11/15/2020 0 Comments Vistalink Spend Management
With beautifully rendered interfaces and flexible workflows, GEP provides users fresh, intuitive digital workspaces that boost adoption, productivity and performance.Our managed services for procurement and supply chain management are flexible and can be configured to meet your organizations most exacting needs, whether its end-to-end outsourcing or targeted solutions for specific focus areas.From end-to-end procurement outsourcing to point solutions like category management, strategic sourcing and procurement operations, GEP offers customized solutions to meet your specific strategic, operational and financial objectives.
We combine best-in-class processes, cutting-edge technology and deep understanding of market-leading supply chain organizations to help enterprises move beyond cost savings and make the supply chain their competitive advantage. Vistalink Spend Management Trial Manufacturing LifeDesign Implementation Capability Building Change Management Governance Performance Processes Policies S2P Operations Sourcing Category Management Technology Digital Procurement Transformation Opportunity Assessment MA Services MA Services Back MA Clean Room Strategic Cost Management Strategic Cost Management Back Zero-Based Budgeting Should-Cost Analysis Supply Risk Management Supply Chain Consulting Supply Chain Consulting Back Supply Chain Strategy Supply Chain Diagnostics Inventory Optimization Network Optimization GEP Managed Services GEP Managed Services Back Procurement Outsourcing Procurement Outsourcing Back Source-to-Contract Spend Analysis Strategic Sourcing Strategic Sourcing Back MRO CAPEX Logistics Packaging IT Telecom Energy Direct Materials Category Management Category Management Back Contract Management Supplier Performance Management Savings Compliance Tracking Low-Cost Country Sourcing Supply Market Intelligence Tail-Spend Management Procurement Support Services Procurement Support Services Back eSourcing Supplier Performance Management Savings Compliance Tracking Sourcing Support Procure-to-Pay Cost Recovery Invoice Auditing Accounts Payable Supply Chain Outsourcing Supply Chain Outsourcing Back Planning Forecasting Inventory Management Logistics Management Supply Chain Data Management Supply Chain Risk Management Industries Industries Back Chemicals Consumer Packaged Goods Energy Utilities Financial Services Government Nonprofit High-Tech Industrial Manufacturing Life Sciences Travel Hospitality Oil Gas Telecommunications, Media Technology Knowledge Bank Knowledge Bank Back COVID-19 Resource Center White Papers Research Reports Bulletins Case Studies Webcasts Blogs Podcasts Company Company Back Leadership Customers News Events Culture Culture Back GEP Core Values WomenGEP Diversity GEP Cares Mission Vision Awards Recognition Contact Us Global Presence Global Presence Back Americas Americas Back English Espaol Portugus Europe Europe Back English Deutsch Asia-Pacific Asia-Pacific Back English Contact Us Careers Careers Back The GEP Way The GEP Way Back All That Defines Us Badges of Honor GEP Voices Ideas That Drive Us The GEP Difference The GEP Life The GEP Life Back Buddies and Mentors Campus Connect Fun GEPSI Women GEP Join Us Join Us Back Global United States Europe Latin America Asia Pacific India India Back Students Graduates Rapid Response from GEP. Without proper control mechanisms in place, noncompliance can become the norm playing havoc with your strategic plans. Its an ongoing process comprising all aspects of spend analysis, classification, data and performance management. Backed by proprietary spend management technology, our industry-leading spend management consultants help global enterprises develop meaningful, durable programs to control and optimize spend and effectively improve the bottom line. ![]() This radically reduces the chances of supplier nonperformance or noncompliance. This creates productivity gains and a stronger focus on strategic activities. Using an approach called closed-loop spend management, we separate actions that generate value from those that erode it to identify previously unrecognized opportunities. This involves the application of strategic thinking to develop a practical roadmap for bringing more spend under management and driving all-round enterprise value. This could include vendor rationalization through tactical sourcing activities, renegotiation of existing terms, or simply establishing robust approval hierarchies. We craft a holistic solution for the long haul, configuring business processes and management practices so that compliance and contract utilization are simple and easy for all stakeholders and buying off-contract becomes the difficult option. The paper also cites specific examples to underline the utility and. Faster approvals. AccountsPayable automation can make all of.
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