- June 13, 2016
- Posted by: James
- Category: IT Procurement
Rolling out major ERP and e Procurement systems has been a key element of state procurement reform initiatives implemented by states over the past decade. NASPO members recognize the prevalence of eProcurement/ERP Solutions and the clear return on investment from automating state procurement. Implementing eProcurement/ERP systems is one of the top five priorities for NASPO in 2016.
This paper highlights key elements and functionalities of electronic procurement systems in seven states. The paper discusses eProcurement/ERP implementations including efficiencies gained, increased transparency of spend and procurement processes along with success stories and challenges.
Implementing eProcurement/ERP solutions generate substantial savings and create efficiencies for the state central procurement office and user agencies as well; they facilitate the collection of comprehensive spend data and increase transparency. Additionally, these systems increase competition, provide easily-accessible and efficient ways to participate in contracting opportunities to all suppliers.