E-Procurement

Solutions for the automated capture of internal requisitions and orders for suppliers via standardized catalogs, guided buying interfaces for stakeholders and goods receipt tracking.

Why invest in E-Procurement technology?

E-Procurement technologies support the automation of key transactional buying activities that are not addressed in ERP systems, reducing (corporate end-user buyer) maverick spend, improving cross-functional process/data integration, enabling effective spend, preferred supplier and category management.

Why selecting the right E-Procurement Technology can be difficult

Purchasing configuration

Determining the best solution to manage multiple spend categories (i.e., services, indirect, direct) in a single solution considering the significant capability variation between solutions to configuring different types of purchases.

Automation and collaboration

Identifying the solution that best meets your automation expectations, collaboration capability requirements (internal/external) and user guidance (no more, no less) in compliance with your purchasing policies and procedures against solution offerings.

Right fit

Assessing each solution’s analytics focus/purpose to identify which is best aligned to identify business value improvement opportunities in your organization.

Top 5 E-Procurement Tech Capabilities

Learn more about E-Procurement tech capabilities and discover the importance of capabilities in your technology selection.

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top capabilities chart for eprocurement

Spend Matters intelligence helps you identify which solutions enable you to:

Support the requisitioning types, including the functioning of purchasing processes (Requisition, Ordering, Receiving, etc.) among stakeholders, in accordance with your business needs.

Provide the UX to intelligently guide business users to comply with policies and procedures, including assessing who has the analytics and AI/ML capabilities to improve/simplify the process.

Create more value for the user and the business through advanced data analysis.

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