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e-Procurement
Enhance operational spending
Facilitates a fast and effective purchasing workflow that fully adheres to your company’s procurement guidelines.
Enables vendors to offer products and services to your company.
User Friendly Interface
Less Supplier Queries
Complete Visibility & Control
eProcurement | Purchasing |
|---|---|
Process includes identifying needs, sourcing and closing contracts | Process includes ordering the goods or services, expediting and fulfilling payments |
Internal process used in production environments | External process used primarily in wholesale environments |
Focuses on building long-term relationships with vendors | Focuses on the transaction rather than the creation of a relationship with the vendor |
Includes everything that happens before, during and after receiving the goods and services | Only details how the goods and services are bought |
Refers to the process of receiving goods and services from an external supplier | Activities related to the buying of goods and service s from an external supplier |
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