Core to the success of any program designed to achieve full spend visibility and control is the requirement that the underlying data is complete, can be trusted and in some kind of common framework allowing like-for-like comparison.
When the sources of all that data are disparate systems, from different vendors, different locations, and deployed for different environments, then the data that they can export can appear, at first glance, wholly different – even chaotic.
Making sense of all that data is at the heart of spend analysis and the first step is to bring it all together in some framework that allows differently-formatted data to be considered on an equal footing. This is where SMART by GEP – or rather where GEP’s spend data expertise comes in.
Irrespective of where your spend data currently resides, SMART by GEP can bring it all together and make sense of it. Whether your spend data is in a couple of monolithic ERPs or distributed over literally hundreds of local accounts payable systems, we have the processes and expertise to aggregate, normalize and classify the data into a single coherent view of enterprise-wide spend.
Every customer’s data landscape and requirements are unique. In many cases, enterprises have spend data in a single legacy system but not in great shape, which conventional spend analysis tools might not be able to process. In other cases, the spend data may be spread across many different locations and back-office systems. And while that data may be clean and useful on a local basis, making sense of the whole, with a single view of the truth across the enterprise, can be a big challenge.
That's what distinguishes SMART by GEP from rest of the spend analysis solutions. Irrespective of the data source or format, we can incorporate it into your overall spend visibility solution. You don't have transform or sort any data in-house, we will take care of everything. Our customers provide us, sometimes, with many hundreds of data files, each from a different system and SMART by GEP can process them all into a single, unified view.
Regardless of your current system, SMART by GEP will work on that data and transform it from chaotic and unreliable to fully classified and reportable, with extremely high accuracy.
Whatever the complexity of the source — unlike conventional spend analysis software — SMART by GEP can handle it, delivering extraordinary accuracy and crystal clear visibility of your spend.
GET UP-TO-DATE, ACCURATE AND RELIABLE SUPPLIER INFORMATION WITH SMART BY GEP SUPPLIER MDM
SMART by GEP 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.
SMART by GEP’s Supplier Master Data Management tool automatically aggregates, cleans and normalizes supplier data records. It then compares the supplier master data to SMART by GEP'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.
SMART by GEP’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.