Fulfilling the Promise of E-Procurement in Mid-Sized Businesses

E-procurement was touted over the last decade as a system for delivering numerous benefits to organizations, including reduced spending. Now there are questions about its ability to fulfill its promise, unless the business is a very large global company.
— By Sharon Ross

Electronic procurement (e-procurement) is a solution that can deliver an average of 12 percent savings across the board, according to some estimates. Procurement practitioners understand what the system is capable of delivering, but many other organizational leaders believe it was over-hyped by technology providers as something that could provide benefits to every organization of any si....