What is eProcurement
eProcurement typically describes business-to-business purchases that are done online or over some digital
network or platform. This is a rather broad description of many transactions that happen based on modern technologies and business and vendor partnerships. E-procurement, also known as electronic procurement, is a software or web application based automation of product, supply, equipment, service procurement processes and the automation of buyer processes to enable easy purchasing from suppliers. The e-procurement platform is designed to centralize and organize interactions between orgnaizations, suppliers, and supply chain partners to improve speed and efficiency of procurement processes.