e-Procurement is a solution which enables electronic management of the entire procurement process. The procurement process is generally a fairly easy process; however, it can be time-consuming.
The electronic procurement process enables you to:
- Transparently submit and confirm purchase requests.
- Shorten reaction times within the process and speed up the implementation of the procurement process.
- Increase your performance and control of the procurement process.
All purchase orders are thus accessible to all process participants with a simple mouse click, without having to deal with time-consuming searching through paper documents. The procurement process is also connected to the process of the electronic liquidation of the received invoices (e-Invoices) and can link each purchase order to its matching received invoice for the goods or service ordered.
Each purchase order comprises information on the order type (single purchase, contract, etc.) and the requested product or service description, and solution can be linked to a code list of suppliers. In the final phase of the process, the procurement clerk or the procurement department prepares a contract or purchase order form for the chosen supplier.