Electronic Procurement (e-procurement), every so often also known as supplier exchange is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and facilities through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning.
The e-procurement significance sequence consists of e-Informing, e-Tendering, e-Auctioning, vendor management, catalogue management, Purchase Order Integration, Order Status, Ship Notice, e-invoicing, e-payment, and contract management.
Implementing an e Procurement system benefits all levels of an organization. E Procurement systems offer improved spend visibility and control and help finance officers match purchases with purchase orders, receipts and job tickets. An e-procurement system also manages tenders through a web site. This can be accessed anywhere globally and has greatly improved the accessibility of tenders.
Manual data entry, paper-driven processes, and legacy software systems have plagued procurement for too long. At Grow Desk Consulting we develop software solutions that comprehensively automate all business procurement processes and applications, systems that change the way businesses optimize every resource.
Our E-procurement systems focuses on procurement planning, management of suppliers, requisitions, quotations, contracts and receipts are set to be shifted to a more effective and cost efficient online transaction. Also enabling suppliers to access the status of their purchase or service order issued and payments.