The official business definition of an end-to-end procurement process is a comprehensive system that covers all the stages of the procurement process, from the initial identification of the need for a product or service to the final delivery of the product or service. This process includes the identification of the supplier, the negotiation of the terms and conditions of the contract, the placement of the order, the receipt of the goods or services, the payment of the invoice, and the follow-up of the delivery. The end-to-end procurement process is designed to ensure that the best value is obtained for the organization, that the procurement process is transparent and efficient, and that the quality of the goods or services is maintained. The end-to-end procurement process is also designed to ensure that the organization complies with all applicable laws and regulations. This process can be used to streamline the procurement process and reduce costs, while ensuring that the organization is able to purchase the goods or services it needs in a timely and cost-effective manner.
