Today’s featured white paper comes from Sourcing Innovation and Emporion. It is called “Integrated End-To-End eProcurement: The Foundation For Spend Management Success.”
eProcurement allows end users to find products and services offered by approved suppliers at contracted pricing and to purchase them via an experience that replicates a consumer shopping experience. The white paper begins with a quick review of these basics of what eProcurement is and is not. It then defines “end-to-end eProcurement” and discusses the benefits of integrating what some organizations treat as separate parts of the procurement process.
While there is no shortage of focus on the technical aspects of eProcurement, there were some interesting nuggets of advice for successfully implementing eProcurement systems and driving adoption, such as:
- “Understand the drivers for change. Make sure there is a clear understanding of the inefficiencies, costs. Try as much as possible to identify problems the organization is currently facing, as well as the improvements the system will bring.”
- “Re-engineer business processes with cross-functional teams as these processes need to work for all affected parties, not just the day-to-day purchasing team or accounts payable organization. In addition, it’s the best way to make sure colleagues throughout the organization understand the system and the benefits it can bring.”
- “The best way to ensure the system gets used is to convince management to base part of everyone’s performance evaluation, and the criteria for bonuses and raises, on procurement system utilization metrics.”
It’s a pretty extensive white paper and I can’t cover the whole thing, but you can download your own copy here.
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Recommended Reading
- NLPA Vendor Review: Puridiom eProcurement is Solid Where it Counts
- eProcurement Today
- eProcurement System
- Is Partial eProcurement Adoption Right for Your Company?
- Intelligent Procurement: How Can AI Expand Value?
- Procurement 101: The Procurement Management Process
- Expert Procurement Operations Management
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