eProcurement | SYNIC Consulting

e-Procurement

Enhance operational spending

Facilitates a fast and effective purchasing workflow that fully adheres to your company’s procurement guidelines.
Enables vendors to offer products and services to your company.

User Friendly Interface

Less Supplier Queries

Complete Visibility & Control

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Difference between Purchasing and eProcurement

Purchasing	eProcurement
Activities related to the buying of goods and services from an external supplier	Refers to the process of receiving goods and services from an external supplier
Only details how the goods and services are bought	Includes everything that happens before, during and after receiving the goods and services
Focuses on the transaction rather than the creation of a relationship with the vendor	Focuses on building long-term relationships with vendors
External process used primarily in wholesale environments	Internal process used in production environments
Process includes ordering the goods or services, expediting and fulfilling payments	Process includes identifying needs, sourcing and closing contracts

End-to-End Procurement Management

Digitise and automate your procurement processes, from purchase requests and approvals to vendor management, sourcing, purchasing, and invoice processing.

Improved Spend Visibility

Gain real-time insights into procurement activities, supplier performance, contract utilisation, and organisational spending.

Faster Approval Cycles

Automate approval workflows with configurable rules, notifications, and escalations to eliminate manual bottlenecks.

Stronger Governance & Compliance

Enforce procurement policies, approval hierarchies, audit trails, and vendor compliance requirements across the organisation.

Supplier Collaboration

Enable seamless communication and collaboration with suppliers through a self-service vendor portal.

Cloud-Based & Secure

Access the platform anytime, anywhere with enterprise-grade security, role-based access controls, and data protection standards.

e-Procurement

Difference between Purchasing and eProcurement

End-to-End Procurement Management

Digitise and automate your procurement processes, from purchase requests and approvals to vendor management, sourcing, purchasing, and invoice processing.

Improved Spend Visibility

Gain real-time insights into procurement activities, supplier performance, contract utilisation, and organisational spending.

Faster Approval Cycles

Automate approval workflows with configurable rules, notifications, and escalations to eliminate manual bottlenecks.

Stronger Governance & Compliance

Enforce procurement policies, approval hierarchies, audit trails, and vendor compliance requirements across the organisation.

Supplier Collaboration

Enable seamless communication and collaboration with suppliers through a self-service vendor portal.

Cloud-Based & Secure

Access the platform anytime, anywhere with enterprise-grade security, role-based access controls, and data protection standards.