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E-Procurement Tools Offer Benefits That Help Businesses to Stay on Par With the Competition, Says SpendEdge
[January 29, 2018]

E-Procurement Tools Offer Benefits That Help Businesses to Stay on Par With the Competition, Says SpendEdge


SpendEdge, a global procurement intelligence advisory firm, has announced the completion of their most recent whitepaper on introduction to the benefits of e-procurement tools and its applications. Implementing procurement solutions such as e-procurement tools help businesses in streamlining the tendering process by eliminating the need to enter data manually.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180129005919/en/

Introduction to the benefits of e-procurement tools and its applications (Graphic: Business Wire)

Introduction to the benefits of e-procurement tools and its applications (Graphic: Business Wire)

In today's competitive business scenario, e-procurement tools help businesses gain a competitive advantage by helping them conrol robust inventories, reduce purchasing overlaps, and improve manufacturing cycles. Also, e-procurement tools provide enhanced visibility into day-to-day transactions and assist firms in profiling the most suitable suppliers.



According to the procurement best practices experts at SpendEdge, "Leveraging the use of e-procurement platforms help firms operating in various sectors to streamline their purchases by keeping track of the total expenses in the organization."

Request a free proposal to see how SpendEdge's procurement solutions can help you.


Benefits of E-procurement Tools

  • Reduce costs - E-procurement platforms help businesses identify procurement trends and metrics and focus on potential ways to eliminate their maverick spend.
  • Increase productivity - When compared with traditional methods electronic storage platforms make it easier to submit reusable tenders.
  • Eliminate unnecessary paperwork - The use of e-procurement platforms enable data to be stored electronically, thereby simplifying the purchasing process.
  • Reduce Errors - Implementing e-procurement technology helps businesses enhance efficiency and reduce occurrences of human error.
  • To read more, download this whitepaper

Download the complete benefits of e-procurement tools and its application whitepaper here:

https://www.spendedge.com/request-white-paper?related=5647

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.


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