you generate are as trustworthy as they are intuitive. The key differentiator of GEP SMART’s spend analysis functionality is how your spend data is classified and validated, based on your rules.
Working to your choice of taxonomy and spend data validation rules, GEP SMART procurement software combines patented artificial intelligence, and a vast set of data models based on billions of transactions and industry-leading human category expertise, to create an holistic understanding of your organization’s spend data.
With each data refresh, the cleansing, classification and validation process is accelerated as our system increases its understanding of your data. GEP SMART rapidly achieves extremely high levels of classification accuracy to help you create and share reports with absolute confidence that what you have is a complete and reliable view of your spend.
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.