e-Procurement: From Strategy to Implementation

System Selection Phase

There are many good books on system selection techniques that can explain in detail how to develop your software requirements and “scripts” for vendor demonstrations, but it is worth noting that because of the volatile nature of the e-procurement software industry and marketplace just now, the scoring criteria for an e-procurement project should include several key areas of emphasis: cost, functionality, and integration and interoperability.

Cost

Although Gartner Group, confident of the potential returns of an e-procurement project, contends that an organization should expect an ROI to be justified in two years,^[1] it is important to remember that such an ROI needs to be realistic and to include all of the elements that ...