Life of people , both personal and professional are affected and challenged by Covid-19 pandemic. Lockdowns which continued for days and months together (with threat of new variants of pandemic still looming around) created a new normal. Success will embrace only those who are ready to take on the challenges in spite of the uncertainties, unknown/never known possibilities, probabilities and threats . Here comes the relevance of E-Procurement – a tool to navigate your supply chain sourcing and procurement needs safely and profitably.
An effective E procurement tool will provide the following:
- Virtual work place : Web enabled E-procurement software’s helps organization to tide over lockdowns and continue work uninterruptedly.
- Enhanced Visibility: Procurement processes carried out through online platform gives visibility of each stage to team members enabling well-informed decisions.
- Trimming processing time of repetitive jobs: System helps to identify repetitive jobs and handle them with much less processing time. In fact 60-80% improvement in turn around time can be achieved for repetitive jobs.
- Reduced dependency : Software guided procurement process helps to a disciplined approach and thereby new incumbents can easily take over. Management can boldly handle reluctant and unproductive labor force.
- Better man power utilization: Unblock resource wastage: and use it for other productive tasks.
- Customized E-Procurement tool , makes the software tailor made for specific industry segments and provides greater ease than big ERP’s with complex process flows .
- By tapping into the power of a digital web based procurement solution, companies can streamline, automate, and optimize your entire procurement process, capture cost, reduce expenses, and generate profit .
Versatility, accessibility, remote working and ease of adaptability are the cardinal features that make E procurement an inevitable tool for Next Level business.
E-procurement Software as a Service (SaaS) , makes state of art technology& professionalism affordable for even small /medium scale organizations.
We can see more and more organizations transforming their business using E Procurement software or engaging E-Procurement service providers and getting ready to embark on the journey to embrace the new business normal.
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