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eProcurement

Definition: eProcurement

Purchasing software enables the management of all a company's purchasing processes. The first people to be affected by this software are buyers, validating buyers (purchasing managers) and suppliers.

 

Objectives of eProcurement software

Implementing Purchasing software has many advantages not only for the Purchasing Department, but also for the entire company. Here are five of its main advantages:

 

How to use eProcurement software

Purchasing software provides real-time access to order information including:

The functions of a Purchasing software allow users to reach its main objective - simplifying the purchasing processes of a company.

 

Examples of different eProcurement solutions

Here are some of the eProcurement solutions on the market:

Ivalua

Synertrade

 

SAP Ariba

Proactis

 

Jaggaer

 

Oracle

 

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