E-Procurement delivers significant value for buyers and suppliers
- Internet technologies have triggered significant changes in the way organizations buy and sell. Our partner C1 India, are the leading provider of e-procurement & e-sourcing solutions, helps organizations automate their entire purchasing cycle form indent to payment. By using web technologies to eliminate redundant paper-based processes, organizations can control spending, improve supplier and inventory management and reduce time spend on the acquisition cycle for new products and services. Our solution uses sophisticated technology that provides a secure marketplace enabling organizations to trade with anyone, anywhere, anytime.
- Organizations the world over have accepted the idea of saving time and money by procuring over the Internet, be it direct or indirect materials. The advantages of e-Procurement are now well known and well proven.
- For buyers, e-Procurement delivers significant value. A recent study shows that e-Procurement can cut processing costs by up to 70% and product costs by up to 5-15%. Significant reductions in the procurement cycle have been realized.
- Our hosted e-Procurement service enables users to source goods, works and services, manage orders, create workflows, check status of orders and receive those using commonly available browser tools from their desktop. The solution supports generally prevalent procurement processes.