Difference between revisions of "E procurement"
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'''E-procurement'''. (Electronic Procurement) It is a tool for managing the procurement with the integration of the vendors in a business-to-business (B2B) relationship. | '''E-procurement'''. (Electronic Procurement) It is a tool for managing the procurement with the integration of the vendors in a business-to-business (B2B) relationship. | ||
| − | It integrates the | + | It integrates the [[Procurement]] processes, cuts transaction costs for buyers, and simplifies the workflows for vendors and the access to the market. |
The e-procurement includes a set of technologies, processes, operations, and organizational procedures for the acquisition of products and services online through the opportunities offered by the development of the web and e-commerce. | The e-procurement includes a set of technologies, processes, operations, and organizational procedures for the acquisition of products and services online through the opportunities offered by the development of the web and e-commerce. | ||
[[Category:Fintech]] | [[Category:Fintech]] | ||
| + | [[Category:Procurement]] | ||
Latest revision as of 11:21, 9 March 2022
Definition
E-procurement. (Electronic Procurement) It is a tool for managing the procurement with the integration of the vendors in a business-to-business (B2B) relationship.
It integrates the Procurement processes, cuts transaction costs for buyers, and simplifies the workflows for vendors and the access to the market.
The e-procurement includes a set of technologies, processes, operations, and organizational procedures for the acquisition of products and services online through the opportunities offered by the development of the web and e-commerce.
