e-Procurement: From Strategy to Implementation

Chapter 4. Making the Business Case for E-Procurement

Objective As with any major investment of time and resources, an e-procurement initiative should be based upon a strong and well-documented business case. The e-procurement business case comes from three areas: process efficiencies, compliance, and leverage. Process efficiencies come not only from eliminating paperwork and human intervention, but also from shifting indirect purchasing responsibilities, to the employee desktop. The system reduces maverick buying and ensures compliance to the organization’s purchasing guidelines. E-procurement makes it possible to capture accurate and timely information on every purchase. New reporting and decision support tools now help procurement specialists ...