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What is eProcurement?

ivalua

Difference Between Procure to Pay and eProcurement. Eprocurement or e-procurement comes from electronic procurement. Benefits of an eProcurement Solution. Also, an eprocurement solution provides you with clean spend data, which is the basis for a sound spend analysis and eventually relevant category management.

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The risks of vendor-paid eProcurement

Bonfire

If you’re planning a transition to eProcurement, you’ve likely come up against the question “who should pay for this?” With so many competing priorities and budgetary constraints, when does it make sense to go with a vendor-paid eProcurement model? What is vendor-paid eProcurement? And for good reason. powered by Sounder.

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Highlighting the Impact of eProcurement in the Public Sector

ivalua

eProcurement solutions are helping government agencies not only overcome those challenges but create new efficiencies never before possible, manage spend more effectively and deliver more value to the public. The post Highlighting the Impact of eProcurement in the Public Sector appeared first on Ivalua.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

It is an important part of the decision-making process and requires careful consideration of a wide range of factors, such as cost, quality, reliability, and delivery times. That’s why it’s important to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend.

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10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution)

Bonfire

The post 10 Things Your ERP Can’t Do (And Why You Need an eProcurement Solution) appeared first on Bonfire. ERP systems are great for many things, and are integral to many public agencies’ core functions, like finance management and HR.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

It’s also important to regularly audit procurement processes and ensure you’re following industry best practices. Tools like eProcurement platforms, contract management systems, and supplier portals streamline tasks such as order processing, invoice management, and supplier communication.

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The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

MENA countries import a lot of food; disrupted supply chains and price increases mean potential food shortages. Cut off from these important imports, MENA companies sharpened their focus on transforming supply chains, as a means of becoming more resilient and agile. Enter eProcurement.