E-Procurement

E-Procurement refers to the use of digital platforms to automate and streamline procurement processes, from sourcing suppliers to managing purchase orders and payments.

This approach increases efficiency, reduces costs, and improves transparency.

With e-procurement, companies can centralize purchasing activities, making it easier to track spending, manage supplier relationships, and maintain compliance with procurement policies.

For example, a business might use an e-procurement platform to automate the process of ordering office supplies, ensuring consistent pricing and delivery.

Relatico integrates e-procurement capabilities, allowing users to automate and manage procurement workflows in a single system.

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