To put it simply, Blockchain is a technology that can be likened to a huge decentralized ledger. Every transaction is traced, timestamped, signed and open for anyone and everyone to see. Three blockchain models exist: The public blockchain: Understand a network...
An e-procurement solution offers many advantages and covers a wide range of applications. It allows an increase in productivity, a better visibility into real time transactions, and facilitates access for users to the supplies they need. It was a long way before...
As part of purchasing management, e-procurement is one of the favorite methods used by companies to place their item orders. What does e-Procurement mean ? It is commonly referred to as “electronic or online procurement”. E-procurement is a commercial...
As the newest of the purchasing class, procurement outsourcing is often neglected by organizations considering the investments made in e-procurement solutions, especially in order to optimize costs. The strategic impact would be then more significant if companies were...