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If you’re planning a transition to eProcurement, you’ve likely come up against the question “who should pay for this?” The pandemic put a strain on already tight public sector budgets and demand for new projects only continues to climb. What is vendor-paid eProcurement? And for good reason. powered by Sounder.
Government expenditure through publicprocurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. Having a solid understanding of publicprocurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement.
In the public sector, these challenges have the potential to impact entire municipalities. 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.
Embarking on an eProcurement implementation can result in more efficient government, improved compliance and increased transparency. There hasn’t been an implementation project that I have been a part of where the team walked away without lessons learned for future implementations, and public sector implementations are no exception.
Last week in Rome, we brought together over 100 leaders from 26 European governments , EU institutions, global organizations like the World Bank, OECD, EBRD, and UNOPS, civil society, and the private sector for the 3rd International Open and Sustainable PublicProcurement Conference 2024.
At Bonfire, we get to work with hundreds of publicprocurement professionals every day. On March 15, we brought together procurement professionals from crown corporations across Canada for a virtual roundtable discussion. What general policies do crown corporations follow when it comes to procurement, POs, and contracts?
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