Signifying a technological quantum leap, Oryx Energies, the Swiss energy titan, has forged a partnership with GEP, a landmark move designed to revamp their supply chain and procurement operations across Africa’s Energy Sector. This strategic alliance underlines Oryx Energies’ commitment to harnessing digital innovation in all its forms.
Recognized as a prominent entity within Africa’s oil and gas sphere and a reliable provider of energy products and services, Oryx Energies has its sights set on artificial intelligence (AI) technology to bring about a radical transformation in spend management. After a rigorous selection procedure, Oryx Energies decided to adopt GEP’s AI-centric procurement and supply chain software, GEP SOFTWARE, as a means to streamline and automate its source-to-pay (S2P) process.
The envisaged digital metamorphosis promises enhancements across various fronts, including sourcing, supplier management, contract management, and accounts payable. Thanks to the AI-infused software, substantial improvements are anticipated in areas like accuracy, efficiency, and fraud prevention, with the added bonus of comprehensive insights and a revamped user experience.
Given that Gartner reports an impressive 91% of businesses now actively pursuing digital initiatives, it’s clear that digital transformation is increasingly becoming the norm. By tapping into the potential of digital technology, Oryx Energies is carving a niche for itself at the forefront of the African energy sector.
The integration of GEP SOFTWARE comprises two fundamental components: GEP SMART and GEP NEXXE. Celebrated as the world’s premier procurement software for two consecutive years, GEP SMART facilitates a total digital overhaul of end-to-end procurement operations. As an AI-enabled and cloud-native software, GEP SMART delivers a multitude of capabilities spanning spend analysis, savings tracking, sourcing, contract management, supplier management, and an end-to-end automation of the procure-to-pay (P2P) process.
Conversely, GEP NEXXE provides real-time visibility and fosters collaboration across intricate supply chains. Designed as a resilient, sustainable platform, it serves as a navigator for procurement and supply chain professionals grappling with intricate and volatile supply chain disruptions. With the added force of GEP MINERVA, GEP NEXXE utilizes cloud technology to enable uninterrupted collaboration among diverse tiers of suppliers, logistics providers, and partners while empowering users to tap into unstructured data and conduct predictive and prescriptive analytics.
Oryx Energies, with three decades of dedicated service promoting economic and social progress across Africa, has been consistent in sourcing, supplying, storing, and distributing energy products throughout sub-Saharan Africa. The strategic collaboration with GEP signifies a monumental step towards a future defined by digitization and efficiency in Africa’s energy landscape.
As AI and digital transformation disrupt the traditional dynamics of the global energy industry, Oryx Energies stands ready to redefine its influence and significance within Africa’s energy market. This pioneering partnership is poised to set a new benchmark for both Oryx Energies and the African oil and gas industry as a whole.
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