E-Commerce & E-Procurement: What Are They And How They Differ
As technology in all its forms, including e-procurement, is helping us streamline many back-office operations, we’re witnessing new concepts and models emerge in the digital era. They take root so quickly that we don’t get the chance to fully understand what they mean, even though we’ve heard about them repeatedly. E-commerce and e-procurement are the […]
How to Transition from a Traditional Procurement Platform to a Cloud-Based One
We’re way past the old days when paper invoices and receipts got lost. The arrival of cloud-based technologies has started a new chapter in procurement and has changed businesses for the better. Today, companies can organize and manage their pricing, choose the most suitable suppliers, decrease manual transactions, and naturally lower error rates. Despite these […]
Procurement Management in the Age of E-Commerce
The growing role of technology in our world has dramatically expanded global connectivity and day-to-day commerce. In recent years, E-commerce has become such an established part of any business. Nowadays, a company can take advantage of cloud-based procurement management systems to easily communicate, place bids and fulfil purchase orders. However, the growing prevalence of cloud-based […]
How Can Efficient Cloud-Based Procurement Platforms Save Time & Money?
Since cloud-based procurement solutions are becoming prevalent, some businesses may be on the fence about utilizing them. In addition, companies with established infrastructures may not see the benefits of a cloud-based procurement system. Regardless of the depth and range of their operation, a cloud-based solution can help them cut down costs and save time in […]
Data-Driven Procurement: What Is It and How Does It Work?
Every organization’s ultimate goal is to gain a bigger market share and achieve a healthier bottom line. Data is the goldmine of the 21st century and is the single most crucial free asset organizations possess in this age of never-ending market wars. Becoming a data-driven procurement organization means using internal and external supply chain data […]
What is a Cloud-Based Procurement Management System?
We are living in the midst of the most significant paradigm shift in human history. Technology is on the march, and it’s only a matter of time before it destroys the old and the obsolete. The old creaky legacy systems are at the end of their rope, and traditional procurement systems are no exceptions. Read […]
