GEP Unveils AI-Powered Total Orchestration Solution
GEP, a global leader in AI-driven procurement and supply chain solutions, has launched the industry's first AI-powered total orchestration solution.
This advancement aims to enhance enterprise efficiency and revolutionise user experience, setting a new standard for excellence in procurement and supply chain management.
Addressing the increasing trend of non-procurement professionals using procurement applications, this new tool assists those engaging in the process. Despite advancements in software capabilities, many users still find procurement processes complex.
How the tool will work
Known for its innovation as a source-to-pay full-suite provider, GEP supports users through its Total Orchestration solution.
It includes a built-in co-pilot that embeds intelligence across complex workflows while simplifying the end-user experience.
GEP’s orchestration engine features cutting-edge AI, low code, data harmonisation and workflow design to reimagine the end-user experience.
"In a few years, more than 80% of procurement transactions will be executed by non-procurement business users," says Santosh Nair, Chief Product Officer at GEP.
"GEP's orchestration solution provides users with a simple guided intake process and visibility into the next steps with conversational collaboration and auto-fulfilment of their needs. The solution is an advanced intelligent engine that orchestrates the whole procurement flow and integrates seamlessly with other applications in the ecosystem."
Leveraging its GenAI and low-code platform, GEP QUANTUM, GEP's orchestration approach adeptly understands and guides users' buying decisions. It streamlines all processes and improves collaboration, decision-making and control over enterprise spend, uncovering and delivering superior value.
GEP orchestration also drives how GEP SOFTWARE integrates with solution and data providers from the wider ecosystem, providing customers with a command centre across a multi-enterprise network.
GEP QUANTUM and its impact
GEP QUANTUM is an AI-first, low-code application development platform designed for agile and dynamic enterprises.
It powers GEP’s market-leading procurement and supply chain platforms, GEP SMART and GEP NEXXE, enabling the development of innovative and disruptive solutions.
The platform blends AI, data, human expertise, and application development to help businesses stay ahead in innovation and future-proof their operations.
GEP orchestration streamlines the entire S2P process for users by:
- Supporting Guided Purchasing: Users initiate a request or ask for something they need using a simple search bar, eliminating dozens of steps and clicks. Non-technical users are guided to the optimal buying channel or result within one click.
- Providing supplier recommendations: Users receive relevant and preferred suppliers based on various factors, including category, sustainability, risk, diversity, and prior participation, as well as price. Additionally, users can create sourcing events or contracts directly using search.
- Democratising intelligence and dynamic reporting: Using natural-language queries instead of pre-determined charting, users can analyse and create high-level dashboards of data from any source.
- Automating contract management: Users can view and manage their contractual obligations and sub-activities, with tasks automatically marked as complete based on invoice payment or supplier upload.
- Increasing adoption and productivity: By synchronising processes within the entire source-to-pay process, GEP increases efficiency, transparency, and enterprise collaboration.
- Empowering users: With the intelligence to understand the intent, the system automatically guides employees through the correct process and routes the best possible path through the entire source-to-pay process.
Through this comprehensive approach, GEP's orchestration solution not only streamlines procurement and supply chain processes, but also enhances overall financial management and business efficiency.
These innovative solutions enable businesses to optimise their operations, maintain competitiveness and achieve sustainable growth.
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