Update 1/19/2017: This post has been updated with additional top advantages of eProcurement software for businesses.
With the emergence of new age collaborative business practices and better analytics, eProcurement software is emerging as a natural extension of prevalent systems to bring transparency, automation and efficiency into purchase processes. Increased competition has forced the companies to outsource its non-core activities and to focus more on building expertise in a specific area; in such a scenario, productivity and agility of your supplier directly affects your business performance. eProcurement, thus is getting on top in the list of priority for CIO as its moving from a luxury to a must have solution. (more…)