eProcurement Blog by Purchasing Platform helps you stay abreast with latest news & events related to Procurement, purchasing, procure-to-pay (P2P), Spend Management, eSourcing, Catalog Marketplace, Vendors / Supplier Management.
Purchasing Platform on its eProcurement Blog shares articles that will help build a proactive spend culture and grow your business. Sign up on Purchasing Platform – The Online Marketplace for Procurement.
The success of Amazon Business for procurement has shown that e-procurement, as well as B2B Marketplace, has come to stay.
B2B marketplace for Procurement helps small businesses to greatly profit as they greatly benefit from lower rates, faster processing, and efficient procurement process.
A couple of years back, only a handful of businesses made use of eProcurement .
The number of big and small businesses joining Group Purchasing organization (GPO) in 2018 has jumped through the roof. Group purchasing is still a new concept online.
eProcurement by Purchasing Platform allows our customers to browse online catalogs, add items to a shopping cart and submit the requisition electronically. Orders may also be created manually for complex purchases of capital equipment and professional services. Completed requisitions are routed for review or approval via electronic workflow. Requisitions to select suppliers included in the hosted “eCatalog” will automatically generate purchase orders and transmits them to the suppliers. All other approved eProcurement requisitions are routed to purchasing agents for Purchasing Services review and processing into purchase orders.
Purchasing Platform is web-based, collaborative system to facilitate the full lifecycle of a tendering process, for both buyers and suppliers. Purchasing Platform offers a secure, interactive, dynamic environment for procurements of any nature, size, complexity or value.
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