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EU drives eProcurement for public sector
A recent press release from the European Commission has highlighted the importance of eProcurement as part of driving greater efficiency in public sector organisations. The release highlights that eProcurement solutions are already demonstrating savings for public sector organisations between 5-20%, which based on current spend and only a 5% saving would result in a 100 billion euro saving a year.
The release also highlighted the importance of an eProcurement solution as part of economic development stating "E-procurement can also participate in providing new sources of economic growth and jobs. E-procurement can significantly simplify the life of companies, especially SMEs, by increasing the transparency of and access to tender opportunities and by reducing the costs of participating in a tender (reduced mail costs, less printing, etc.)."
The European Commission