Glossary What is E-procurement?

E-procurement is the sale and purchase of supplies, commodities, technology or services over the internet. These transactions can be business to business, business to consumer or business to government. E-procurement is supported through a procurement platform of product catalogs, user accounts and transaction capabilities hosted on a website or application.

Businesses often partner with an e-procurement platform provider to simplify resource purchases. Common e-procurement platform features, include:

• Personalized user accounts
• Order tracking
• Saved carts
• Product comparison
• Invoicing

Learn more about e-procurement