COMPUTER APPLICATIONS
E COMMERCE AND E BUSINESS APPLICATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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E-Procurement
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Electronic Government
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Electronic Democracy
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Electronic Administration
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Detailed explanation-1: -E-procurement software facilitates the e-procurement process. It also enables procurement staff to automate various activities, functions and procedures, including policies, contracts and vendor relationships.
Detailed explanation-2: -There are five main digital processes involved in e-procurement. These processes coincide with traditional procurement cycle stages: requirement definition, sourcing, solicitation, evaluation, contracting, and contract management.
Detailed explanation-3: -E-procurement streamlines the procurement process, by eliminating manual processes. Rather than exchanging contracts, distributing proposal documents, and completing supplier onboarding questionnaires manually, every step of the process is handled digitally, which boosts efficiency and minimises the risk of errors.