Efficient Procurement Through eCatalogs
eCatalog systems have been designed to support the indirect purchasing process by making information required for purchasing the products easily accessible. eCatalogs help buyers to search for products and suppliers, place orders, and track them online through the eProcurement system. eCatalogs also help the suppliers to easily customize contents and views of their products and keep the list of offerings updated.
In other words, eCatalogs help to streamline the requisition process and reduce the cost of purchasing. It empowers every employee within the organization to raise purchase orders from their workplaces to preferred suppliers by complying with the policies that are to the best interest of the organization. This result in reduction of maverick spend, better leveraging of discounts and gain more visibility in to spend.