1 / 10

What Is E-procurement & Procurement Software Features?

The process for purchasing products and services for your business through online portals/platforms is called e-procurement. It has such features which can enhance control over your internal procurement processes.<br>

Elitemindz123
Télécharger la présentation

What Is E-procurement & Procurement Software Features?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. HTTPS://WWW.ELITEMINDZ.CO WHAT IS E-PROCUREMENT?

  2. INTRODUCTION The process for purchasing products and services for your business through online portals/platforms is called e- procurement. It is entirely a business-to- business arrangement. P R E S E N T A T I O N B Y E L I T E M I N D Z

  3. PROCUREMENT SOFTWARE FEATURES P R E S E N T A T I O N B Y E L I T E M I N D Z

  4. SUPPLIER MANAGEMENT Your e-procurement system should have supplier onboarding functionality to ensure that purchasing occurs only with approved suppliers—Drive-spend under management by purchasing from contracted suppliers that offer the best value. P R E S E N T A T I O N B Y E L I T E M I N D Z

  5. SEAMLESS INTEGRATIONS Your e-procurement software of choice should offer integrations with financial systems, ensuring accuracy and process efficiency. Choose e-procurement software that complements and extends cloud or on- premise ERP or accounting solutions for end- to-end procure-to-pay efficiency. P R E S E N T A T I O N B Y E L I T E M I N D Z

  6. RISK MANAGEMENT Effective e-procurement software improves audibility. Be sure to source a solution that offers audit trails that detail transactional and user activity, with the date and time stamps. This transparency accountability – a powerful driver of changes in spending behaviour. promotes P R E S E N T A T I O N B Y E L I T E M I N D Z

  7. APPROVAL WORKFLOWS Configuring workflows shouldn’t require any additional time or money. Workflows should be automated, with multi-level escalation and no manual intervention from the end- user. Your procurement workflows must supply approvers with alerts and email notifications to prompt action and flag potential risks. P R E S E N T A T I O N B Y E L I T E M I N D Z

  8. POLICY COMPLIANCE Protect working capital by configuring your spending policies in your e-procurement platform. Your solution should actively manage policy compliance employee spending behaviour, enhance audibility, and provide the internal controls you need to maintain profitability. to guide P R E S E N T A T I O N B Y E L I T E M I N D Z

  9. HTTPS://WWW.ELITEMINDZ.CO CONTACT US SCHEDULE A FREE E-PROCUREMENT DEMO MAIL: INFO@ELITEMINDZ.CO PH.NO: +91-7428192014

  10. HTTPS://WWW.ELITEMINDZ.CO THANK YOU! PRESENTATION BY ELITE MINDZ

More Related