Category: eProcurement

EProcurement  has made it easier than ever to manage and monitor the performance of all contracts, tenders, and documents in one central location. Nowadays, most businesses are leveraging eProcurement  because they want to reduce cost, increase productivity, manage spending responsibly, and provide visibility into day-to-day transactions.

eProcurement  or E-procurement is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning.

The benefits  are becoming more evident as businesses are now leveraging this procurement technique. Just like the name sounds, it  gives both small and big businesses an opportunity to procure goods and services through the internet. It is the automation of supply chain processes with the use of technology.