Purchase of product/service through electronic means, primarily the internet is known as e-procurement. Scaled up and superior in many respects, it is an alternative to the manual process of procurement preferred by many organizations for the countless number of benefits it is said to offer.
Transparent procurement process, The only platform for price discovery, Connect to sellers across the globe, Effective savings on purchase, Shorter procurement cycle,
Zero administrative hassles, More buying power with wide supplier network.