eProcurement Solution

8 Steps to eProcurement Success

8 Steps to eProcurement Success
8 Steps to eProcurement Success Do you want to save time, effort and procurement costs? Have you noticed that manual procurement process is person dependent, involves a lot of paperwork, repetitive tasks and is time-consuming? Redefine Procurement! Digitize & Automate your procurement process with an e-Procurement software solution. e-Procurement or electronic procurement refers to the purchase of goods or services online. Implementing e-Procurement in an organization involves automating the procurement process, using a suitable software solution. A well thought implementation methodo...
Read More

What are the benefits of e-Procurement ?

What are the benefits of e-Procurement ?
What are the benefits of e-Procurement?   Procurement costs generally account for 60% to 70% of the total expenditure of Manufacturing SMEs. Procurement is a critical business function, affecting the overall performance and efficiency of an organization. Most Manufacturing SMEs face challenges such as limited human resources, market competition, a struggle to meet delivery commitments, etc. Most manufacturing SMEs still carry out manual procurement process, which involves a lot of tedious, recurring activities to be performed with limited manpower, time and skills. Let us now understand how M...
Read More

What is e-Procurement? Components of e-Procurement

What is e-Procurement? Components of e-Procurement
What is e-Procurement? E-Procurement or electronic procurement is the process of purchasing goods or services online. e-Procurement software solutions help to automate the entire manual procurement process right from requisition of goods to issue of the purchase order. Organizations, mainly those in manufacturing or related sectors, typically spend 60% to 70% of their total expenditure on the procurement of material and services. These materials and services have a large impact on their final product quality, product cost, product delivery, and customer satisfaction. Hence, procurement has b...
Read More