eProcurement: Data Integration and More

eProcurement

Resources

Private and Public Sector Perspectives eProcurement— specifically—Amazon Business by Kelly Hunsaker, King County, Washington, and Kim Hufstetler, Shaw Industries Group Inc.
On-Demand Webinar—Increase Visibility and Reduce P-Card Fraud With Amazon Business
IOCP eCommerce Glossary
eProcurement

Interest in eProcurement systems has steadily grown over the years with the addition of eCommerce-type software products that now satisfy the purchasing requirements between an organization and its suppliers. More large-market suppliers are now offering stand-alone online catalog-buying opportunities, with some offering negotiated contract pricing unique to an organization. In some instances, eCatalogs are built in-house and those suppliers are included as "punch-outs." This enables a buyer to access a supplier’s website from the organization’s in-house web-based catalog.

With the advancement of some eProcurement systems, organizations are enjoying the availability of line-item detail, consequently simplifying the audit process and saving time and money. Also, with some systems, competitive pricing requirements can be achieved using the one-stop shopping experience.

These systems integrate with many of today’s ERP systems, and once set up, can satisfy the organization’s needs and objectives.



Industry Resources

Items that are accessible to both members and subscribers are denoted with a diamond (♦)

eCommerce Portals—The Grand B2B Convergence by Frank B. Martien, Accenture
The Evolving World of eCommerce Payments by Accenture
eCatalogs and Cards—Streamline the Entire Requisition-to-Payment Process to Optimize Your B2B Payments by Mastercard and PayTech
Practical Guide to Commercial Card Integration With e-Procurement and ERP Applications by Visa
♦ Executive Summary of the Practical Guide to Commercial Card Integration With eProcurement and ERP Applications by Visa
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