oboloo

oboloo Glossary

E Procure

oboloo Glossary

E Procure

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.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971