Pagero and GEP®, a leading provider of procurement and supply chain software to Fortune 500 and Global 2000 enterprises worldwide, announced a global partnership that will allow GEP customers to digitalize their financial processes in accordance with e-invoicing regulations and get access to government platforms for e-document exchange.
Digitalized accounts payable processes
The partnership will give GEP customers the possibility to connect to the cloud-based, Pagero Network, one of the world’s largest open networks for business transactions, that currently connects over 12 million businesses around the world.
With a seamless integration to GEP and a single connection to Pagero, companies can automate and digitalize their accounts payable processes, and receive all invoices electronically, straight into their financial system – from day one. This reduces time-consuming and error-prone manual tasks and allows for more control over company spend.
A fully compliant solution
One of the decisive factors behind the partnership was Pagero’s expertise within the compliance space. Given the rise of e-invoicing regulations and continuous transaction controls (CTC) as a governmental strategy to combat tax evasion, GEP are seeing a growing need from businesses to comply with local requirements. The partnership also provides customers with access to Peppol for secure, borderless trade in the markets where Peppol is the chosen infrastructure for electronic messages.
“GEP is excited about our partnership with Pagero to provide our customers with global e-invoice compliance solutions. Our GEP SMART™ Unified Source-to-Pay Procurement Software will leverage Pagero Network to meet Peppol compliance requirements by connecting buyers and sellers for automated, compliant, and secure exchange of orders, invoices, payment instructions and other business documents,” said Ken Legge, GEP’s VP of Global Partnerships and Alliances.
“I’m very happy to announce our new strategic partnership with GEP. Their expertise in supply chain and procurement, along with Pagero’s global network, will allow customers to fully comply with the ever-changing regulatory landscape around e-invoicing – with one integrated solution”, says Alexander Jansson, VP of Partner Development at Pagero.
About GEP SOFTWARE
GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP® provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity. GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology. GEP’s software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty. A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, Procurement Leaders and Spend Matters. GEP SOFTWARE is part of Clark, NJ-based GEP — the world’s leading provider of procurement and supply chain strategy, software and managed services. To learn more, visit www.gepsoftware.com