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What is e-Procurement?


Private e-Marketplace Business Models
 
 
 
 


What is e-procurement?

This e-Procurement private e-Marketplace is an exclusive platform that allows organizations with multiple locations or large purchasing departments to aggregate and streamline their entire procurement process.

» Enhanced Business Relationships

  • Business rules, based on contractual agreements, define the business relationship between buyers and suppliers
  • Corporate guidelines and purchasing procedures can be created into the system thus reducing manual efforts

» Brand Management

  • Enhances the brand image of large hotel chains or groups through the use of the Website
  • Develops and maintains consistent branding of their group of properties

» Efficiency

  • Communication with the supplier is conducted in "real-time"
  • Significant reduction in direct and indirect costs incurred in facsimile transmissions and telephone calls

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