Gep news and trends

GEP Introduces AP Automation Service To Reduce Costs, Risk
B2B Payments // July 23, 2020

GEP, which works in procurement and supply chain strategy, has launched its new accounts payable (AP) solution, which will help automate AP services through cloud technology, artificial intelligence (AI) and machine learning (ML), according to a press release. The goal is to provide a better...

Supplier Risks And Confronting Supply Chain Unknowns
B2B Payments // November 11, 2016

When it comes to mitigating supplier risk, even the largest corporations are sometimes flying blind. “You never know what you don’t know,” as Paul Blake, senior manager of technology product marketing at procurement software firm GEP, put it. Sure, a corporation with complex international supply...

GEP Zeroes In On eProcurement Risk
B2B Payments // November 04, 2016

Digital procurement software firm GEP is targeting risk associated with B2B trade with a new partnership. The company revealed this week that it is partnering with Global Risk Management Solutions (GRMS) to integrate GRMS’ supplier risk management capabilities within the GEP procurement platform. The integration...

Supplier Risk, Spend Management Prove Critical For Banks’ Procurement Needs
B2B Payments // June 10, 2016

Not all verticals are created equal when it comes to the procurement process. Priorities in managing procurement will range from cost of the software to the ability to handle industry-specific needs. For financial institutions, procurement means working with external suppliers that could potentially introduce the...