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Abstract
eProcurement systems are web-based software applications that offer a method for organisations to govern spend by implementing contracting and procurement best practices. eProcurement tools provide a method for adding visibility across the entire progression of contracting and procurement transactions. The intent for the electronic system is to provide complete insight into the cashflow and financial commitments for an organisation.1 The eProcurement systems support the centralisation of the procurement department by setting up an organisation for providing shared services. Once an organisation invests in an eProcurement system, there are transitional considerations to drive effective business practices for the development of the guided organisational spend.
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Author's Biography
Jill R. Larson is an accomplished Supply Chain Management, Procurement and Operations lead with 25 years’ experience using exceptional communication and leadership skills to coach, manage and motivate diverse professionals in challenging environments. She is an experienced professional in the utility industry with demonstrated focus on total cost of ownership and process management. Jill is generally recognised by peers as an expert in the supply management field. She is a strategic lead for developing business behaviours and programmes to address knowledge transfer in an industry of ageing workforce. Jill holds a bachelor degree from Eastern Oregon University, a Master Degree in Business from Western Governor’s University and is a Certified Professional in Supply Management earned from the Institute for Supply Management.
Citation
Larson, Jill R. (2018, June 1). Utilising eProcurement systems: Four concepts. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 1, Issue 1. https://doi.org/10.69554/ZBGJ4530.Publications LLP