# Impact of eProcurement

- Reduced costs of goods and services: eProcurement solutions make it easier for purchasers to buy “on contract,” increasing buying leverage with key suppliers.

When implemented properly, eProcurement promises to generate major productivity and cost savings for large organizations.

- Higher productivity: eProcurement solutions make it possible for business consumers to do their own buying directly from suppliers. As a result, purchasing professionals now have more time to spend on higher-value activities .

- Better information for procurement management: Purchase data collected from an integrated, internal system can be examined to identify and adjust sourcing policies and process flows as needed to “keep the company moving”.

- Better planning: True integration of intercompany business processes enables collaborative planning with suppliers, which can reduce working capital requirements and lower required inventory levels.

Impact of eProcurement

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