What is E-Procure?
e-Procure is an e-procurement software designed to digitize and automate an organization's procurement and purchasing processes. It provides a centralized online platform to manage all aspects of procurement, from requisition and tendering to contracting, ordering, invoice processing and more.
Key features of e-Procure include:
- Online catalogs and e-sourcing for identifying suppliers and sending RFQs
- Requisition management with built-in approvals workflow
- E-tendering and e-auctions for bidding and price comparison
- Contract management including drafts, reviews, approvals and signing
- Purchase order creation, sending and tracking
- Invoice processing and three-way match for accuracy
- Spend analytics providing insights on expenditures
- Integration with accounting software like SAP, Oracle etc.
An end-to-end e-procurement solution like e-Procure simplifies the procurement process, reduces maverick spending, ensures compliance, provides visibility and control over spending, and helps organizations maximize value for every dollar spent.
FreshBooks, Avaza, Blesta, Simple Invoices, Billings Pro, Invoicera, Siwapp, Zoho Books, Freeagent, Fanurio, Tradeshift, Procurement Path are some alternatives to E-Procure.