By the end of 2014, eProcurement is a definite Must-Have. eProcurement has transformed enterprises, improving corporate efficiency and collaboration with just skeletal staff. Web-based solutions make deployment to hundreds of users quick and simple.
Utilization is quick – leading to rapid ROI. eCommerce shopping with your major suppliers, supplier catalog management, and rules-based approval routing are integrated into the system, allowing users to access everything they need from anywhere, all without leaving your purchasing platform. Historically, as Aberdeen reports, enterprises using eProcurement show a 35% improvement in spend under management. Their requisition-to-order cost is cut 48%.