E Procure

E-procurement, also known as electronic procurement, is the business-to-business or business-to-consumer purchase and sale of goods and services over the Internet.

The term is often used in reference to the purchasing of goods and services from suppliers via an online marketplace or trading platform. In many cases, e-procurement platforms are used by buyers to source and compare prices for goods and services, track spending, and manage contracts.

E-procurement can offer a number of benefits to both buyers and sellers, including increased efficiency and transparency, reduced costs, and improved supplier relationships.